Macau

The Macau Government Tourism Office (MGTO) will continue its marketing efforts in China next week with a five-day roadshow in Chengdu.

Authorities have unveiled the leadership structure for the Macau Hengqin In-Depth Cooperation zone, which will be jointly managed by Macau and the Mainland. 

The latest developments in relation to Macau’s gaming concession retendering process has given a chance for Beijing to “reset the table” in respect to the makeup of Chinese vs American casino companies in Macau. 

Macau tourism authorities expect to welcome about 35,000 visitors a day during the Golden Week holiday, up slightly from the 30,000 predicted in August.

Wynn Macau said lenders have agreed to a $1.5 billion revolving credit facility, which will be used to refinance existing debt and general corporate purposes.

Suncity Group Holdings and its Summit Ascent Holdings unit have won multiple awards for investor relations at the 7th HKIRA Investor Relations Awards Ceremony.

The Macau Government Tourism Office (MGTO) has announced the resumption of the “Stay, Dine and See Macau” program from Saturday, September 18.

Signs China is tightening its grip on Macau triggered a record sell off in the six operator stocks, although the latest edict shouldn’t have come as a surprise.

The record selloff in Macau operator stocks paints "a far more ominous picture than the reality of what has, or has not changed," Deutsche Bank said in a note.

Sands China and Bank of China Macau Branch have issued the first co-branded UnionPay credit card for Macau residents.