Macau

China Focus

Macau casino stocks face a reckoning after searing rally

The near-vertical move has come as an array of positive news ignited hopes of a revival in the gaming hub.

Covid-19

Macau shuts all casinos as city's worst outbreak widens

Macau is following China’s Covid playbook

China Focus

Junket King's arrest spurs selloff as key Macau market targeted

The pandemic -- which effectively erased Macau’s chief source of revenue -- has hammered the industry.

China Focus

Macau casinos see US$18 billion wipeout as China tightens grip

The six big casino operators fell a record 23%.

Fintech

Macau moves step closer to digital currency in threat to casinos

The virtual currency is to reduce money laundering, tax evasion and terrorism financing, according to Ho.

Covid-19

Gambling mecca Macau suspends casino operations to help curb coronavirus spread

The likely closing of casinos comes as the entire region has been nearly shut off to travel, depriving the gambling centre access to its biggest customers.

China Focus

Protest-free Macau to win financial policy rewards from China

MACAU/HONG KONG (Dec 12): Chinese President Xi Jinping will visit Macau next week to announce a raft of new policies aimed at diversifying the city’s casino-dependent economy into a financial centre, according to over a dozen interviews with officials a

China Focus

China sends two messages with one Macau invitation

SINGAPORE (Nov 4): Macau is being pulled into dangerous crossfire. China has suggested the world’s largest gambling centre as a venue for US President Donald Trump and his Chinese counterpart Xi Jinping to sign an interim trade deal, Reuters reports. It
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