Archive

_2020-01-31
Looking at the Chinese New Year visitation figures for Macau, it’s difficult not to be pessimistic about the near-term outlook for gaming in Asia, though analysts say underlying demand remains strong and there is likely to be a snap back once the situation...

_2020-01-23
Gaming analysts are scrambling to estimate the economic impact as the Wuhan coronavirus crisis escalates and all public celebrations of Chinese New Ye

_2019-02-11
Strong visitation during the Chinese New Year holidays does not have appeared to have given a significant boost to gross gambling revenue, according to Bernstein Research, citing channel checks.

_2019-02-11
Visitors to Macau reached a total of 842,574 during the first five days of the Golden Week holidays, representing a 26.7 percent increase from the pre

_2019-01-24
Macau casino operator, Melco Resorts says it is expecting business to be booming during the lunar new year holiday next month and has downplayed negat

_2018-02-19
Gross gambling revenue over the Chinese New Year period was disappointing, despite higher visitation to Macau, according to Bernstein analysis. Accord

_2018-01-31
Macau is expected to see a slight increase in visitors during the Lunar New Year period, said MGTO head Maria Helena de Senna Fernandes on Wednesday,

_2018-01-24
MGM China stock dropped more than 7 percent in Hong Kong trading on Thursday after the company announced a further delay to the opening of its new IR

_2017-03-05
The Ministry of Finance reported January lottery sales in Mainland China fell by 10.7 percent year on year to a total of RMB 29.2 billion ($4.23 billi

_2017-02-06
Macau recorded a strong start to February, raking in MOP 6.3 billion in the first week of the month (Feb 1-5), anoted Bernstein on Monday.  The week

_2017-02-06
This year’s Chinese New Year holiday period saw a 9.9 percent increase in visitors compared to the year before, according to the Macau Government To

_2017-01-24
Macau will likely see a rise in hotel occupancy and visitor arrivals over the coming Chinese New Year holiday, says Chan Chi Kit, president of the Mac

_2017-01-23
Gross gaming revenue in Macau continued to slow down over the last week (Jan 16 to 22), with ADR of MOP 528 million, said Bernstein in a note on Monda

_2017-01-08
Macau has posted a particularly strong start to the new year, reporting a ADR of MOP 715 million, a 31 percent increase over December’s ADR, said Be

_2016-02-22
Macau Secretary for Economy and Finance, Leong Vai Tac has stood behind the MOP 200 billion forecast for casino gaming revenue in 2016, saying it was

_2016-02-17
Success Universe Group Limited deputy chairman Hoffman Ma Ho Man claimed 90 percent of the hotel rooms at Sofitel Macau at Ponte 16 were occupied duri

_2016-02-16
At least 30 employees at Resorts World Sentosa (RWS) in Singapore have been let go over the Chinese New Year period, according to local media. Grant G

_2016-02-16
Competition for hotel customers in Asia’s gambling hub is heating up now that the Lunar New Year holidays are over, according to local media. Macau

_2016-02-16
Louis XIII Holdings Limited, whose new luxury property is scheduled to open in Macau in late summer, says it will pay a Chinese New Year bonus for all