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Macau

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  • Monday, 22 May, 2023
    Travel & leisure industry
    Macau casinos mount comeback as mass-market players return

    Galaxy Entertainment says net revenue has recovered to more than half its pre-pandemic figures

    The Galaxy Macau casino and hotel
  • Wednesday, 19 April, 2023
    Inside BusinessPrimrose Riordan
    An overdue reckoning for Macau’s casinos

    The falling of a gambling kingpin has raised questions about the industry reliance on ‘junket’ operators

    A croupier counts the chips at a baccarat gaming table inside a casino at the Sands Cotai Central in Macau
  • Wednesday, 29 March, 2023
    Visual investigation
    Inside North Korea’s oil smuggling: triads, ghost ships and underground banks

    An investigation into the Chinese criminal networks helping to prop up the rogue nuclear regime

    A CGI reconstruction of the Unica, a vessel known to deliver oil to North Korea, in front of a map of East Asia
  • Friday, 10 March, 2023
    Travel & leisure industry
    MGM China leads casino operator recovery in Macau

    Market share increases and share price more than doubles as gamblers return to the table

    The MGM Grand Macau casino
  • Tuesday, 31 January, 2023
    News in-depthGambling industry
    Fall of Asia’s gambling kingpin augurs change for Macau industry

    Alvin Chau’s jailing comes as Beijing cracks down on money laundering and capital flight

  • Wednesday, 18 January, 2023
    Lex
    Macau gaming: Chau’s jail term warns punters and investors alike Premium content

    Caution should now be applied to local gambling stocks

    A moving roulette wheel
  • Wednesday, 18 January, 2023
    Gambling industry
    Macau ‘junket king’ Alvin Chau sentenced to 18 years in prison

    Former Suncity boss is highest-profile target of Beijing’s crackdown on VIP gambling and capital outflows

    Former Suncity Group chief executive Alvin Chau, pictured in Macau in 2020
  • Sunday, 8 January, 2023
    News in-depthGambling industry
    Casino mecca Macau gambles on becoming a global tourist attraction

    Big Six operators will invest $15bn over 10 years, with more than 90% spent on non-gaming developments

    The Grand Lisboa casino sits in the middle of a Macau skyline picture
  • Monday, 26 December, 2022
    Chinese society
    Chinese vaccine tourists flock to Macau for mRNA Covid jabs

    Explosion of cases and ban on more effective western shots lead residents to look abroad

    Tourists in Macao
  • Monday, 28 November, 2022
    Macau casino stocks soar after new licences granted

    Operators struggle to recover as Beijing’s strict pandemic rules curb tourism

    Macau’s Casino Lisboa
  • Tuesday, 2 August, 2022
    Melco Resorts & Entertainment Ltd
    Hong Kong casino tycoon considers Macau move to avoid US delisting

    Melco is exploring a loophole as negotiations between Beijing and Washington reach a stalemate

    A picture of Melco chair Lawrence Ho
  • Friday, 15 July, 2022
    Lex
    Macau/gaming: casino operators bet on unlikely comeback Premium content

    Recovery is a distant prospect given the twin effects of Covid and China’s bleak economic outlook

    The closed MGM Grand Macau casino and empty streets in Macau
  • Sunday, 10 July, 2022
    Coronavirus
    China reimposes curbs as BA.5 variant spreads Omicron outbreaks

    Authorities in cities across the country are rushing to fight more infectious Covid-19 strain

    A healthcare worker in protective gear collects a sample from a woman at a Covid-19 testing booth
  • Tuesday, 21 June, 2022
    Macau’s Covid crackdown leaves Stanley Ho’s SJM casino group burning cash

    Liquidity declines at operator founded by late tycoon as coronavirus curbs hit gambling sector

    SJM Holdings’ Casino Lisboa in Macau
  • Monday, 17 January, 2022
    Gambling industry
    Macau casino shares rally after gaming law offers reprieve to US companies

    Sands China, MGM China and Wynn Macau jump after authorities maintain number of operating licences

    Pedestrians walk past the the Sands Cotai Central and Venetian Macao casino resorts
  • Tuesday, 30 November, 2021
    Lex
    Macau gaming: Beijing junks the junkets and imperils local economy Premium content

    Such betting trips are the backbone of Macau’s $30bn gambling market

    Visitors use slot machines at a casino in Macau
  • Monday, 29 November, 2021
    Macau casino stocks tumble after arrest of junket executive

    Detention of Suncity chair Alvin Chau for ‘damaging social order’ sends shares down sharply

    Attendees play electronic slot machines in Macau, China
  • Sunday, 28 November, 2021
    The Big Read
    Macau casinos gamble on relations with Beijing

    Hit hard by the pandemic, operators in the world’s biggest gambling hub are facing scrutiny from the Xi government

  • Wednesday, 22 September, 2021
    News in-depthGambling industry
    Macau casino operators fear end of winning streak with new gaming law

    Proposals could force operators to become ‘more Chinese’ as Beijing cracks down on capital outflow

    An aerial view of the Galaxy casino, owned by Galaxy Entertainment, and the Venetian and Parisian casinos, owned by Las Vegas Sands, in Cotai, Macau
  • Wednesday, 15 September, 2021
    Gambling industry
    Casino stocks shed $20bn as Macau government seeks greater oversight

    Operators in world’s biggest gambling hub suffer worst day ever as authorities review gaming law

    People wearing protective masks walk in front of Casino Lisboa, operated by SJM Holdings, in Macau
  • Wednesday, 15 September, 2021
    Lex
    Casinos/Macau: it is time to take the chips off the table  Premium content

    Restricting the number of licences is most worrying part of Beijing’s latest crackdown

    The Casino Lisboa in Macau
  • Monday, 3 May, 2021
    Inside BusinessTom Mitchell
    Ho casino empire starts to emerge from shadow of late patriarch

    Launch of Grand Lisboa Palace integrated resort signals new direction for SJM group

    SJM’s current flagship casino, the Grand Lisboa
  • Tuesday, 26 May, 2020
    ObituaryStanley Ho
    Stanley Ho, Macau gambling tycoon, 1921-2020 

    Swashbuckling businessman established China’s modern casino industry

  • Tuesday, 4 February, 2020
    Lex
    Coronavirus/casinos: busted flush Premium content

    If the outbreak lasts anywhere as long as Sars, the industry’s business model could come undone

    Visitors wearing face masks inside the Venetian casino hotel resort in Macau on January 22. Macau is shutting its casino industry for two weeks in an attempt to counter the spread of coronavirus
  • Tuesday, 4 February, 2020
    Coronavirus
    Hong Kong confirms first coronavirus death as Macau closes casinos

    Man is second fatality outside mainland China as Beijing says infections exceed 20,000

    MACAU, CHINA - JANUARY 28: People wearing face masks walk in front of the Grand Lisboa Hotel on January 28, 2020 in Macau, China. The number of cases of a deadly new coronavirus rose to over 4000 in mainland China Tuesday as health officials locked down the city of Wuhan last week in an effort to contain the spread of the pneumonia-like disease which medicals experts have confirmed can be passed from human to human. In an unprecedented move, Chinese authorities put travel restrictions on the city which is the epicentre of the virus and neighbouring municipalities affecting tens of millions of people. At least six people have reportedly contracted the virus in Macau. The number of those who have died from the virus in China climbed to over 100 on Tuesday and cases have been reported in other countries including the United States, Canada, Australia, France, Thailand, Japan, Taiwan and South Korea. (Photo by Anthony Kwan/Getty Images)
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