Location: Macau
Tariffs placing some Wynn Resorts capital spending on hold
Wynn Resorts said Tuesday tariffs will necessitate deferring some $375 million of capital improvement spending, including in Las Vegas. In... more
Wynn Resorts reports across-the-board declines in Q1
Wynn Resorts Tuesday reported year-over-year declines in operating revenue, net income, and adjusted earnings during the first quarter.... more
Golden Week in Macau “better than expected,” Jeffries analyst says
Tourism numbers and gross gaming revenue out of Macau during the Golden Week holiday are proving “better than expected and modestly... more
JP Morgan: Macau’s Golden Week GGR provides “biggest beat” in years at more than MOP$1 billion per day
Macau’s gross gaming revenue during the five-day May Day Golden Week holiday is estimated to have reached MOP$5.1 billion (US$639... more
Macau gaming revenues seen growing by 5% month-on-month in May but Golden Week could offer upside potential
With April GGR coming in slightly above consensus, the strength of Macau’s gaming revenue growth for the month of May will come down to... more
Macau GGR comes in at US2.45 billion in April, up 1.7% year-on-year
Macau’s gaming industry generated gross gaming revenues of MOP$18.86 billion (US$2.36 billion) in April, up 1.7% compared with the same... more
SJM gaining some market share in base mass but satellite uncertainty remains
SJM Resorts appears to be taking some market share in the base mass segment as rival concessionaires focus their energies on the lucrative... more
Macau authorities estimate 3.4 million to 3.5 million people will enter and exit Macau during May Day Golden Week.
Macau’s Public Security Police Force said it anticipates between 3.4 million and 3.5 million people will enter and exit Macau via its... more
Macau gaming tax reaches US$2.8 billion in first quarter representing 88% of all government revenue
The Macau government collected MOP$22.2 billion (US$2.79 billion) in gaming tax revenue in the three months through 31 March 2025, just... more
Wall Street Bets: GLPI, Double Down Interactive, Churchill Downs, Macau, Boyd
GLPI’s results favorable Jefferies’ David Katz on April 27 looked at GLPI’s status. “The company continues to demonstrate... more
