MGM Stock in enough to handle Macau
MGM Resorts International, which owns 56% of MGM China shares, has faced falling prices in Macau, however the shares have everything they need to withstand the current unrest...
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Macau
Macau faces negative effects of the recent lockdown
In accordance with the Bureau of Gambling Inspection and Coordination, Macau earned 398 million MOP dollars last month, which was the worst monthly indicator of the city from...
Macau casinos to shut down for a week
While China is facing another covid outbreak, Macau is closing all its casinos to prevent spread-rate increase.At the moment, the city has more than 1500 new cases which...
Macau casinos manage to stay open despite Covid
To prevent the rise of new Coronavirus cases, Macau casinos are introducing a new round of closures, although the casinos are going to remain open.During the last few...
Macau’s casino shares have a rise in NYC
Macau governance published the results of public auditions of casino licenses resumptions. Based on the results, Las Vegas Sands, MGM Resorts along with Wynn Resorts have an...
Macau’s entertainment industry severely impacted from COVID-19
Covid-19 had a significant impact on Macau's gambling income in October, comparing both month-on-month and year-on-year statistics.Macau had a 25.7% drop from the...
Casino revenue in Macau sees 1,014% surge in April
As the jurisdiction’s gambling and hospitality market begins to reopen, monthly revenue keeps dropping even compared to the levels before the COVID pandemic...
Macau casino scene threatened by digital currency
This currency will be backed by the state and is targeted towards stopping fraudsters and money laundering activity from casinos and gambling venues...
Lunar New Year turnout massive disappointment for Macau
Unsurprisingly, the majority of these tourists arrived from the country’s mainland, totalling to about 57,000 tourists entering Macau from mainland China via land transport...