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Melco Resorts’ Lawrence Ho: Company “Cut Too Deep,” Lost Macau Market Share
Melco Resorts founder, Chairman and CEO Lawrence Ho told investors this week that the casino company "cut too deep" regarding operational overhead amid its emergence from the COVID-19 pandemic in Macau. That led to market share losses in the Chinese...
March 2, 2024
— Macau Casinos Win $2.4B, Government Claims Gaming Crimes Down
February 1, 2024
— Atlantic City Ocean Casino Resort Loses COVID Insurance Relief Suit
January 25, 2024
— Most Read Coronavirus
Terrible’s Hotel Casino in Jean, Nevada, Could Become Industrial Park
February 15, 2022
— Macau Casinos Win $5.25B in 2022, Enclave Hopeful for 2023 Recovery
January 2, 2023
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Macau Government Forecasts 33M Visitors in 2024, About 84 Percent of 2019 Level
The Macau government expects tourism to further rebound this year to the Chinese enclave where casinos fuel the local economy. The Macau Government Tourism...
January 20, 2024
— Macau Gross Gaming Revenue to Return to 82% of 2019 Level: Analysts
Analysts focused on Macau are anticipating a second year of COVID-19 pandemic recovery after gaming rebounded 334% last year to reach about 63% of...
January 10, 2024
— Macau Offering Free Bus Rides From Hong Kong for Taiwan Visitors
January 2, 2024
— Macau Casinos Win $22.7B in 2023, Trigger Nongaming Investment Increase
January 1, 2024
— Christmas Delivers Macau Casinos Strong Visitation and Bookings
December 30, 2023
— Macau Casino Win Cools in November Following October Post-Pandemic High
December 1, 2023
— Macau Government Encourages Casino Operators to Increase Wages
November 24, 2023
— China Travel Booking Site Says Outbound Tourism Recovery Ongoing
November 23, 2023
— Macau Casinos Likely to Avoid Nongaming Spending Trigger This Year
November 16, 2023
— Macau Casinos ‘Booming,’ MGM China to Renovate Resort Guest Rooms
November 9, 2023
— Macau Casinos Enjoy Best Month Since Pandemic, October Win Tops $2.4B
In October, Macau casinos experienced their best month since the COVID-19 pandemic, as gross gaming revenue (GGR) reached MOP19.5 billion (US$2.42 billion). The October...
November 1, 2023
— September Storm Rattles Macau, Gaming Revenue Drops 13 Percent
October 1, 2023
— Macau Casino Operators Can Pare Debt to Pre-Pandemic Levels by 2027
September 17, 2023
— Macau Casinos Could Soon Be on the Hook for More Nongaming Spending
September 9, 2023
— Macau Mass, Premium Mass GGR Flirting with Pre-COVID Highs
September 4, 2023
— China Economic Woes Not Yet Weighing on Macau
August 23, 2023
— Macau Ranks Fourth Among Cities Where Tourists Spend Most
May 31, 2023
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