Location: Macau
Wall Street Bets: Churchill Downs, MGM, Sportradar, Macau
Truist Securities’ Barry Jonas looked at Churchill Downs on July 30: “Management laid out its growth outlook for Derby 2027 (and... more
Macau GGR down 8.4% year-on-year to US$2.51 billion in July
Macau’s gross gaming revenue reached MOP$20.3 billion (US$2.51 billion) in July, down 8.4% year-on-year although representing a slight... more
MGM China names director Jeny Lau as Chief Financial Officer
Macau concessionaire MGM China has appointed Jeny Lau, an Executive Director, as its Chief Financial Officer. In a Hong Kong Stock Exchange... more
CEO Kenneth Feng says MGM China’s reinvestment “package” philosophy aimed at optimizing casino yield
MGM China has described its Macau promotional and reinvestment strategy as a “package” approach aimed at optimizing the yield of every... more
MGM’s Q2 revenue up on solid Las Vegas performance
MGM Resorts International Wednesday reported 2026 second quarter revenue of $4.5 billion, an increase of 1% year-over-year. Net income... more
Sands China targeting completion of room and suite renovations at Venetian Macao by Chinese New Year 2028
A full renovation of all 2,900 hotel rooms and suites at The Venetian Macao is planned to be completed in time for Chinese New Year 2028,... more
World Cup impacts Las Vegas Sands’s bottom line in June
Las Vegas Sands reported a slowdown in Asian tourism in June, because the World Cup drove high-value customers to the U.S. to see the... more
Sands reports Q2 declines as earnings and revenue miss estimates
Las Vegas Sands reported across-the-board declines in revenue, income, and adjusted earnings during the second quarter. Net revenue was... more
Macau government gives green light for Wynn to proceed with new hotel development at Wynn Palace
According to the Macao SAR Official Gazette, a large-scale extension project planned for Wynn Palace that will see the addition of a new... more
Citi: Macau’s daily GGR up 9% week-on-week as World Cup distractions fade
Macau’s gross gaming revenue is estimated to have averaged MOP$679 million (US$84.0 million) per day in the week from 13 to 19 July, up 9%... more
