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Macau tender guidelines published, but details scant

The Macau government has published long-awaited guidelines for the re-tendering process for its six casino concessions, though the broad brush outline is still short on specifics, industry observers say. 

Macau kicks off more mass testing as Covid cases top 900

Macau began another round of mass testing on Monday as the number of Covid cases continued to rise, topping 900.

Macau operators told to reduce staffing, ask employees to take leave

Macau’s operators are reportedly asking staff to take various forms of leave after being told to reduce the number of employees at work by 90 percent.

Macau operators to post 2Q22 losses as monthly GGR hits 21-month low

All of Macau’s six operators are likely to post EBITDA losses in 2Q22 after gross gambling revenue for June hit its lowest level in 21 months, says J.P. Morgan.

Macau lifts 48-hour NAT test requirement for casino workers

Macau has lifted the requirement for all casino workers to have an NAT test every two days due to overcrowding at testing stations.

Macau Legend $152m loss raises concern for future casino operations

Macau Legend Development remained optimistic for the future of its casino operations despite announcing a loss $152 million USD for the 2021 Financial Year. 

Negative tests needed for Macau casino entry from Friday

Macau’s casino regulator said measures requiring all staff and guests to have a negative Covid test to enter the premises will go into effect Friday, as cases in the city continue to rise.

Macau hotel occupancy drops in May to 34.2%, luxury worse

Macau’s average hotel occupancy declined 27.9 percentage points in May to 34.2 percent, despite the Golden Week holiday in the month.

Macau casino stocks bounce as China takes a “step in the right direction” on Covid

Macau casino operator stocks surged on Tuesday after China announced its first major easing in border restrictions since the pandemic began. 

Macau Covid cases up to 357, casinos told to step up prevention measures

The number of Covid cases in Macau has risen to 357 and the gaming regulator has urged casinos to restrict the movement of people and to increase their epidemic control measures. 

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