Casino operator SJM Holdings held the opening ceremony of the SJM Recruitment Center on Thursday.
MGM China’s new resort on Cotai, which is scheduled to open in the second half of this year, will feature a permanent collection of more than 300 pieces of art, the company said.
Macau’s new smoking regulations could crimp VIP revenue, but overall the impact will be relatively limited, JP Morgan said in a note.
Melco Crown Entertainment plans to change its name to Melco Resorts and Entertainment following its decoupling from joint venture partner, Crown Resorts.
Iao Kun Holdings has transferred its listing from the Nasdaq Global Market to the Nasdaq Capital Market after failing to comply with the exchange’s minimum bid price requirement.
Casino operators will have until January 1st 2019 to upgrade their smoking lounges or set up new ones according to the new standards laid out by healthcare authorities last month, TDM reports.
Galaxy Entertainment Group Deputy Chairman Francis Lui Yiu Tung says his company has studied plans for a casino in the Japanese cities of Osaka and Tokyo and it is confident of obtaining a license.
Recent analysis of Google search data and observation of market trends suggest that Wynn Macau’s market share could rise higher than expected, notes Morgan Stanley.
Macau’s gaming operators have agreed with the proposed specifications for smoking lounges made by the Health Bureau, according to the bureau’s deputy director, Cheang Seng Ip.
Macau’s gross gaming revenue growth is expected to moderate in March after a near 18 percent jump in February that topped expectations, analysts say.