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GGRAsia - Macau govt sets up committee for gaming tender.
Macau Casino Entry Procedures Expand to Include COVID-19 Tests.
Casino News: CalvinA.
Macau casino stocks soar after China eases COVID quarantine rules.
Macau keeps casino licences limited to six, halves duration.
Macau casino stocks all suffered losses on news of a new Covid-19.
Macau Casino Bidding Period to Commence July 29.
Macau casino stocks plunge as gov't kicks off consultation.
Macau Casino Stocks Plunge as China Covid Spike Tightens Rules.
Macau casinos reopen at 50% staff levels after two-week shutdown, but.
Macau Readies to Enter COVID-19 'Consolidation Phase'.
Casinos' future entails lower profits - analysts | Macau Business.
Casino news | Covid outbreak threatens Macau casinos.
Macau extends COVID shutdown of city, casinos stay open.

GGRAsia - Macau govt sets up committee for gaming tender.

Macau's casino floors are beginning to recover but remain far below pre-pandemic levels. The city's Gaming Inspection and Coordination Bureau reported gross gaming revenue (GGR) surged 528% year. Macau casino stocks have plummeted on the Hong Kong Stock Exchange, pictured, after a sudden spike of COVID cases in mainland China and Hong Kong, with SJM Holdings fairing the worst. (Image: The. July 28, 2022, 12:43 AM · 2 min read. (Updates throughout with detail on bidding process) HONG KONG, July 28 (Reuters) - Macau's government said on Thursday global gaming operators can submit.

Macau Casino Entry Procedures Expand to Include COVID-19 Tests.

This year, it seems that things are not going to be as usual, as the government has reported new cases of COVID-19 contamination. As a result, the population has been forced to reduce travel in order to limit the risk of contagion. These waves of cancellations will undoubtedly have a significant impact on the future of Macau City's casinos.

Casino News: CalvinA.

Big U.S. casino stocks this week tanked on news that Chinese officials would increase regulatory scrutiny in Macau. The companies with the largest operations there — Las Vegas Sands LVS and WYNN.

Macau casino stocks soar after China eases COVID quarantine rules.

July 28, 2022, 5:30 am ·. Macau casinos were given the green light to open again at Midnight on Saturday under half-staffing rules and continued ingress and egress restrictions for the city. At the same time, a new version of the former Portuguese enclave may be created – a Macau devoid of colonial history, the mad violence of the.

Macau keeps casino licences limited to six, halves duration.

Macau casinos remain shuttered on the local government's orders through at least this Saturday, July 23. When they might be permitted to reopen is unclear. Macau's typically bustling street markets. Macau was the world’s richest gaming market prior to the COVID-19 pandemic. With casinos again tightening access, revenue projections will further decline for. Casino operators must increase the amount of capital to 5 billion patacas ($623.67 million) from 200 million patacas and increase the requirement for a Macau based director of the company to hold.

Macau casino stocks all suffered losses on news of a new Covid-19.

The Casino lockdown comes amid two days of mass testing of more than 600,000 people. (Reuters: John Mak) A hotel and casino resort in the world's biggest gambling hub of Macau has been locked down. Macau has opted to keep its gaming market capped at six casino operators. But nothing is stopping another global casino giant from bidding for one of the coveted certificates. However, with the.

Macau Casino Bidding Period to Commence July 29.

News. September 15, 2021, 10:07 am ·. The government of Macau announced on Tuesday a surprise review of the city's gambling law sending shock waves to the stock market and wiping more than $18 billion off the value of locally licensed casino operators. Macau Secretary for Economy and Finance Lei Wai Nong on Tuesday announced that a 45-day.

Macau casino stocks plunge as gov't kicks off consultation.

News. June 21, 2022, 12:33 pm ·. While Macau casinos technically remain open, most of the workers have been asked to stay home while the government continues mass testing of all residents that began on Sunday and will continue through today with the last tests for roughly 600,000 people. Casino shares on the stock exchange tumbled on Monday. Nov 29, 2021 · Macau’s casino industry is under scrutiny again with the arrest of the head of the world’s biggest junket operator. The detention of Suncity Group Holdings Ltd. CEO Alvin Chau marks the first. Credit: iStock. Macau is ready to open its casinos for its visitors after almost two weeks of the city-wide lockdown. However, the city has not released any information on whether the casinos will.

Macau Casino Stocks Plunge as China Covid Spike Tightens Rules.

Macau's new gaming law bill has been approved by the city's legislature, cementing increased government oversight of casino operations in the world's largest gambling hub. The Bloomberg Intelligence index of the six big casino operators fell a record 23%. American operators saw the worst selloffs, with Sands China Ltd. sinking as much as 33%, while Wynn Macau Ltd.

Macau casinos reopen at 50% staff levels after two-week shutdown, but.

Macau's Gaming Inspection and Coordination Bureau has released its latest monthly revenue report showing that the island territory's 37 casinos open for operations during September generated MOP 5.88 billion ($733/€631.2 million) in gross gaming revenue (GGR).. The latest figures mark a jump of 166% on September of 2020 when tourism and gaming operations were heavily restricted due to.

Macau Readies to Enter COVID-19 'Consolidation Phase'.

Infections have fallen over the past week with only 10 cases reported on Tuesday. Macau shut all its casinos for the first time in more than two years on July 11. The former Portuguese colony has.

Casinos' future entails lower profits - analysts | Macau Business.

Last weekend, Chau, the boss of Macau's largest casino junket operator, made the headlines again, but this time in handcuffs.... For the latest news from the South China Morning Post download. Jun 28, 2022 Newsdesk Latest News, Macau, Top of the deck. Macau's casino regulator said in a Tuesday statement that a guideline regarding Covid-19 testing on anyone entering a Macau casino would come into effect at 7am on Friday (July 1). The Gaming Inspection and Coordination Bureau, a body also known as DICJ, said that from that date and. The January revenue reports from Macau are out and the numbers aren't good. We'll start there as the area known as the "Las Vegas of the East" continues to be hampered by low traffic and low gaming numbers. Macau Casinos See Yet Another Revenue Drop In January. Things just keep getting worse for Macau casinos.

Casino news | Covid outbreak threatens Macau casinos.

Macau extended its COVID-19 restrictions including the closure of bars, cinemas, hair salons and outdoor parks from Thursday, its chief executive said as the world's biggest gambling hub battles to curb a rise in locally transmitted cases. Casinos are allowed to remain open while theatres, fitness centres, and leisure facilities must halt operations from 5 p.m. local time on Thursday, Ho Iat.

Macau extends COVID shutdown of city, casinos stay open.

Macau govt sets up committee for gaming tender. The Macau government has established the Committee for Public Tendering of Concessions for the Operation of Casino Games of Fortune, to oversee the fresh public tender for the city's gaming rights. The information was published in the city's Official Gazette on Wednesday. 2 days ago · People walk past Casino Lisboa in Macau, China, December 21, 2019. REUTERS/Jason Lee. HONG KONG, July 28 (Reuters) - Macau's government said on Thursday global gaming operators can submit bids for. 2 days ago · The sector had already been reeling since the start of the pandemic, with revenues sliding 70% in 2021 to $10.8 billion from $36 billion in 2019. But the prospect of not being able to operate in.