Macau

Wynn Macau has announced a salary rise for almost 98 percent of its staff, according to a company press release on Thursday.

Macau casino operator Melco Resorts & Entertainment saw its full year 2017 net revenue grow 17.7 percent to US$5.3 billion, primarily attributed to better group-wide performance across all gaming segments.

Galaxy Entertainment Group celebrated its inclusion this week on the Nikkei Asia300 Investable Index, which is designed to recognize Asia’s biggest and fastest-growing companies.

The Asian online gambling industry is on the cusp of major change. A growing number of markets are moving towards regulation and licensing, competition amongst operators is hotting up, and players are becoming savvier and expect more from the brands and sites they engage with.

The Asian online gambling industry is on the cusp of major change. A growing number of markets are moving towards regulation and licensing, competition amongst operators is hotting up, and players are becoming savvier and expect more from the brands and sites they engage with. Traditional models are no longer enough and companies need to find more engaging ways of engaging with players. Content marketing is one option



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MGM Cotai will have its official grand opening on Tuesday, February 13, 2018, according to a media invitation sent on Tuesday.

Junket operator Meg-Star Group on Monday hosted a charity night and reunion gala dinner at the Sheraton Grand Macao Hotel Cotai, with over 3,000 guests in attendance.

A croupier from Macau and two gamblers from mainland China have been arrested on the weekend for embezzling at least HK$450,000 (US$57,550) from a casino in Macau.

January GGR growth in Macau expected to reach 16 to 19 percent year-on-year, however, the pre-CNY slowdown may affect estimates, said Bernstein in a Monday note.  

Reporting on weekly GGR numbers, the brokerage said Macau raked in MOP 3.52 billion for the first week of February (Feb 1-4), with an average daily rate of MOP 880 million.

Bernstein however said that the week should not be taken as guidance for the rest of the month.

A group of around 35 Sands China Care Ambassadors spent time Saturday volunteering at Macau Holy House of Mercy’s Welfare Shop, where they distributed 350 food hampers to disadvantaged families ahead of the upcoming Year of the Dog.

Melco Resorts & Entertainment launched its first property outside of Macau in December 2014 with the opening of the $1 billion City of Dreams Manila.

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