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Macau 2020 GGR forecast halved
Macau has halved its forecast for 2020 gross gambling revenue due to the impact of the Covid-19 pandemic and announced new measures to help local business.
Macau gaming receipts up 18.7 pct in 2017
Macau’s total receipts from ten enterprises engaged in gaming activities increased by 18.7 percent year-on-year to MOP 268.01 billion (US$33.2 billion) in 2017, according...
Macau non-gaming spend up 20 pct in 18Q2
Non-gaming visitor spend in Macau soared 20 percent year-on-year in the second quarter of 2018, according to data from the Statistics and Census Service...
Sports betting growth continues upward momentum
Australia saw total expenditure on gambling increase 3.9 percent in the 2015-16 period, with sports betting clocking the highest growth at 13 percent year-on-year, ...
Macau total expenditure to reach record high in 2018
The Macau government is expecting total expenditure in 2018 to be more than MOP109.6 billion (US$13.6 billion), a 14.5 percent increase from the budget...
Visitor spending increases 8.8 pct in 17Q3
Total visitor spending in Macau, excluding gaming, grew 8.8 percent year-on-year in the third quarter of 2017, according to data from the Statistics and...
Visitor spending in 17Q1 rises 16.6 percent
Total visitor spending in Macau amounted to MOP 13.5 billion (US$1.7 billion) in the first quarter of 2017, representing an increase of 16.6 percent...
NZ punters bet 5.6 percent more in 2016
Gamblers in New Zealand spent a total of NZ$2.2 billion (US$1.6 billion) in FY 2015/16, an increase of 5.6 percent, or NZ$118 million, according...
SkyCity announces capital raising plan
New Zealand-listed SkyCity Entertainment intends to raise NZ$263 million of new equity from its shareholders to “fund future growth projects”.
In a filing to the...
Singapore tourist arrivals to exceed forecasts in 2016
Tourist arrivals in 2016 are likely to exceed forecasts from the Singapore Tourism Board, said Credit Suisse in a report from Bloomberg.
According to the...