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Wynn Resorts operating revenues down 58.5% in Q4
Wynn Resorts has published its fourth quarter 2020 and full year financial results, headlined by a 58.5 percent year-on-year decrease in operating revenues. Operating revenues came to a total of US$686 million for the quarter. Net losses attributable to the company were US$269.5 million. Matt...
Macau January GGR performance better than expected
Macau’s gross gambling revenue dropped 63.7 percent in January, better than analysts had been expecting after renewed Covid-19 clusters on Mainland China slowed visitation later in the month. Gross gambling revenue totalled MOP8.02 billion ($1.0 billion), according to figures released by the...
World casino capital reopens
Macau, a district with the world's busiest casinos, began re-issuing tourist visas as it attempted to recover from Covid-19. Macau officials said they will proceed with the issuance of tourist visa from today to take visitors back to the district's casinos. Personal and group tours from...
Macau casino open for players
Macau is making every effort to revive the post-Covid economy Macau began to bustle again as more residents with vouchers from the government began shopping and major casinos in the city were waiting for the return of gamblers. To boost the economy's rapid recovery, the region will release 2.2...
GDP of 'Macau casino capital' falls by 50%
Lockdown measures to contain the Covid-19 epidemic have had a major impact on macau's casino, hotel and tourism business. Macau's statistics agency recently said the region's GDP in the first quarter of this year fell by 48.7 percent, the fifth consecutive quarter of GDP plunge. In...
Before Covid-19, how luxurious were macau casinos?
The hotel and casino complexes in the "Asian casino center" are designed and built massively, luxuriously with many high-class services. Grand Lisboa is a hotel and casino complex, located at 2-4 Avenida de Lisboa. This is the property of the gambling business Sociedade de Turismo e...most popular
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Macau casinos too reliant on imported gaming equipment, lawmaker says
The Government Office has just announced the conclusion of Deputy Prime Minister Truong Hoa Binh about the meeting with leaders of Quang Ninh province on August 31. Regarding the investment policy of the high-end resort and entertainment complex project with casino in Van Don economic zone, the...