macau

Genting Group bid for the Macau gaming concession

September 15, 2022

The company that is linked to Genting Group Chairman and CEO Lim Kok Thay has been revealed as a surprise seventh bidder for a Macau gaming concession.

Macau will open its borders to foreigners

September 5, 2022

Macau Government officially reopened its border to foreign visitors from 41 countries last Thursday, with the Health Bureau explaining that this was the first phase plan for Macau to welcome the rest of the world.

G2E Asia announced plans for a 2022 edition

October 21, 2021

But Reed Exhibitions announced plans for a 2022 edition, to be held from August 30 to September 1, 2022, at the usual venue, Cotai Expo at the Venetian Macao.

Macau double up the number of gaming inspectors

June 24, 2021

The executive council that advises Macau’s chief executive announced proposals to boost the number of inspectors to 459 from 192 now, as well as creating a new director-level post at the regulator.

G2E Asia 2021 postponed to end of the year

May 24, 2021

Global Gaming Expo (G2E) Asia, a casino industry trade fair and conference that prior to the Covid-19 pandemic had been held annually in Macau since 2007, is to push back for a second time the date of the 2021 edition.

Macau going to push international sports next year

November 25, 2020

Macau is determined to become known as a world leader in diverse tourism and it is starting with what could be the only global industry that rivals gambling in popularity. Beginning next year.

Tak Chun Junket Boss purchase stake in Macau Legend

September 22, 2020

Perfect Achiever is owned by Chan Weng Lin, the CEO of the Tak Chun Group junket. Tuesday’s release stated that Chan previously held a 0.1% share in Macau Legend, putting his total current holdings in the company at 20.75%.

PokerStars exiting China, Taiwan, and Macau

September 3, 2020

A user on the 2+2 online poker forum posted a screenshot of a message from Stars Support informing one of its customers that “as of 1st of September we’ll be exiting China, Taiwan and Macau.”

Stanley Ho – King of Gambling passes away

May 27, 2020

The 98-year-old will forever be remembered for his gaming monopoly in Macau under Sociedade de Turismo e Diversões de Macau (STDM) exclusive concession until 2001 and seen as the godfather of gambling in Macau, Ho lived a colourful personal life and left his mark as being the man who dominated the city’s casino empire for four decades.

Melco Macau Based Casino is in trouble

April 10, 2020

The stock has underperformed the market with a 47% decline year-to-date compared to a 16% decline in the S&P 500. Melco is set to continue underperforming the market as mainland China imposes strict travel measures, this time including visitors entering its borders from special administrative regions like Macau and Hong Kong.