Location: Macau
Analyst: Wynn Resorts looks solid for second quarter
Ahead of the release of Wynn Resorts’s second-quarter earnings, Deutsche Bank is trimming its forecasts for Wynn Macau, while raising its... more
Macau gaming tax take up 8.9% to $967 million in June
The Macau SAR government recorded revenue from gaming tax of MOP$7.78 billion (US$967 million) in June, up 8.9% compared with May’s gaming... more
Analyst: Lower market share in Macau will impact Las Vegas Sands’s second quarter
As Las Vegas Sands Corp. prepares to unveil second-quarter earnings in mid-July, a Deutsche Bank analyst says a lower market share in Macau... more
Analyst: Macau’s temporary down swing not unexpected
Macau’s gambling revenue is on a downward trend in early July, wrote Jefferies Equity Research analyst Andrew Lee. Mass-market gambling is... more
Analyst: Macau surpassed lowered expectations for June
Jefferies Equity Research analyst David Katz called Macau casino revenues for June “modestly positive” for gaming stocks. “The June results... more
Macau GGR down 12% month-on-month to $2.2 billion in June
Macau’s casino operators generated gross gaming revenue of MOP$17.7 billion (US$2.20 billion) in June, up 16.4% year-on-year but down 12.4%... more
Seaport: Non-gaming to contribute 15% of Macau concessionaire revenues in 2024
Macau’s diversification efforts appear to be showing some positive impact, with Macau’s non-gaming sectors seen contributing around 15% of... more
JP Morgan: Macau weekly GGR estimated at lowest level in six months
Macau’s gross gaming revenues have fallen to their lowest level in more than six months in June, with GGR for the first 23 days estimated... more
MGM China planning international notes offering for professional investors
MGM China Holdings Ltd has announced plans to conduct an international offering of Notes to professional investors, primarily to repay a... more
Aruze granted gaming license approvals in seven jurisdictions, to open offices and distributorships
Aruze Gaming Global on Tuesday said it recently has been granted approvals for gaming licenses in Pennsylvania, Virginia, Saskatchewan,... more
