Location: Macau
Wynn Resorts says luxury segment in Las Vegas remains healthy
Wynn Resorts reported healthy demand in Las Vegas for its luxury segment during the third quarter, saying revenue rose 1% and adjusted... more
Wynn Resorts reports flat third-quarter earnings
Wynn Resorts reported slight gains in revenue and a slight loss in adjusted earnings in its third-quarter results on Monday. Operating... more
Macau GGR hits new post-pandemic high of MOP$20.8 billion in October
Macau’s gaming operators generated gross gaming revenues of MOP$20.8 billion (US$2.60 billion) in October, a new post-pandemic high thanks... more
MGM China looking to stabilize Macau market share in mid-teens via major upgrade projects
MGM China has outlined a series of substantial upgrade projects across its two Macau integrated resorts as key to sustaining market share... more
Sands China shows sequential growth in third quarter
Sands China reported net revenues of US$1.77 billion in the three months to 30 September 2024, down 1% on the same period in 2023 but... more
Las Vegas Sands sees “business as usual” with Macau’s new chief executive
Las Vegas Sands executives weighed in Wednesday on the naming of Macau’s former top judge as the next leader of the Chinese casino hub. Sam... more
Las Vegas Sands reports year-over-year declines in Q3
Las Vegas Sands reported across-the board year-over year declines in third-quarter revenue, income, and property earnings, citing... more
Travel industry rep calls for crackdown on illegal tour groups as Sands China confirms no entry fees at its Macau resorts
Macau concessionaire Sands China told Inside Asian Gaming it has never charged any entry fees to its Macau integrated resorts amid calls... more
Q3 earnings season kicks off with Las Vegas Sands on Wednesday, Boyd on Thursday
Third-quarter earnings season for the gaming industry kicks off in earnest Wednesday when Las Vegas Sands reports what’s happening in Macau... more
Analyst estimates suggest 39% drop in Macau gaming revenues over past week on post-holiday lull
Macau’s gross gaming revenues fell by an estimated 39% to around MOP$514 million (US$64.1 million) per day in the week to 20 October, down... more
