Macau

Macau ADR in the past week (January 9 - 15) slowed down to MOP 614 million (US$76.9 million), down 4 percent from the week preceding, said Bernstein in a note on Monday.

A union representing employees of Macau casino operator SJM Holdings has gathered nearly 8,000 signatures for a 5 to 7 percent salary hike

Stronger than expected gaming revenue in the fourth quarter of 2016, along with improvements in VIP and mass play could see Macau achieving gaming revenue growth of 6 percent in 2017, say analysts from Morningstar.

The owners of the Beijing Imperial Palace Hotel will be returning its hotel license to the Macau Government Tourism Office (MGTO).

Melco Crown Entertainment Ltd. has announced the declaration of a special dividend as well as an amendment to its dividend policy.

Casino operator Wynn Macau Ltd has announced that it would issue a ‘winter bonus’ to eligible workers on January 13, according to an internal notice from the company.

Gambling is still the main reason for Chinese visitation to Macau, with most planning to spend even more, or at least the same amount on their next visit, according to a proprietary survey conducted by Bernstein Research.

SHFL Entertainment (Asia) Limited earlier this week announced the completion of its merger with US-based Scientific Games Corporation, and will be subsequently changing its name to SG Gaming Asia Limited.

Nearly 300 workers held a demonstration on Monday, demanding an increase in wages from Macau’s six major gaming operators.

Over the years, G2E Asia has gained a high reputation from Macau government, regulators, casino operators and suppliers in Asia.

Pages