Macau’s Tourist Price Index exceeds pre-pandemic levels in 2023 on higher hotel room rates

Macau’s May GGR run-rate already 31% higher than April levels: JP Morgan

Due to the increase in hotel room rates and clothing prices, the Tourist Price Index (TPI) for Macau in 2023...

Levo Chan lifts Macau Legend stake to 33.19% after offer, named Co-Chairman of the Board

Former Tak Chun Group boss Levo Chan sees prison sentence reduced but financial penalties increased by Macau court

by Pierce Chan

Fri 12 Jan 2024 at 03:59

Macau’s Court of Second Instance has reduced the prison sentence of former Tak Chun Group chairman Levo Chan by 12...

SJM sees profit, EBITDA rise in 3Q19 despite 13.3% fall in gross gaming revenue

SJM announces Special Discretionary Bonus for eligible staff

by Pierce Chan

Thu 11 Jan 2024 at 12:31

SJM Resorts, S.A. has announced it will distribute a Special Discretionary Bonus equivalent to one month’s salary to all eligible...

Macau International Airport to expand into Taipa Ferry Terminal as passenger numbers keep rising

Macau airport authority tipping passenger traffic to grow by up to 15% in 2024

by Pierce Chan

Wed 10 Jan 2024 at 14:59

Macau International Airport Company Limited (CAM) revealed Wednesday it expects passenger traffic at Macau International Airport (MIA) to increase by...

China state lotteries show second straight month of gains in August

Mainland China lottery sales fall slightly to US$7.1 billion in November

by Pierce Chan

Wed 10 Jan 2024 at 14:48

China’s lotteries recorded sales of RMB 50.5 billion (US$7.09 billion) in November, down 2.5% year-on-year according to information from the...