HONG KONG, Dec 16, 2022 (AFP): Six Macau casino firms agreed on Friday night (Dec 16) to invest a total of 118.8 billion patacas (USS$15 billion) after being granted 10-year operating licences ...

Gaming industry analysts expect casino revenue to continue ... which have a presence in Macao and recently signed 10-year licensing extensions that will require them to invest billions of dollars ...

Related Link: Macau Casino Stocks Rally Following License Renewal Set To Begin On Jan. 1, 2023 Kelley said bulls would argue positive earnings revisions, pent-up demand, improved operating ...

Macao, an hour’s ferry ride from Hong Kong, is the only place in China where gambling is legal. Often called the “Vegas of Asia,” in pre-pandemic times it wasn’t unusual to see a high ...

Macao, an hour’s ferry ride from Hong Kong, is the only place in China where gambling is legal. Often called the “Vegas of Asia,” in pre-pandemic times it wasn’t unusual to see a high ...

The developments and comments also come as China is increasingly cracking down on Macau and junket operators who bring wealthy gamblers to casinos. The government’s review of gaming licenses and ...

Wells Fargo on Thursday raised its earnings estimates for Club holding Wynn Resorts ' (WYNN) operations in Macao, China, while increasing its price target on the casino operator. The move ...

Macau held the world gambling crown with revenues six times that of Las Vegas in 2019, before Covid led to the US city overtaking it. Most pandemic restrictions, which caused casinos to ...

Macau gambling revenue surged 82.5% year-on-year to 11.6 billion ... each gaming table – back to 2019 levels before COVID hit China. The award of new 10-year licenses to incumbent operators in ...

Noemi Cassanelli/CNN Noemi Cassanelli/CNN The Lisboa is one of Macao's most recognizable casinos. Story by Lilit Marcus, photos by Noemi Cassanelli, CNN Like many of his peers, Dan McAulay was ...