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U.S.-China tensions a heightening threat to foreign firms in Macau

2020-06-08

The steep deterioration in US-China tensions, coupled with the coronavirus outbreak poses serious threats to foreign firms involved in the Macau gamin

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Govt to ignore gaming equipment reversion clause

2019-11-27

The Macau government is set to ignore a clause in the concession contract of SJM and MGM, which requires the companies to hand over casino and gaming

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Macau to safeguard tourism, gaming industry: Ho Iat Seng

2019-09-13

Macau chief executive-elect, Ho Iat Seng promised to safeguard Macau’s gaming and tourism industries, during a press briefing in Beijing.  Ho wa

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U.S. operator’s concessions should be safe from trade war: Bernstein

2019-06-26

Heightening tension from the U.S.-China trade war has renewed concerns of U.S. casino operators in Macau losing their licenses.  However, accordin

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Stability the watchword for Macau re-tendering process

2019-05-23

As Macau moves toward its 2022 re-tendering process for its six IR concessionaires, "stability" will likely the watchword for the government policy, a

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Public tender process likely in 2021: Professor

2019-05-13

Macau gaming law professor Jorge Godhino says the public tender for gaming concessions will likely be held in 2021, Macau News Agency reports. On

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Macau Legend positioning for gaming concessionaire: reports

2019-02-15

Macau Legend Development Ltd. said it will try “its best” to apply for a gaming concessionaire license come renewal period, Macau Business reports

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SJM “looking forward” to gaming license continuation

2019-02-11

Macau casino operator SJM Holdings is “looking forward” to the continuation of its gaming license, which is due to expire next year, so said SJM c

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Geopolitical risks ahead for US casino ops in Macau: Vickers

2019-01-11

Macau’s gaming concessionaires face increased geopolitical risks in 2019, said Steve Vickers, a Hong Kong-based international risk expert in a repor

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SJM consultant says additional concessions unlikely

2018-10-26

Former SJM Holdings executive director Rui Cunha on Thursday said that he believes there won’t be “space” for more than six gaming concessions c

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Operators working to attract non-gamers ahead of renewals

2018-10-09

Pansy Ho Chiu King, co-chairperson and executive director of MGM China says that Macau operators have been “collectively positioning” themselves t

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US-China trade war bad news for Macau casinos

2018-07-10

Any trade war between the US and China could have implications for Macau casino companies, which, according to Steve Vickers and Associates (SVA), sit

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Melco’s meta-Morpheus

2018-05-04

Melco Resorts and Entertainment exited one of gaming’s most successful joint ventures early last year, putting it in a position to reap the full pot

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Govt should link concessions to non-gaming: Tourism expert

2018-04-18

Glenn McCartney, professor at the University of Macau says that tourism development should become a key criteria in the upcoming race for gaming conce

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MJC horse racing concession extends to 2042

2018-02-26

The Macau government on Wednesday agreed to extend the horse racing concession of the Macau Jockey Club for 24 years and six months, according to Maca

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Wynn confident of Macau license renewal

2018-01-23

Casino magnate Steve Wynn, head of Wynn Resorts, said he is confident that his casino business in Macau will continue after the expiration of casino c

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RGB expecting double digit net profit growth in FY17

2018-01-07

Electronic gaming machine supplier RGB International Bhd says it is expecting its turnover to increase by RM50 million this year as a result of a numb

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Govt looks to amend terms for concession renewal

2017-07-09

The Macau government is looking at the possibility of amending the terms and conditions relating to the refreshment of gaming rights for Macau’s cur

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MJC confident in pursuit of license renewal

2017-05-23

The Macau Jockey Club says it intends to pursue the government for a concession renewal of more than just two years, Macau TDM reports. While Macau Jo

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