Macau’s casino gross gaming revenue fell 1.2% year-on-year in August to MOP21.89 billion, though the year-to-date total remains 3.7% higher than last year.
Macau's six casino concessionaires now face regulatory assessment based on tourism diversification and local employment, not just gaming revenue, under the new Third Five-Year Plan.
Macau's casino market is recovering from World Cup-driven GGR declines but remains highly competitive, says Seaport Research after meetings with MGM and Wynn management. Wynn Macau Q2 operating income rose 26.9% while MGM China revenue held flat.
Sammy King, a 38-year hospitality veteran who led W Hong Kong to a Forbes Four-Star rating, has been appointed general manager of W Macau – Studio City.