Location: Macau
MGM touting diversification opportunities beyond Las Vegas Strip
MGM Resorts International CEO Bill Hornbuckle addressed the company’s international opportunities in Japan, Dubai, and Brazil, in addition... more
Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast
Investment bank Jefferies has again upgraded its Macau GGR forecast for 2025, with analysts now expecting gaming revenues to reach MOP$248... more
MGM CEO fights back against ‘Vegas is dead’
MGM Resorts International CEO Bill Hornbuckle Thursday countered the criticism on social media that Las Vegas visitors are getting gouged.... more
Moody’s: Melco to significantly reduce leverage through end-2026 on solid revenue growth, profitability
Macau’s Melco Resorts & Entertainment is expected to reduce its operating leverage, calculated as Adjusted DEBT/EBITDA, from around... more
Macau sets another post-pandemic record in August as GGR hits US$2.76 billion
Macau has continued its recent revenue momentum, with the Gaming Inspection and Coordination Bureau (DICJ) reporting Monday that gross... more
JP Morgan says Macau GGR now at highest non-Golden Week levels since pandemic
Investment bank JP Morgan has estimated Macau’s gross gaming revenues in the seven days from 18 to 24 August at MOP$793 million per day,... more
Wynn Macau Ltd to redeem in full $1 billion of outstanding notes due 2026 in September
Wynn Macau Ltd confirmed Friday that it will redeem in full senior notes due 2026 and valued at US$1 billion on 2 September 2025. The... more
JP Morgan raises Macau GGR forecast again on recent surge in demand
Investment Bank JP Morgan has for the third time in as many months upgraded its Macau GGR forecast for the remainder of the year, now... more
Analysts tout Wynn after strong second-quarter earnings report
The contrast couldn’t be more different between Wynn Resorts and the other major Las Vegas Strip operators. The difference sent Wall Street... more
Wynn Resorts bucks Las Vegas Strip results with strong showing in Q2
While MGM Resorts International and Caesars Entertainment results have been impacted by a decline in Las Vegas visitation, Wynn Resorts... more
