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Horse racing in China’s gaming hub of Macau to end in April, after more than 40 years

January 16, 2024 - HONG KONG (AP) — The government in China’s gambling hub of Macao said Monday that after more than 40 years, there will be no more horse racing in the city... Read more »

Macau, the world’s biggest gambling hub, needs a ‘completely new perspective,’ says MGM China’s Pansy Ho

December 6, 2023 - Macau doesn’t want to be known as just the world’s biggest gambling hub. The Chinese city is the only place in the Asian country where casino gambling is legal. In... Read more »

Bond investors turn from China property to Macau casinos

November 16, 2023 - Macao casino operators are attracting bond market attention. Although these companies generally issue low-rated, “high yield” bonds, they have regained creditworthiness as the Chinese administrative region’s tourist numbers recover. The... Read more »

Macau casino stocks tumble on weak earnings, China headwinds

November 10, 2023 - Macau casino stocks sank the most since March 2022, led by slump in Wynn Macau Ltd., as disappointing earnings cast doubts over the pace of recovery in the world’s largest... Read more »

Sands China hails better customer mix as Macau margins continue to rise

October 19, 2023 - Sands China says it is already seeing much higher margins in its Macau business, with the trend expected to continue in the months and years ahead as visitation levels recover.... Read more »

MGM China to remodel its Macau integrated resorts to add more MICE and arts space

August 30, 2023 - MGM China Co-Chairperson and Executive Director Pansy Ho has revealed the company will develop new MICE and art space at its Macau resorts, MGM Macau and MGM Cotai, as part... Read more »

Sands China promotes Macau tourism and MICE via three-day ‘The Macao Showcase’ at Marina Bay Sands in Singapore

June 8, 2023 - Macau concessionaire Sands China has launched a three-day event called “The Macao Showcase” at sister property Marina Bay Sands in Singapore. Running until Friday, The Macao Showcase aims to promote... Read more »

Macau’s mass GGR reached 70% of pre-COVID levels in March, aided by further China reopening: analysts

April 4, 2023 - Macau’s mass gaming revenues recovered to better than 70% of pre-COVID levels by the end of March, reflecting a further relaxing of travel impediments for mainland Chinese visitors as industry-wide... Read more »

MGM China, MGM Resorts to establish global marketing offices to increase international visitation to Macau casinos

April 2, 2023 - Macau gaming concessionaire MGM China has inked a new agreement with its majority shareholder, MGM Resorts International, under which the latter will be tasked with helping source more international customers... Read more »

MGM China could be first Macau operator to reach pre-COVID mass revenue in 1Q23: Morgan Stanley

March 15, 2023 - MGM China is on track to become the first of Macau’s concessionaires to see mass gaming revenues reach 100% of their pre-COVID levels this quarter, according to the latest industry... Read more »