Tag Archives: Macau
Macau gambling income from inward investments up 34.5% in 2017
October 15, 2018Income from inward direct investments in gaming in Macau reached MOP37.9 billion ($4.7 billion) in 2017, a year-on-year increase of 34.5%.
Junkets remit $42M in taxes to Macau gov’t in 2017: report October 11, 2018The Macau government made MOP336.8 million ($41.8 million) in taxes from junket operators in 2017, 23.6% higher year on year.
Macau continues crackdown on illicit money exchanges Gaming-related crime is already down compared to last year and the city continues its efforts to ensure this trend doesn’t stop.
Macau Golden Week strong despite lower visitation October 10, 2018Visitation to Macau for Golden Week, was lower than expected, however, gross gaming revenue (GGR) didn’t suffer as they had thought.
Owner increases stake in Macau Grand Emperor Hotel October 9, 2018Emperor International Holdings announced an increase of its subsidiary’s stake in the operator of Macau’s Grand Emperor Hotel from 60% to 75%.
Macau’s Golden Week performance weaker than expected Macau’s Golden Week, which marks the celebration of the anniversary of the founding of China, got off to a strong start just over a week ago.
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