Macau's six operators are expected to post a collective EBITDA loss of $823 million for Q3, improving from a loss of $1 billion in Q2, according to a Bloomberg poll of analysts.
Macau’s 53,000 gaming sector workers could be asked to undergo another round of Covid-19 tests, local health authorities indicated.
The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
Las Vegas Sands will be the first of the major operators to report its Q3 results on Wednesday, providing a snapshot of how the recovery process from the pandemic is faring in three major gaming jurisdictions.
Hong Kong listed junket promoter, Rich Goldman Holdings, has announced the resignation of Executive Director So Wai Yin.
Shares in Macau's casino operators are likely to see continued improvement as traffic trends and gross gambling revenue performance improves, analysts at Deutsche Bank said.
Macau’s visitor tally for 2020 could see a year-on-year decline of over 90%, having already witnessed a decline of 87% in the first eight months, according to the Macau Government Tourism Organization.
Analysts hold mixed views as to whether China's plans to criminalize those jurisdictions luring its nationals to gamble will include Macau, with some concerned that the junkets at the very least might be in Beijing's crosshairs.
The Macau Government nine-month tax revenue from the gaming industry fell 72.7 percent from the same period a year ago to MOP23.4 billion. That's 46.8 percent of the amount the government had projected to collect.