Lawrence Ho: Seasonality more than money exchange crackdown behind recent softness in Macau gaming market

Lawrence Ho confirms Melco has opened three foreigner-only gaming zones in Macau

Lawrence Ho: Seasonality more than money exchange crackdown behind recent softness in Macau gaming market

Wed 14 Aug 2024 at 05:37

Melco Resorts Chairman and CEO Lawrence Ho has played down the impact a recent crackdown by authorities on Macau’s illegal...

IAG announces Studio City’s Blind Tiger at W Hotel as Venue for Macau After Dark 24 on Thursday 29 August 2024

Macau mass, non-gaming drive further growth for Melco Resorts in 2Q24 as group operating revenues hit US$1.16 billion

by Ben Blaschke

Tue 13 Aug 2024 at 20:29

The post-COVID recovery continues for Macau’s Melco Resorts & Entertainment, with the company reporting total operating revenues of US$1.16 billion...

NagaCorp to recognize impairment of up to US$95 million on stalled Vladivostok IR project

by Ben Blaschke

Tue 13 Aug 2024 at 05:44

NagaCorp Ltd, operator of NagaWorld in the Cambodian capital of Phnom Penh, has revealed it will recognize an impairment of...

CLSA survey finds premium mass players now more prepared for multiple visits to Macau

Macau GGR said to have reached US$884 million in first 11 days of August

by Ben Blaschke

Tue 13 Aug 2024 at 05:42

Macau’s gaming operators generated gross gaming revenue of an estimated MOP$7.1 billion (US$884 million) over the first 11 days of...

Analysts warn new Macau law criminalizing illegal money exchange to cause short-term pain to gaming stocks

by Ben Blaschke

Tue 13 Aug 2024 at 05:37

A new law being discussed by Macau’s Legislative Assembly to criminalize illegal money exchange in the city’s casinos and integrated...