This crackdown is a vivid reminder of the persistent efforts required to combat illicit financial activities within the region’s vibrant casino scene, often propelled by the stringent capital controls ...
Chinese New Year in Macau brought a record number of tourists and a corresponding 17% increase in casino wagers.
This story is part of Forbes’ coverage of Hong Kong’s Richest 2026. See the full list here.
The end of December brought good news for the Chinese casino industry. Macau gaming revenue reached almost $28.4 billion, up almost 24% from 2023 levels, according to the island’s Gaming Inspection ...
Jefferies has a positive view on the Macau casino sector on the expectation for normalized gross gaming revenue growth in 2025-2626, broadly in line with China's nominal GDP growth. Mass market ...
The Macau casino sector started off the new year, with a disappointing first month. Gross gaming revenue fell by 5.6% year-over-year to 18.25 billion patacas ($2.3 billion) in January, according to ...
Macau welcomed nearly 279,400 visitors over the weekend as Chinese New Year began, with up to 1.5 million expected during ...
As part of an effort to diversify the island’s economy, a Macau casino opened a massive “resort hospital.” Officials had the hospital built in hopes of luring more healthcare tourists to the region.
Player foot traffic was mostly moderate in the main floors of Macau-peninsula and Cotai casinos on Friday, the sixth day of a ...
(Bloomberg) -- Former Macau judge Sam Hou Fai, who has warned against the outsize influence of the gambling industry in the city, was elected as its new leader by a 400-member committee. Sam, 62, the ...
HONG KONG (Reuters) - China's move to stamp out online gambling to help contain capital outflows is hitting liquidity in Macau's VIP segment, at a time when the world’s No. 1 gambling hub is hobbled ...
FILE PHOTO: Galaxy Entertainment Group Chairman Lui Che-woo attends a news conference in Hong Kong HONG KONG (Reuters) - Lui Che Woo, the casino tycoon who helped propel Macau to eclipse rival Las ...