Gaming revenue in Macau surged 17.8 percent in February, after a three year drop, according to Macau’s Gaming Inspection and Coordination Bureau.
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Galaxy Entertainment Group (GEG) and SJM Holdings reported on Tuesday their 2016 results. According to a GEG statement to the Hong Kong Stock Exchange, the company recorded a full-year net profit attributable to shareholders (NPAS) of HK$6.3 billion.
Gross gaming receipts rose 3.1 per cent to MOP19.3 billion (USD2.4 billion), according to data released by Macau’s Gaming Inspection and Coordination Bureau on Wednesday.
A green light for casinos to operate in Japan is unlikely to have a significant impact on the gaming industry in Macau, Davis Fong Ka Chio, who heads the Institute for the Study of Commercial Gaming at the University of Macau (UM), said this week. Fong made the remarks in an interview on Wednesday in his office […]
Macau’s gaming revenue posted a 8.8 per cent increase in revenues to US$ 2.73 billion ( 21.8 billion patacas), according to Macau’s Gaming Inspection and Coordination Bureau.
Melco Crown Entertainment said in a statement on Thursday that its operating income for the third quarter was US$108.9 million, up 22 per cent year-on-year. The company’s net revenue between July and September rose 22 per cent year-on-year to US$1.15 billion, according to the statement. The increase in net revenue was primarily attributable to the […]
Macau posted an 8.8 per cent growth in gambling revenue in October, the third consecutive monthly rise, according to the Macau Gaming Inspection and Coordination Bureau (DICJ). Gaming revenue was MOP 21.8 billion (US$2.73 billion), government data showed on Tuesday. The growth reversed a 26-month fall of revenues of the 38 Macau casinos. In the first 9 months of […]
SJM Executive Director and Chief Administrative Officer Angela Leong On Kei said on Monday that about 30 gaming tables would be enough for the company’s Casino Jai Alai that is set to reopen by the end of the year. Leong made the comments while speaking to reporters on the sidelines of a business matching session […]
Lawmaker Dominic Sio Chi Wai said on Monday that he believed that the recovery of gaming revenues will help boost Macau’s imports. Sio made these remarks while speaking to reporters on the sidelines of the general meeting of the Macau Importers and Exporters Association on its premises in the city centre. Sio, who chairs the […]