Macau
The Latest
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Tourism, Gambling Return To Macao But Concerns About City’s Recovery Hover
Even though tourists may be returning, Beijing wants the former Portuguese colony to diversify its economy away from casinos Even though tourists may be returning, Beijing wants the former Portuguese colony to diversify its economy away from casinos -
Macau To Close Down Casinos As Number Of COVID-19 Infections Increase
Macau's gaming business income has plunged 68% year-over-year in May. Macau's gaming business income has plunged 68% year-over-year in May. -
New COVID-19 Infections Force Macau To Close Down Businesses
Analysts predict that revenue from gambling will be close to zero for at least seven more days. Analysts predict that revenue from gambling will be close to zero for at least seven more days. -
Macau Casinos Lose $14 Billion As China Tightens Restriction
Premier businesses like Wynn Macau and Sands China have already seen heavy losses. Premier businesses like Wynn Macau and Sands China have already seen heavy losses. -
HKMA Announces $23 Billion Limit On Cross-Border Investments
Greater Bay Region residents will be able to make cross-border investments up to CNY1 million. Greater Bay Region residents will be able to make cross-border investments up to CNY1 million. -
Macao Hotels And Casinos See Uptick In Bookings For 'Golden Week' Holidays
According to Morgan Stanley of the 23 Macao hotels it tracks have been fully booked for the first week of October. According to Morgan Stanley of the 23 Macao hotels it tracks have been fully booked for the first week of October. -
Crapping Out: Galaxy Entertainment Takes HK$2.8 Billion Hit In Macau
Galaxy Entertainment Group blamed the poor perfomance on the impact of the coronavirus pandemic. Galaxy Entertainment Group blamed the poor perfomance on the impact of the coronavirus pandemic. -
Wynn Confident China Gamblers Will Return To Macau In The Second Half Of The Year
Wynn Resorts reported $351.6 million loss on revenues of $20.6 million only for its quarter ended June. Wynn Resorts reported $351.6 million loss on revenues of $20.6 million only for its quarter ended June. -
Macau Casinos Estimated To Shed Over $1 Billion In Revenues
Macau saw only 2,000 visitors a day this month, a small fraction of the 108,000 daily average visits last year. Macau saw only 2,000 visitors a day this month, a small fraction of the 108,000 daily average visits last year. -
Best Mart 360 To Move Ahead With Greater Bay Area And Macau Expansion
Best Mart 360 is reportedly testing the waters in the Guangdong region, where it plans to open new outlets. Best Mart 360 is reportedly testing the waters in the Guangdong region, where it plans to open new outlets.