Las Vegas Sands saw its revenue increase by 16.7 percent to US$3.58 billion in the three months to 31 December 2018, including a 17 percent increase from its Macau operations to US$2.16 billion.
Business
MGM China recorded total revenue of HK$4.7billion in the first quarter, a year-on-year growth of 26 percent, the US gaming company said in a statement Thursday.
Wynn Resorts Ltd.’s financial results for the first quarter of 2018 show that its operating revenue rose more than 20 percent over the same quarter in 2017 to US$1.72 billion (MOP13.87 billion).
There are over 8,000 mobile payment terminals set up in shops in Macau, Economic Services (DSE) Director Tai Kin Ip said Tuesday, pointing out that as e-payments are rising fast in the city, the government is studying the possibility of supporting small business owners planning to install the required equipment.
The Judiciary Police (PJ) urged the public Thursday to be wary of suspected cryptocurrency investment frauds.
Stanley Ho Hung Sun will step down from his flagship casino company SJM Holdings, the company said Thursday, as the 96-year-old mogul hands over the reins to his daughter Daisy.
The fund has a duration of 12 years, with Leong explaining that after seven years, it will recalculate the average investment return rate per annum.
The airport’s total income rose 9.6 percent to MOP 4.95 billion last year. CAM’s total income reached MOP 1.4 billion, up 5.5 percent, according to the statement.
Gross casino gaming revenues in Macau rose by 22.2% in March to 25.950 billion patacas (US$3.244 billion), according to the Macau Games Inspection and Coordination Bureau (DICJ).