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A service for global professionals · Monday, April 14, 2025 · 803,194,070 Articles · 3+ Million Readers
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  • Published on 15:47 GMT

    Macau CE: satellite casinos’ future lies with concessionaires, not gov’t

    Macau Chief Executive Sam Hou Fai has made it clear that the future of the city’s satellite casinos is now in the hands of the gaming concessionaires, reiterating that the government has already fulfilled its role by enshrining the relevant regulations in …

    Source: Asia Gaming Brief - Neutral
  • Published on 13:09 GMT

    Lawrence Ho says fate of satellite casinos will have little impact on Melco

    Melco Resorts & Entertainment Chairman and CEO Lawrence Ho says the issue of satellite casinos would not have a major impact on the company, adding that it is up to the government to decide their fate. The three-year grace period granted to the city’s …

    Source: Inside Asian Gaming - Neutral
  • Published on 05:09 GMT

    Satellite casino staff’s future remains uncertain

    The Labour Affairs Bureau (DSAL) stated on Friday that it had not received any labor disputes involving staff at satellite casinos. However, the following day, the Macau Responsible Gaming Association (MRGA) reported receiving several inquiries from …

    Source: Macau Daily Times - Indeterminate
  • Published on 05:07 GMT

    CITI: Macau pawn shop crackdown doesn’t seem to have impacted players’ access to cash

    A recent police action against an illegal money exchange operation linked to eight Macau jewelry stories does not appear to have affected the ability of players to access cash, according to latest observations by Citigroup analysts. Citi released the …

    Source: Inside Asian Gaming - Neutral
  • Published on Apr 10, 2025

    Macau satellite casinos alarmed by disadvantageous negotiation timeline

    Satellite casino operators have publicly expressed concern that gaming concessionaires have not yet begun discussions about the future of 11 satellite casinos in Macau, with only eight months remaining in the three-year transition period. Meanwhile, the …

    Source: Asia Gaming Brief - Neutral
  • Published on Apr 10, 2025

    Ticking clock – What’s next for satellite casinos?

    Macau Business magazine l April 2025  Not all of Macau’s 11 satellite casinos are expected to remain in operation after the three-year grace period ends later this year, with their fate hinging on the government’s position, the outcome of negotiations …

    Source: Macau Business - Pro-Government
  • Published on Apr 13, 2025

    Under pressure

    Job insecurity, slowing labour demand and heavier workloads remain key challenges for Macau’s gaming workers, in addition to those at risk in satellite casinos, unionists and observers say By Tony Lai 6 – No of job vacancies for casino dealers and other …

    Source: Macau Business - Pro-Government
  • Published on Apr 10, 2025

    Galaxy Entertainment faces weaker-than-expected 1Q25 as GGR declines: Jefferies

    Macau gaming operator Galaxy Entertainment Group (GEG) is set to report weaker-than-expected performance for 1Q25, with analysts projecting a 1 percent quarter-on-quarter decline in gross gaming revenue (GGR). According to Jefferies’ latest projections, …

    Source: Asia Gaming Brief - Neutral
  • Published on Apr 10, 2025

    EXCLUSIVE INTERVIEW: “We’re still on our way” – Galaxy’s Francis Lui

    By Paulo A. Azevedo and José Carlos Matias Macau Business magazine l April 2025  Galaxy is focused on levelling up the game with the new Capella Hotel and the upcoming Phase 4 properties. Immersive retail experiences and tech-driven entertainment take  …

    Source: Macau Business - Pro-Government
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