Of course, perspective matters. Even with this comeback, Macau’s 2025 earnings reached about 84.6% of what the city pulled in during 2019, the last full year before COVID-19 disrupted everything. That ...
Authorities in Macao now seem to be aligning with official strategy on China’s mainland, where foreign companies are required to help pay for the ruling Communist Party’s development ambitions. Losing ...
Investors continued a cautious return to riskier assets, sending bitcoin and other cryptos higher for a second consecutive day. But how long the mini-surge lasts remains to be seen. The largest ...
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All 41 of Macau's casinos are up for license renewals, due September 14. At pre-pandemic levels, Macau's $36 billion gaming revenue accounted for 70-80% of the annual GDP. The extension of the ...
Borgata Hotel Casino & Spa unveiled a gaming space to rival casinos in Macau and Singapore. With the worldwide casino and gambling market set to grow by $132.17 billion between 2024 and 2028, hotels ...
Casinos in Macao in March reported their highest gross gaming revenue since January 2020 when the COVID-19 pandemic first began affecting travel and tourism in Asia. A New York-based industry analyst ...
HONG KONG, Feb 23 (Reuters) - Chinese tourists are returning to Macau in hordes after Beijing lifted its restrictions on travel to the world's biggest gambling hub, lifting stocks and bonds of casino ...
HONG KONG, Sept 26 (Reuters) - Shares in Macau casino operators soared up to 13% on Monday after the city's leader said China would resume an e-visa scheme for mainland travellers and permit group ...
Hold rating on Las Vegas Sands: strong margins and BBB- credit, but Asia macro risks and leverage cloud outlook. Click here ...
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