Macau

China’s National Day and the Mid-Autumn Festival holidays pushed visitor arrivals to Macau up 16.2 percent month-on-month, according to the Statistics and Census Service (DSEC).

Sociedade de Jogos de Macau, S.A. (SJM) has announced the opening of its Jai Alai Hotel at the Outer Harbor District of Macau.

Macau junket operator SunCity Group says it is expanding its non-gaming offerings by investing in travel products and entertainment options that attract high rollers.

Emperor Entertainment Hotel Ltd reported a 12.8 percent increase in profit for the six months ended September 30, 2017, reaching HK$118.6 million (US$15.2 million).

The CEO of Wi Holding, the company looking to raise $500 million for a floating casino in Macau is denying the involvement of former triad boss “Broken Tooth” Wan Kuok-koi.

Luxury hotel operator The 13 Holdings posted a loss of HK$23.6 million for the six months ended September 30, 2017.

The Macau government is expecting total expenditure in 2018 to be more than MOP109.6 billion (US$13.6 billion), a 14.5 percent increase from the budget this year.

Sands China Ltd. celebrated the 10th anniversary of The Venetian Macao Monday, highlighted by a ceremony at the outdoor lagoon of the iconic integrated resort.

Total visitor spending in Macau, excluding gaming, grew 8.8 percent year-on-year in the third quarter of 2017, according to data from the Statistics and Census Service (DSEC).

Capacity expansion, ramp up of recently opened properties, transportation infrastructure improvements and strength of the Chinese premium consumer should continue to push up mass over the next five years, says Bernstein in a note on Tuesday.

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