Location: Macau
JP Morgan: Fourth-quarter results season will be positive for Macau names
Macau’s concessionaires printed their best combined gaming revenue result in 20 quarters in the December 2024 quarter, but a sector-wide... more
MGM China seen hitting US$250 million in adjusted EBITDA in fourth quarter
MGM China should report Adjusted EBITDA of around HK$2 billion (US$250 million) for the December 2024 quarter, representing a 5%... more
Deputy Director Lio Chi Chong named acting Director of Macau’s DICJ
According to the Macau government’s Official Gazette, Deputy Director Lio Chi Chong has been appointed as Acting Director of the city’s... more
Seaport: Improved China economy, return to traditional money movement methods to drive Macau to 8% year-on-year GGR increase in 2025
Macau’s gross gaming revenue is seen growing by 8% year-on-year in 2025, driven by increasingly positive China sentiment towards Macau,... more
Macau’s early 2025 “solid,” boding well, Jefferies analyst says
The new year is off to a stronger start than 2024, according to Jefferies Equity Research analyst Anne Ling. In a January 6 investor note,... more
Macau mass-gaming revenue and development pipeline key to 2025 for Las Vegas Sands
Macau mass-market gaming-revenue share will likely be the biggest element to the 2025 story for Las Vegas Sands, according to Deutsche... more
Wall Street Bets: DraftKings, U.S. revenue, Las Vegas Strip, Macau
DraftKings outlook tweaked Analyst Joseph Greff of J. P. Morgan on January 2 looked at DraftKings’ prospects for 2025. “We are tweaking... more
Macau growth likely, U.S. more constrained in 2025, Jefferies analyst says
Casinos in the United States’s regional markets will “remain competitive and choppy.” Las Vegas, likewise, is a mixed bag for major... more
Deutsche Bank bullish on Wynn Resorts in 2025
Deutsche Bank has issued a bullish outlook for Wynn Resorts stock in 2025 with a price target about $30 higher from where it’s trading at... more
MGM Resorts considers new fees at its properties in 2025, analyst writes
Deutsche Bank, in a note to investors, looked beyond the challenged first quarter of 2025, which is hindered by the “optically... more
