Macau

HK-listed Sands China Ltd. has declared an interim dividend of HK$0.99 per share, according to a filing from the operator on Friday.

Success Universe Group says it expects consolidated loss for the full year 2016 to increase as much as threefold, due to average performance of its Ponte 16 operations as well as a decrease in performance of the group’s lottery business.

MGM China’s new Macau casino launch date should be no later than October 1, say analysts.

Macau got off to a good start in January, with GGR in the initial weeks higher than expected, though few expect any return to the stellar growth rates of the past, with China still likely to be the driving factor for casino operators.

 

Macau got off to a good start in January, with GGR in the initial weeks higher than expected, though few expect any return to the stellar growth rates of the past, with China still likely to be the driving factor for casino operators. Beijing’s crackdown on corruption triggered a two-year slump in gaming revenue and going forward the performance of its economy, efforts to control capital outflows and its ongoing fight against graft will all play a role in determining the strength of the local gaming market.



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Macau’s total visitor arrivals hit a record 30.95 million in 2016, a 0.8 percent rise over a year earlier, says the Macau Government Tourism Office on Wednesday.

Secretary for Economy and Finance, Lionel Leong says the government’s review of its six casino gaming operators will be completed before 2020.

Luxury hotel operator The 13 Holdings Ltd has commissioned two gold infused Rolls-Royce vehicles to become part of its collection of Rolls-Royce Phantoms.

MGM Resorts has pushed back the expected opening of its HK$24 billion ($3.1 billion) integrated resort, MGM Cotai, to the second half of 2017.

Casino operator MGM China Holdings Ltd. has announced a discretionary bonus to eligible team members at non-managerial positions equall to one month’s salary, according to a press release from the operator on Tuesday.

Casino operator Melco Crown Entertainment Limited has announced it will be awarding a one-month discretionary bonus to its non-management employees, to be paid out before Chinese New Year.

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