Location: Macau
Las Vegas Sands reports “strong growth” from Macau and Singapore
Las Vegas Sands reported first-quarter growth in revenue, income, and adjusted earnings based on the ongoing recovery in Macau and new... more
Bank of America updates casino earnings estimates ahead of this week’s kickoff
First-quarter earnings season kicks off Wednesday for the gaming industry when Las Vegas Sands Corporation reports. Bank of America... more
Citi: Early adoption of smart gaming tables to see MGM China maintain “technological advantage” over Macau peers through 2024
MGM China will maintain a technological advantage over its Macau peers throughout the remainder of this year and possibly into 2025 due to... more
Moody’s expecting Melco Resorts to reach $1.3 billion in adjusted EBITDA in 2024
The continued recovery of the Macau market should see concessionaire Melco Resorts & Entertainment increase its Adjusted EBITDA to... more
Morgan Stanley: Macau Q1 EBITDA likely to come in below GGR growth as operators deleverage
Macau’s 1Q24 EBITDA could come in below the 6% quarter-on-quarter GGR growth of 6%, suggesting operators are still heavily focused on... more
Macau holds its final horse race, ending a tradition of more than 40 years
MACAU (AP) — After more than 40 years, Macao’s horse racing track hosted its final races on Saturday, bringing an end to the sport in the... more
Wall Street Bets: Light & Wonder, Scientific Games. Gambling.com, Macau
Light & Wonder Truist Securities analyst Barry Jonas, in a March 21 post, commented on meetings the company hosted with Light &... more
Record Macau profits see MGM China terminate $750 million loan facility from parent MGM Resorts
Macau concessionaire MGM China has terminated a $750 million revolving loan facility provided by parent company MGM Resorts International... more
Wall Street Bets: Analyst take on Bally’s, US gaming trends, Golden Entertainment, Macau
Standard General/Bally’s Jefferies’ David Katz March 18 reviewed Standard General’s offer to acquire Bally’s. “The terms of the... more
JP Morgan: Macau GGR holding steady at $76 million per day through early March
Macau’s gross gaming revenue for the first 10 days of March came in at $757 million or $75.7 million per day, just 3% lower than the... more


