The company attributed the performance to the continued recovery of the gaming sector and the opening of the second phase of Studio City.
Melco resorts
Macao’s six concessionaires have each been given a maximum number of operators they are allowed to work with, with Sands China and SJM allocated the most.
Proposals include hi-tech theme park, incubator centre to develop hi-tech innovation and shows by superstars like Aaron Kwok Fu-shing and Leon Lai Ming.
Malaysia-based GMM Limited makes last-minute submission; bidders for 10-year concession to present full proposals to authorities at weekend.
Galaxy, Melco, Wynn and MGM all promise time off to staff who accompany underage or senior relatives to get vaccinated against Covid-19.
Increase over January lifts GGR to MOP 7.7 billion, marginally up on February 2021.
Group reports good results with net revenues reaching HK$19.7 billion; hopes to open Phase 3 hotel and convention centre in Cotai by early 2023 latest.
Move comes as gaming industry gears up for new licence tenders later this year and increasing unease over possible legal liabilities.
Gaming operator looks to mass market for the future, with rival operation expected to follow suit.
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