Location: Macau
Sands CEO: Macau gaming market challenged by increased competition, online gambling, and US-China trade war
Las Vegas Sands (LVS) Chairman and CEO Robert Goldstein has bemoaned the lingering impact of the US-China trade war, as well as increased... more
Robert Goldstein: Macau gaming market challenged by increased competition, online gambling and US-Sino trade war
Las Vegas Sands (LVS) Chairman and CEO Robert Goldstein has bemoaned the lingering impact of the US-China trade war, as well as increased... more
Moody’s maintains investment-grade rating for Macau as fiscal reserves climb to US$77 billion
Moody’s Ratings has affirmed the local and foreign currency issuer rating of the Macao SAR Government at Aa3 with a negative outlook,... more
Criminalization of illegal money exchange linked to 61.5% year-on-year increase in Macau’s gaming-related crime in 1Q25
In response to the criminalization of money exchange gangs, which came into effect in October 2024, there were 567 gaming crimes in Macau... more
Morgan Stanley: Melco and MGM China most likely Macau operators to outperform 2025 EBITDA estimates
An analysis of the 2025 EBITDA forecasts of Macau’s six concessionaires, compared with the realistic growth drivers that can get them... more
Macau GGR tracking well at US$1.6 billion through first 18 days of May
Macau’s gross gaming revenue is estimated to have averaged MOP$593 million (US$73.6 million) per day for the seven days from 12 to 18 May,... more
Macau gaming tax down 3.9% in April to US$944 million
According to data released by Macau’s Financial Services Bureau, the Macau government’s revenue from gaming taxes in April was... more
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
