Macau government says 5% tax on junket commissions here to stay

Macau GGR falls 70.5% year-on-year in November to MOP$6.75 billion, slightly down versus October

The Macao SAR Government has told a junket lobby group that it will not abolish a 5% tax charged on ...

Macau government said to have reached consensus with bidders for combined US$12.5 billion investment during new 10-year concession period

Mass baccarat contributed 59% of Macau-wide GGR in 1Q23

18/04/2023

Mass market baccarat continues to dominate the Macau gaming landscape, with figures published by the Gaming Inspection and Coordination Bureau ...

Kazuo Okada group says “business as usual” at Okada Manila, denies takeover was forceful

Okada Manila maintains positive momentum in 1Q23 as GGR climbs to US$209 million

by Ben Blaschke

13/04/2023

Philippines integrated resort Okada Manila has continued its strong recovery trajectory into 2023, with gross gaming revenue reaching Php11.6 billion ...

Only eight of Macau’s 36 licensed junkets operational, says industry rep

by Newsdesk

03/03/2023

Only eight Macau junkets are currently operating, despite the Macau government having issued 36 junket licenses in January, according to ...

Direct VIP playing key role in Macau recovery following demise of junkets: JP Morgan

by Ben Blaschke

02/03/2023

Macau’s VIP market is showing strong signs of recovery through the opening months of 2023, with Direct VIP stepping up ...

Tag: VIP