Gaming

Macao casinos’ GGR for June drops by 97%

Macao casino's Gross Gaming Revenue (GGR) for June dropped 97% year-on-year.

1 Jul, 2020

Sands says it’s reducing staff, Londoner hotel and casino ready in September

Sands China President said that the US gaming operators has been reducing its number of employees by not renewing the employment contracts of some of them when they expire.

30 Jun, 2020

Angela Leong clarifies son’s situation

SJM executive-cum-lawmaker Angela Leong On Kei clarified the situation of one of her five children in a Chinese-language statement published in Macao on Sunday.

29 Jun, 2020

Stanley Ho memorial & funeral to be held in Hong Kong on July 9–10

The funeral of Macao gaming magnate Stanley Ho Hung Sun will be held in Hong Kong on July 10.

28 Jun, 2020

Wilfred Wong to lead Sands China until 2024

The President of Sands China, Wilfred Wong, will remain in his position until February 20, 2024, a year more than the term initially approved by the gaming operator’s board.

23 Jun, 2020

Wynn announces US$743 million net proceeds from senior notes

Wynn Macau announced on Sunday that the net proceeds from the offering of its 5.500 per cent senior notes due 2026 will be approximately US$743.1 million (MOP 5.93 billion) after deducting the discounts and commissions of the initial purchasers and estimated expenses payable by the company.

15 Jun, 2020

New gaming inspection chief sworn in

Adriano Marques Ho was sworn in on Wednesday as the new director of the Gaming Inspection and Coordination Bureau (DICJ). 

11 Jun, 2020

Louis Ng ends role as COO of SJM

Louis Ng Chi Sing is no longer the chief operating officer (COO) of gaming operator SJM S.A.

10 Jun, 2020

MGM holds seminar on ‘Spirit of Two Sessions’

MGM held a one-day seminar on Monday for its staff members on the "Spirit of the Two Sessions”, the American gaming operator said in a statement.

9 Jun, 2020

Gaming tax receipts fall 56% in Jan–May

The government's income from gross gaming revenue taxes fell 56.5% year-on-year to MOP 21.0 billion (US$2.6 billion).

8 Jun, 2020

Stanley Ho’s daughter Deborah files caveat over his estate

Deborah Ho Chiu Hung, one of the 16 children of gaming magnate Stanley Ho Hung Sun, who passed away, has filed a caveat to bar dealings in his estate without notifying her lawyers.

6 Jun, 2020

Sands expects US$1.48 billion net proceeds from senior notes issue

Sands China said today it estimates that the net proceeds from the offering of senior notes will be about US$1.48 billion (MOP 11.8 billion) and that it intends to use the net proceeds for incremental liquidity and general corporate purposes.

3 Jun, 2020

Sands Chairman Adelson ‘saddened’ by passing of Dr. Stanley Ho

Sands Chairman and Chief Executive Officer Sheldon G. Adelson and his wife Miriam have been saddened by the passing of Macao gaming magnate Dr. Stanley Ho Hung Sun last week.

2 Jun, 2020

Macao gaming revenue falls 93% in May

Macao's gross revenue from games of chance fell 93.2 per cent year-on-year to MOP 1.76 billion (US$221 million) last month, the Gaming Inspection and Coordination Bureau (DICJ) announced today.

1 Jun, 2020

Macau casino magnate Stanley Ho dies at 98 in Hong Kong hospital

Macau gaming magnate Stanley Ho Hung Sun passed away in Hong Kong at the age of 98 today, his family announced outside Hong Kong Sanatorium and Hospital. 

26 May, 2020

Macau gambling king Stanley Ho dies aged 98

Stanley Ho Hung-sun, chairman of Shun Tak Holdings, has died today at age 98.

26 May, 2020

Sands China to invest MOP 17.5 billion in 2020 and 2021

Sands China will maintain its plans for the near future and promises to invest MOP 17.5 billion (US$2.2 billion) between this year and the next.

22 May, 2020

Melco reports US$149.9 million operating loss for Q1

Gaming operator Melco Resorts & Entertainment Limited reported on Wednesday an operating loss of US$149.9 million for the first quarter of this year, compared with operating income of US$191.1 million in the same quarter of last year.

14 May, 2020

Galaxy net revenue falls 61% in Q1

Galaxy Entertainment Group (GEG) said in a statement to the Hong Kong Stock Exchange on Wednesday that its net revenue fell 61% both year-on-year and quarter-on-quarter to HK$5.1 billion in the first quarter.

14 May, 2020

Adelson ‘gives up’ on Japan casino project

US gaming mogul Sheldon Adelson’s Las Vegas Sands has given up on its US$10 billion casino project in Japan, Fox Business reported on Tuesday.

14 May, 2020