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China bans gambling content from gaming machines

The Ministry of Culture and Tourism has issued a regulation to eliminate gambling content from gaming machines and devices, according to a report from Xinhua.

Pansy Ho reduces stake in MGM Resorts

MGM China co-chairperson Pansy Ho has reduced her stake in the company’s U.S. parent, MGM Resorts international, bringing her stake in the company to...

Macau Q4 more challenged than expected: Nomura

Softer VIP volumes in November and tighter security measures during the Chinese President’s visit to Macau in December will weigh on Macau GGR in...

Gaming industry produces more than half of Macau’s GDP

The Statistics and Census Bureau (DSEC) announced on Wednesday that gaming and junket businesses now produced 50.5 percent of Macau gross domestic product (GDP) at producers’ prices.

Clean energy forum held in Macau

The 8th International Forum on Clean Energy (IFCE) was held in Macau on Wednesday, bringing together over two hundred representatives from government, industry, and academia from around the world to discuss about the green development of the Guangdong-Hong Kong-Macao Greater Bay Area.

Wynn Macau to benefit most from rising premium mass

Wynn Macau is likely to benefit more than other operators when it comes to the growth of the premium mass sector in Macau, according...

Chinese tourist growth slowed by HK protests

The explosive growth of Chinese outbound tourist travel saw a slow down in 19Q3, which analysts said have been the result of ongoing civil...

MGM Cotai named the “world’s best new skyscraper”

MGM Cotai has been named by Emporis Skyscraper Awards as the “world's best new skyscraper” for 2018. It is the first building in Macau to have been given this honor.

Incoming Macau chief warns against overreliance on gaming sector

Chief Executive-designate Ho Iat Seng has told state broadcaster China Central Television that it is it is “unhealthy and unsustainable” if Macau tries to develop itself on the basis of a single industry.

Bernstein lowers November GGR estimates

Analysts from Bernstein have lowered their estimates for Macau’s November GGR, driven by more than a 30 percent decline in VIP volume. In a Tuesday...

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POGOs to resist political pressures

With the win from China-facing igaming operations forecast to hit $33 billion in 2019, the Philippines has little incentive to curb activities of POGOs.

Hokkaido governor nears decision on IR bid

Hokkaido Governor Naomichi Suzuki is nearing his decision on whether or not to pursue an IR bid at Tomakomai city, but even conservative political forces are having difficulty uniting behind a pro-IR policy.

POGO crackdown has produced $25 million in extra tax revenues

Finance Secretary Carlos Dominguez has declared that the task force led by the Bureau of Internal Revenue (BIR) has wrung an additional PHP1.2 billion (about $25 million) in tax revenues from a delinquent POGO that was temporarily shut down in September.

AgTech to supply lottery terminals in Zhejiang and Henan

AGTech Holdings Limited reported to the Hong Kong Stock Exchange on Thursday that one of its wholly-owned subsidiaries had won the lottery terminals procurement tenders to supply lottery terminals to the Sports Lottery Administration Centers in Zhejiang province and Henan province.

Pansy Ho reduces stake in MGM Resorts

MGM China co-chairperson Pansy Ho has reduced her stake in the company’s U.S. parent, MGM Resorts international, bringing her stake in the company to...