Posts

Dividend 25

 mar26 Wynn Macau casino operator Wynn Macau Ltd announced on Friday a final dividend of HKD0.223 (US$0.028) per share for the year ended December 31, 2025. That compared with a final dividend of HKD0.185 per share paid for full-year 2024. The firm said it expects to pay the 2025 dividend – which is subject to shareholders’ approval – on June 16, according to a filing to the Hong Kong Stock Exchange. Wynn Macau Ltd operates the Wynn Palace resort on Cotai, and also runs the Wynn Macau resort (pictured) on the city’s peninsula. The company is a unit of U.S.-based casino developer Wynn Resorts Ltd. In September, Wynn Macau Ltd  paid a dividend  of HKD0.185 per share – amounting to HKD972.5 million in aggregate – in respect of the six months to June 30, 2025. The Macau unit reported a net profit attributable to its owners of nearly HKD1.63 billion for full-year 2025, compared to a HKD3.20-billion profit in 2024. That was on operating revenues of about HKD28.99 billion, up 0....

Sands China ‘ended’ special two-tier bonus for baccarat side bet wagers (SIDE BETS)

ab26 Rollout of new baccarat side bets ‘Pairs+’, ‘Monkey no Monkey’ now starts beyond Sands’ Macau venues, ahead of Labour Day: checks https://www.ggrasia.com/rollout-of-new-baccarat-side-bets-pairs-monkey-no-monkey-now-starts-beyond-sands-macau-venues-ahead-of-labour-day-checks?utm_source=rss&utm_medium=rss&utm_campaign=rollout-of-new-baccarat-side-bets-pairs-monkey-no-monkey-now-starts-beyond-sands-macau-venues-ahead-of-labour-day-checks ab26 Sands China said Thursday that it is starting to see a gradual uptick in the propensity of players in Macau wagering on baccarat side bets – although their percentage of total wagers placed still remains well below its Singapore peer Marina Bay Sands. The issue of side bets was raised during parent company Las Vegas Sands’ (LVS)  1Q26 earnings call , with Sands being one of a number of operators to have previously stated that the higher margin betting options were not as popular among players in Macau as they have been in Singapore. ...

Estudo: Reformas legais transformaram o sector do jogo

 Mar26 https://www.plataformamedia.com/2026/03/17/estudo-reformas-legais-em-macau-transformaram-setor-do-jogo/ https://agbrief.com/intel/deep-dive/18/03/2026/macau-gaming-reforms-align-with-china-strategy-shift-focus-from-revenue-to-governance-study/

Macau gaming regulator reports 22 investigations into casino operator violations

 mar26 Macau’s gaming regulator has opened 22 administrative infraction cases against casino operators since the city’s revised  gaming law  came into force in 2022. The figures are   according to a written reply from the Gaming Inspection and Coordination Bureau ( DICJ ) to legislator José Maria Pereira Coutinho. In response to the legislative inquiry, the regulator said the cases were launched to investigate suspected violations by concessionaires under the updated legal framework governing casino gaming operations. Of the 22 cases, five resulted in penalties, 10 were closed due to insufficient evidence, and seven remain under investigation, the bureau stated. However, the DICJ did not disclose the types of violations involved or the total amount of fines imposed. The figures were disclosed after Legislator Coutinho asked the government to clarify how the administrative penalty system introduced under the revised gaming law has been implemented and whether enforcem...

Macau gaming regulator to adjust scope of operators’ non-gaming investments

ab26 Non-gaming added value edges past 2019 level while share dwindles By  Aries Un Macau’s non-gaming growth has survived the post-covid return of a dominant gaming industry, with emerging industries contributing 9.3 per cent to the city’s added value in 2024. According to a Tuesday summary report on the city’s 2021-2025 plan for economic and social development, the 9.3 percent contribution was up by 1.1 percentage points from the 2019 level. This metric, which tracks the share of nascent industries relative to the domestic economy as a whole, rose from 8.2 per cent to as high as 14.3 per cent in 2020, when the covid-19 pandemic began to squeeze visitation to Macau. During the first year of the covid onslaught, Macau’s gross gaming revenue suffered a year-over-year loss of 79.3 per cent to land at MOP60.44 billion (US$7.49 billion). Gross gaming revenue for 2021 rebounded by 43.7 per cent to MOP86.86 billion. However, it plummeted by 51.4 per cent to nearly MOP42.2 billion the fol...

“Casino regulatory policy is systematically wrong”

 mar26 Economist Andrew Russel challenges the oversimplified economic view of casinos as “polluting factories”, highlighting their utilitarian and transactional functions to redefine the economic framework they should live in. Speaking at the  Regulating the Game 2026 conference in Sydney , Russell argued that replacing the “casinos as polluting factories” analogy with a framework rooted in New Institutional Economics (NIE) is the only way to modernize a regulatory landscape that currently serves government interests far more than the public or the industry. The traditional factory model rests on the idea of mass production and economies of scale. Factories exist to lower production costs. If casinos were truly “gambling factories”, Russell points out, several daily operational realities would make no sense. https://agbrief.com/news/world/10/03/2026/casino-regulatory-policy-is-systematically-wrong-redefining-casinos-economic-purpose/?utm_source=Asia%20Gaming%20Brief&utm_ca...

SJM II (mar26)

ab26 Macau gaming operator  SJM Holdings  is entering what it describes as an “important inflection point” in 2026. Completed table redeployments and ongoing portfolio upgrades are expected to support progressive  improvements  in profit margins and returns, according to Chairman and Executive Director  Daisy Ho . https://agbrief.com/news/macau/27/04/2026/sjm-sees-2026-inflection-point-as-margins-set-to-improve-daisy-ho/?utm_source=Asia+Gaming+Brief&utm_campaign=f049a3e889-AGB%3A+%2302373+Tuesday%2C+28th+April%2C+2026&utm_medium=email&utm_term=0_51950b5d21-f049a3e889-%5BLIST_EMAIL_ID%5D&ct=t%28AGB%3A+%2302373+Tuesday%2C+28th+April%2C+2026%29&goal=0_51950b5d21-f049a3e889-%5BLIST_EMAIL_ID%5D&mc_cid=f049a3e889&mc_eid=31e20475e6  mar26 Daisy Ho buys US$3mln worth of casino group SJM’s US$540mln senior unsecured notes https://www.ggrasia.com/daisy-ho-buys-us3mln-worth-of-casino-group-sjms-us540mln-senior-unsecured-notes?utm_sourc...