The Macau casino sector faces challenges from a weakening Chinese yuan, impacting tourism and gaming activities.
Casino revenues in Macau surged by nearly a quarter in 2024, driven by post-pandemic recovery and a pivot toward mass-market ...
MOST licensed casino operators in the Philippines are registering lower gaming revenues owing to the sluggish arrivals of Chinese tourists, previously the bread and butter of VIP junket operators.
The struggling casino operator could fall into administration within months. New disclosures show Wang Xing Chun has been ...
Casino revenues in Macau, the world's biggest gambling hub, soared by nearly a quarter in 2024 but still came in short of pre ...
In many ways, Macau needs China. It has little space to build new industries and housing, and its government derives most of its revenues from one industry — casinos. Its freshwater supply comes ...
Macau casinos posted a 2% decrease in revenue in December. The dip has been linked to a three-day visit by Chinese president ...
A factor during the month was Chinese President Xi Jinping’s visit to Macau, which analysts think held back casino traffic ... Under the original agreement, China promised that its political ...
Macau’s casino industry could return to pre-Covid levels by 2026, buoyed by more visitors and a stronger economy.
Macau’s gaming revenue fell 2% in December, missing analysts’ expectations as scrutiny over gambling activities tightened ...
Macau, China — In the shadow of the Grand Lisboa, the Macau casino world-famous for its “golden lotus” design, fashion boutique owner Suzanne Leong wonders if the economic miracle that ...
Melco Resorts & Entertainment has also stepped forward with an announcement of a one-month discretionary bonus for its ...