Macau

Fitch Ratings on Tuesday announced it has upgraded Macau’s long-term foreign-currency issuer default rating (IDR) to AA from AA-.

LT Game Limited, a subsidiary of Paradise Entertainment Limited, has secured an agency agreement with a Chinese company for the research and development of gaming equipment.

GLI Asia is celebrating ten years of service to the Macau gaming market and to the operators, regulators, and suppliers of the surrounding regions in Asia-Pacific.

MGM Resorts is opening its $3.4 billion casino resort today, just days ahead of the Lunar New Year period.

Studio City, operated by Melco Resorts & Entertainment, today announced that it has been granted an extension of the development period under the Studio City land concession contract.

The coming Chinese New Year period may see more hotel rooms booked compared to the previous year, say analysts.

Sands China Ltd. is implementing a paid paternity leave policy for eligible team members as of Feb. 16, 2018, according to a company announcement.

Macau junket operator Rich Goldman Limited is expecting to record a decrease in profit for the six months ended December 31, 2017.

International passenger volume at the Macau International Airport is expected to increase by at least five percent year-on-year during the Lunar New Year period.

Macau saw the total number of gaming related crime cases drop slightly in 2017, despite the gaming sector recording significant growth in the year.

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