Galaxy Entertainment Group has officially opened its new 700-room Andaz Hotel - the largest of the brand worldwide - in Macau on September 15th.

Andaz Hotel, a luxury hotel part of Cotai casino resort Galaxy Macau, is planning its official opening on September 15th, following the launch of Raffles Hotel in the same integrated resorts (IR) in mid-August.

UBS reports that Macau hotel prices for mainland China’s five-day Labor Day holiday season are 20 percent below this year's Chinese New Year (CNY) rates but bookings are high.

Extreme hotel price hikes during the Chinese New Year (CNY) holiday may no longer be a concern in Macau, given the increasing inventory and rational consumption trends.

Morgan Stanley analysts project continued positive consensus revisions for Macau, fueled by increased confidence in the mass GGR this year.

In the second part of the Face to Face sit down with 2NT8 Limited’s Managing Director Alidad Tash, we delve into the shifting role of Macau's junkets, the frontloading of non-gaming spend – now upped to nearly $16 billion over 10 years, and how to align government and private-sector initiatives to benefit both. In addition, RFID tech is placing MGM China far ahead of the competition.

Macau gaming operator Galaxy Entertainment Group (GEG) officially opened Phase 3 on Wednesday, with the goal of establishing a new cultural landmark in the gaming hub.

Galaxy Entertainment Group (GEG) announced an encouraging third quarter of 2023, with net revenue rising to HK$9.7 billion ($1.24 billion), representing a 374 percent year-on-year increase.

Macau’s gross gaming revenue (GGR) for the first 24 days of September is estimated to be approximately MOP 12 billion ($1.49 billion), with an average of MOP 500 million ($62.1 million) per day, as noted by investment bank JP Morgan.

That was the mantra for Macau gaming operators regarding cybersecurity checks, after a series of hacks of US gaming operators. A cybersecurity insider notes that the operators already conduct high-level scans daily, but that comprehensive reviews were being conducted regardless.