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In a webinar focused on Macau’s game sector recovery on Thursday, analysts at S&P Global Ratings said Macau casino operators are likely to allocate their promised capital expenditures in the new 10-year concession period “sooner or later.” Then operating expenses will “come later in the concession period,” they added.

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Six game concessions in the city have pledged 118.8 billion ($14.8 billion) of MOP to the city government over the next decade. About 91.5% of that amount, or 108.7 billion MOPs, will be allocated to “exploring overseas customer markets and developing non-game projects.” The rating agency said the investment commitment […]

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The AGM index, which represents shares of various casino technology suppliers, rose 113.32 points to 952.42 in January, up 13.5% from the previous month. Compared to a year ago, the index is up 26.55 points, or 2.9%.

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“11 positive contributions and one negative contribution to the AGM index,” the index’s publisher, the Association of Game Equipment Manufacturers (AGM), said in January. The biggest positive contribution was from slot machine supplier Aristrock Leisure Inc., which saw the index rise 44.55 points, with the stock posting an 11.3% sequential […]

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2 Pakistan Boxers Missing In Birmingham After 2022 CWG

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Pakistan Boxing Federation (PBF) secretary Nasir Tang confirmed the disappearance of boxers Suleman Baloch and Nazerula hours before the squad left for Islamabad. Pakistan Boxing Federation (PBF) secretary Nasir Tang said two Pakistani boxers disappeared in Birmingham after Wednesday’s Commonwealth Games. Pakistan Boxing Federation (PBF) secretary Nasir Tang confirmed the […]