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Macau casino tax revenue

Macau Casinos Account for 77% of Government Taxes in 2023

Macau casinos last year remained the Chinese Special Administrative Region's (SAR) primary tax source. Macau's Financial Services Bureau disclosed over the weekend that the...

Devin O'Connor March 4, 2024
Lawrence Ho Melco Resorts Macau

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...

Devin O'Connor March 2, 2024
Wynn Macau, bribery, Oh Luen, 吴联, Li Kin-wang

Macau Concessionaires’ Debt Reduction Slow Process, Says Fitch

Macau casino operators should benefit from rising gross gaming revenue (GGR) as tourism to the gaming enclave from mainland China increases. But the process...

Todd Shriber February 22, 2024