Macau
Macau warns against illicit “encashment”
The Macau Monetary Authority has warned the public against entities offering illegal “encashment” services in the territory.
In a statement, the authority said that individuals...
Macau Sept. tourist arrivals gain, overnight guests decline
Tourism arrivals showed strong growth into Macau in September, though government data shows the biggest gains were in the lower spending day tripper category.
IMF explains Macau forecast cut
The IMF has explained why it cut Macau’s economic forecasts for this year, blaming a negative performance in the first half, falling investment and lower gambling revenue.
Sands to open “body immersive” museum
Sands China is adding to its non-gaming attractions with a digital-only museum that it describes as a “body immersive” experience.
IMF sees negative Macau GDP until 2022
Macau’s economy is likely to shrink this year and remain in negative territory until 2022, according to the International Monetary Fund.
Luck helps Macau Oct. GGR: Bernstein
Gross gambling revenue in the first 20 days of October is likely to be about MOP18.6 billion ($2.3 billion), with the luck factor helping offset lower VIP.
Macau casino exclusions hit 148 in Q3
Macau received a total of 148 exclusion requests in the third quarter, putting exclusions on track for a record high, according to figures from the regulator.
Venetian Macau gets “Property of the Year” award
Sands China's The Venetian Macau has picked up the “Property of the Year” award at the Global Gaming Awards in Las Vegas.
Mass GGR jumps in Q3, though VIP drops
Gross gambling revenue from the mass market sector rose almost 18 percent in Q3, while VIP play declined 22.5 percent as the slowing Chinese economy held back growth, according to figures from the Gaming Inspection and Coordination Bureau (DICJ).
DICJ explains casino entry ban to Sands staff
The Macau Gaming Inspection and Coordination Bureau (DICJ) held an explanatory session for Sands China staff on the entry ban for casino workers.
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