On the sixth day of China’s Golden Week holiday, near-main floor baccarat wagers of around HKD 1,000 (about US$128.50) proved to be a standout among players in Macau’s major casinos. At the peninsula casinos—such as Grand Lisboa, Wynn Macau, MGM Macau, and StarWorld—these mid-range baccarat tables drew notable patronage, while in Cotai properties players tended to cluster at tables with minimum bets between HKD 1,000 and HKD 2,000.
Melco Resorts & Entertainment has officially opened iRad Hospital within its Studio City integrated resort in Macau, delivering what it touts as the world’s first integrated-resort hospital equipped with both MRI and CT scanning capabilities. This initiative is part of Melco’s broader pivot to diversify Macau’s economy by anchoring medical tourism at its entertainment hubs. The facility provides health screening, diagnostic imaging, aesthetic treatments, longevity services, and medical concierge support — all under one roof in approximately 15,000 sq ft.
Macau Legend Development Ltd has announced a planned rights issue aimed at raising HK$93.0 million (approximately US$12 million) through the issuance of 310,059,356 rights shares at a subscription price of HK$0.30 each, on the basis of one rights share for every two existing shares. The company intends to deploy the net proceeds toward general working capital—covering trade payables, property tax obligations, interest payments, and operating expenses.
Over the weekend, Bitcoin surged past its prior records and topped $125,000 for the first time, sending waves through global financial markets. The climb was fuelled by a convergence of institutional inflows – especially via spot Bitcoin ETFs – and shifting investor sentiment toward digital assets as hedges amid macroeconomic uncertainty. At one point, the cryptocurrency peaked near $125,689 before settling back slightly, marking a nearly 2.7 % gain over its previous all-time high of about $124,480.
Las Vegas Sands Corporation (LVS) has officially announced the shutdown of its Sands Digital Services (SDS) arm, marking a decisive end to the company’s short-lived experiment in online gaming. The decision underscores LVS’s renewed commitment to its core strengths in land-based casino operations, particularly in Macau and Singapore, where it continues to operate world-class integrated resorts.
Author: Janice Chew • Tuesday, 07/10/2025
