Galaxy Entertainment Group and Melco Resorts & Entertainment were recognized at the 12th International Gaming Awards held in London last week.
Sega Sammy Creation announced that it successfully installed its "Baccarat Maximum Fortune" gaming machine at MGM Macau on January 23. This follows the debut the same variety of machine at MGM Cotai last June, indicating that it has been well-received.
Last Wednesday night, an alliance was formed between Shun Tak Holdings, a company owned by Stanley Ho, Fok Foundation, and three parties controlled by Pansy Ho with the aim of “advancing fundamental objectives” in relation to the STDM Group, and SJM Holdings.
Analysts from Morningstar have echoed recent calls for investors to hold onto their Macau gaming stocks, despite fears around China’s economic slowdown and the US trade war.
The Macau government is still currently analyzing a technical report which would help determine their approach to the refreshment of Macau’s gaming concessions.
The most significant risk for Macau’s six operators when it comes to concession renewals is likely to be higher taxes, or other “economic rent,” Bernstein Research said in a note.