The Macau Public Security Police expects the number of visitors and border crossings to reach 2019 levels or exceed them by 3 percent, totaling 6 million border crossings during the Chinese New Year break.

The deputy chairman of Ponte 16 operator Success Universe projects that Macau’s February daily gross gaming revenue (GGR) could record a post-COVID high, surpassing the highest daily GGR recorded last October.

The operator of Macau's Ponte 16 casino, Success Universe, said it is discussing with the government about its future development projects, part of which include a floating casino.

The deputy chairman of Ponte 16 operator Success Universe is forecasting that mass market revenues will fully recover to pre-pandemic levels, while overall GGR should reach some 60 percent of former results.

While most of the industry breathed a sigh of relief following the publication of Macau’s gaming law amendments, the satellite casinos were left in limbo and are still waiting to hear their fate.

Macau’s satellite casinos were the biggest losers in the government’s gaming law amendments, which are currently under review in legislative committees. In this week’s Face-to-Face interview, Success Universe Group Deputy Chairman Hoffman Ma discusses the impact this has had on the company’s Ponte 16 property.

Ponte 16’s operator, Success Universe Group, reveals that it has allocated HK$100 million ($12.8 million) for revamping its hotel facilities.

The new management at Sands China is focused on cutting down overall costs while also maintaining customers, notes gaming consultant Sudhir Kalé. Grant Chum, the new CEO of the company replaces Robert Goldstein, while also getting the role of President - as Wilfred Wong was elevated.

Success Universe Group said it plans to refinance up to HK$490 million ($62.6 million) in loans provided to Macau's Ponte 16, one of the few satellite casinos operating on the city's peninsula.