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The Latest Breaking News from Macau

EyePoint, Expands Pact With Betta Pharma For EYP-1901 In China, Posts Deeper Q1 Loss

EyePoint Pharmaceuticals Inc (NASDAQ:EYPT) executed a license agreement with Betta Pharmaceuticals Co Ltd to develop and commercialize EYP-1901 in Mainland China, Hong Kong, Macau, and Taiwan. This agreement expands the collaboration between EyePoint and Equinox Sciences, LLC, a Betta Pharmaceuticals affiliate established in February 2020. EyePoint will retain global ophthalmic rights for EYP-1901 in the…

Benzinga

MGM Resorts Analysts React To Q1 Earnings Beat, LeoVegas Acquisition, Macau Weakness

MGM Resorts International (NYSE: MGM) shares traded lower by 3.5% on Tuesday after the company reported first-quarter earnings and revenue beats but a quarterly drop in Las Vegas Strip occupancy.

Benzinga

Star lawyer denies 'watering down' report

A Star Entertainment lawyer has denied watering down concerns about The Star Sydney's dealings with a Macau junket operator allegedly linked to organised crime.

AAP

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Macau Gaming Revenue Drops 52.7% in March: Here's How To Play It

Macau casino stocks traded higher on Friday despite a huge drop-off in gross gaming revenue in the month of March.

Benzinga

Star 'deficient' on money laundering fears

A senior manager at The Star Sydney has admitted he was concerned about the possibility of money laundering via a high roller debt-card scheme at the casino.

AAP

Friday favourite: The "old fashioned" Macau-like Formula E venue

Drivers who like street circuits are spoiled for choice in Formula E. For Lucas di Grassi, the updated Rome track that made its debut last year is the best of them all and merits comparison with the revered Macau circuit, despite its imperfections

Autosport

4 Reasons Macau Casino Stocks Are Tanking

Macau casino stocks have taken a beating so far in 2022, but the selling pressure has intensified in recent days. On Tuesday, Bank of America analyst Shaun Kelley highlighted at least four reasons investors are dumping Macau stocks.

Benzinga

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Stock Wars: MGM Resorts International Vs. Wynn Resorts

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

Police arrest Macau's No 2 junket boss in crackdown - media

Police in Macau, the world's biggest gambling hub, said on Sunday they had arrested two men for alleged illegal gambling and money laundering, as authorities step up a crackdown on illicit capital outflows from the Chinese mainland.

Reuters

Macau used to be China's 'good kid', but as Beijing turns on its gambling industry, everything might change

For decades, Macau has pledged its loyalty to Beijing in exchange for a longer leash and a steady influx of cashed-up gamblers. But the dramatic arrest of a high-flying casino owner leaves many wondering what lies in this port city's future.

ABC News

52 Biggest Movers From Friday

Gainers Splash Beverage Group, Inc. (NASDAQ: SBEV) shares gained 118.9% to settle at $4.18 on Friday. Splash Beverage recently announced it has received authorization to sell its TapouT performance drink in Walmart stores across Florida metropolitan areas.

Benzinga

Covid global report: Omicron alert in southern Chinese city bordering Macau

Variant detected in southern Chinese city of Zhuhai, say officials, while CDC in the US urges use of the ‘most protective’ masks

The Guardian - AU

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