Macau has just announced that as of now, foreign residents will no longer have to quarantine when visiting hotels. This means that any visitors from outside mainland China will now be able to freely visit one of the largest gaming hubs in the world again. Visitors will still have to quarantine for five days in their own home but the change is a step in the right direction for Macau moving forward against Covid-19 which has been impacting them for years. A quote from Francis Lui from Galaxy Entertainment Group states, “our clients understand that 5+3 is not a favorable measure for them to come to Macau. Therefore, we will see when entrance measures for Macau will be improved. We believe that these measures could […]

As inflation continues to be a rising topic among gas, food, and airfare you would think its impacting the casino industry but that would be incorrect. A survey from PlayUSA asked 600 adults how inflation has impacted their gambling ability and based on the results it may be somewhat reducing their spending budget but it’s not holding them back from going to casinos. The numbers show that 42% of bettors said their gaming frequency was unchanged when compared to the last six months and 35% said they’re gambling at the same rate as before Covid-19. Casino revenue numbers from the Pennsylvania Gaming Control Board show that revenue in October 2022 grew 10% when compared to May 2022 and the October numbers posted record gaming numbers […]

After the six casino licenses in Macau were reinstated, an announcement came out that the operators would be allowed to open up “foreigner only” rooms in their casinos. According to the announcement from Macau’s Executive Council, the new rule will enable the casinos that wish to use these rooms a 5% waiver on the additional tax for foreign player revenue. Gaming tax will remain at 40% but the new rooms will help the casinos to boost their local tourism. A quote from the Secretary for Administration of Justice states, “…currently, the gaming revenue created by these foreign clients is quite low, therefore we hope that these incentivizing measures request, or require, the concessionaires to launch projects to attract foreign tourists.”