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MGM CEO: Las Vegas properties well positioned in “golden triangle of sports”

September 7, 2023 - MGM Resorts CEO and President Bill Hornbuckle said the company’s Las Vegas casino-resorts are in the garden spot to benefit from events at Allegiant Stadium, T-Mobile Arena, and the planned... Read more »

Wynn appoints Paul Liu to board of directors

August 8, 2023 - Wynn Resort Monday announced the appointment of Paul Liu to its board of directors.  Liu will be an independent director and a Class I member of the board. His appointment... Read more »

Lunar New Year tourism hopes fizzle as Chinese stay home

January 19, 2023 - BANGKOK (AP) – A hoped-for boom in Chinese tourism in Asia over next week’s Lunar New Year holidays looks set to be more of a blip as most travelers opt... Read more »

Focus on Asia: Predicting China’s COVID-zero end a fool’s game

November 1, 2022 - As the saying goes, “Fool me once, shame on you; fool me twice, shame on me.” It’s a mantra many geopolitical and industry experts might want to consider in the... Read more »

New Macau policy cheers Wall Street

September 26, 2022 - Stocks of four publicly traded Macau casino concessionaires trended sharply upward on the Dow Jones and Nasdaq this morning upon news that the Macanese government was lifting travel restrictions to... Read more »

Macau says mainland China tour groups set to resume in November

September 24, 2022 - Macau plans to welcome back tour groups from mainland China as soon as November, giving a boost to its tourism-dependent economy, which has been hammered by a slump in visitors... Read more »

China’s Covid lockdowns, slowing economy, political tensions set back U.S. movie, concert, and casino businesses

August 24, 2022 - Hollywood studio executives charged with projecting global box-office revenues are putting $0 in the China column. Baccarat tables in Macau sit empty. Singers skip Shanghai concert halls on tour. American... Read more »

AGS GameON: Fewer choices for U.S. shoppers becoming a fact of life

June 9, 2022 - Americans will have to put up with fewer shopping choices than usual at the supermarket and other retailers “for the foreseeable future,” according to Geoff Freeman,  former head of the... Read more »

Macau records April GGR of US$335M, worst in 19 months due to COVID outbreaks, lockdowns in China

May 1, 2022 - Macau recorded gross gaming revenue of MOP$2.68 billion (US$335 million) in April, down 68.1% year-on-year and 27.1% lower than March – itself a record low for 18 months – according... Read more »

Hong Kong stocks log five-day winning run while Macau casino operators and tech names slide

December 28, 2021 - Hong Kong stocks rose for a fifth day as trading resumed after a market holiday, joining upbeat regional markets, on optimism the global economy can counter the Omicron threat. Macau... Read more »