Tag Archives: Macau

Macau gaming revenue falls to $374 million in November, three times lower than Nevada levels

macau-gaming-revenue-falls-to-$374-million-in-november,-three-times-lower-than-nevada-levels

Macau’s Gaming Inspection and Coordination Bureau (DICJ) informed that the region’s casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November to mark the industry’s 55.6% lower gross revenue in comparison with the same period last year. In November, Macau’s casino industry also experienced a 23.1% downfall in revenue levels to those seen […]

Former Suncity Group boss tells of Macau’s rife ‘side betting’ culture

former-suncity-group-boss-tells-of-macau’s-rife-‘side-betting’-culture

Facebook In Macau and the former boss of local junket operator Suncity Group has reportedly asserted that every one of the enclave’s licensed VIP gambling lounges had offered some form of illicit ‘side betting’. According to a report from Inside Asian Gaming, the contention from Alvin Chau Cheok Wa (pictured) came as part of the […]

Macau posts second-week aggregated gross gaming revenues rise

macau-posts-second-week-aggregated-gross-gaming-revenues-rise

Twitter The almost 40 casinos in Macau reportedly managed to rack up some $11.3 million in aggregated gross gaming revenues for the seven days from September 4 despite the continuing presence of coronavirus-related travel restrictions. According to a report from Asia Gaming Brief citing information from prominent Asian brokerage firm Sanford C Bernstein Limited, this […]

MGM China Holdings Limited chalks up depressed first-quarter financials

mgm-china-holdings-limited-chalks-up-depressed-first-quarter-financials

Facebook Macau casino operator MGM China Holdings Limited has released its unaudited first-quarter financial results showing that its aggregated revenues dropped by 9% year-on-year to approximately $267.57 million. The Hong Kong-listed firm used an official Monday filing to detail that this decline came as market-wide first-quarter gross gaming revenues in Macau plummeted by 25% year-on-year […]

Macau casino operators experience aggregated share price slump

macau-casino-operators-experience-aggregated-share-price-slump

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