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Club Cubic closed due to rental dispute with City of Dreams Macau: Operator
Former operator of Club Cubic Luk Hing Entertainment said it had decided to stop operating due to rental disputes with the City of Dreams Macau.
City of Dreams Mediterranean targeting Middle East, North Africa and Europe, synergy with Macau
Melco’s ambitious venture into Europe, City of Dreams Mediterranean, is scheduled for success – or at least the operator is banking on that, as it leverages its 100 tables and 1,000 slot machines to maximize synergy of its sun-drenched shores with its casino operation.
City of Dreams best performing Macau IR in first three quarters of 2020
Gaming operator Melco Resorts held the largest percentage of gaming revenue generated in Macau for the first three quarters of this year thanks to the performance of its City of Dreams property, according to a report by newspaper Tribuna de Macau.
Macau premium mass play hits record high during October Golden Week: Citigroup
According to a report from Citigroup, Macau’s premium mass wagers surged during the October Golden Week, shattering previous records.
Macau’s Chief Executive candidate advocates for more IR residency shows
Macau's sole candidate for Chief Executive, Sam Hou Fai, has committed to promoting residency shows by casino operators as a key strategy to boost tourism.
Macau October Golden Week visitors exceed 2019 level: CLSA
Macau has had a solid start to the October Golden Week, with visitor arrivals already surpassing 2019 levels, according to CLSA.
Macau’s base mass unlikely to see strong recovery until China’s economy improves: SeaportÂ
Seaport Research Partners notes that Macau’s base mass is unlikely to experience a strong recovery until China’s economy and consumer confidence improve.
Macau’s premium mass wager up with Galaxy gaining market share: Citigroup
Citigroup, in its August premium mass table survey, has observed that Macau continues to demonstrate resilience in gaming amid China’s economic headwinds, maintaining robust player demand.
Market share of Macau gaming operators to continue to shift throughout FY24/25: analyst
No major surprises are expected out of the upcoming second quarter results for Macau gaming operators, according to Seaport Research Partners, however market share is expected to continue to shift as competitive positions realign.
Daily Asia Gaming eBrief: Macau has too many croupiers, says Insider
There can be too much of a good thing. For Macau, currently that's croupiers, as the post-pandemic conditions have caused a mismatch between availability and demand. Staff retention programs, the new gaming licenses and smart tables are all having an effect on this surplus, notes an insider. Still in Macau, CLSA has lowered its GGR forecast for this year, with uncertainties from a slower pick-up in the second quarter and China's stance on illegal money exchange.
