Macau

A former dealer previously employed by the Galaxy Entertainment Group has submitted a petition letter to the Labour Affairs Bureau (DSAL).

Macau’s gross gaming revenue (GGR) is expected to be in the range of MOP18.7-MOP18.9 billion in November, representing an increase of 13.9 to 15 percent year-on-year, said Bernstein in a note on Tuesday.

Amax International Holdings posted a net loss of approximately HK$18.3 million for the six months ended September 30, 2016, according to a filing to the Hong Kong Stock Exchange.

Hong Kong-listed investment company Kingston Financial Group Ltd. reported a 19 percent decrease in profit for the six months ended September 30, 2016.

Wynn Palace will see gradual ramp up in the short term as it increases marketing efforts and connectivity enhances, said a note from Morningstar over the weekend.

Macau’s hotels saw occupancy rates increase 4.8 percentage points year-on-year to 88.5 percent in the month of October, according to data from from Macau Government Tourist Office (MGTO).

Macau’s gaming service quality reached record highs this year, scoring 132 points, according to data released by the Macau Gaming Research Association.

The number of gaming crimes totalled 1,298 cases for the first nine months of 2016, a rise of 16 percent compared to the prior year period, according to Macau authorities.

The Suzohapp team successfully displayed their expertise and latest innovations at the MGS Entertainment Show this year.

Studio City Co Ltd. has announced the pricing of its senior secured notes due 2019 and senior secured notes due 2021.

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