Location: Macau
Fitch affirms Macau’s “AA” rating with gaming tax revenue forecast to “well exceed” government target in 2026
Ratings Agency Fitch has affirmed Macau’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at “AA” with a Stable Outlook, citing... more
Macau’s pre-CNY slowdown begins with GGR down 14% in early February
Macau’s pre-Chinese New Year (CNY) slowdown has begun, according to Citibank, with gross gaming revenue for the first eight days of... more
MGM Resorts reports $4.6 billion in fourth-quarter revenue, up 6% year-over-year
MGM Resorts on Thursday reported fourth-quarter and full-year results for 2025. “MGM Resorts once again saw the benefit of a diversified... more
Wall Street Bets: Genius Sports, Macau, New York online sports betting, Las Vegas Sands
Genius Sports outlook Barry Jonas of Truist Securities on February 2 commented on a recent meeting with Genius Sports: “We hosted investor... more
Macau GGR up 24% year-on-year to US$2.81 billion in January
Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ), reported industry-wide gross gaming revenue of MOP$22.6... more
Las Vegas Sands forecast to exceed US$5 billion in EBITDA for first time post-COVID this year on Macau growth, Singapore strength
Las Vegas Sands is forecast to exceed US$5 billion in group-wide EBITDA for the first time since 2019 this year, aided by the continued... more
Sands China disappointed in Q4 EBITDA result but enhanced promotional push heading in the right direction
Sands China executives told analysts during parent company Las Vegas Sands’ 4Q25 earnings call that they remain disappointed with the... more
Sands executives exuberant over Singapore fourth quarter
Calling it the “greatest quarter in the history of casino-hotels,” Las Vegas Sands reported Marina Bay Sands (MBS) in Singapore recorded... more
JP Morgan: Macau GGR estimated at US$2.22 billion through first 25 days of January as strength holds
Investment bank JP Morgan is maintaining its forecast for Macau’s gross gaming revenue to grow by between 15% and 20% year-on-year in... more
Gaming analyst favors Sands, DraftKings in soft fourth quarter
“Gaming stocks are carrying a lot of baggage and negativity right now,” wrote J.P. Morgan analyst Daniel Politzer in a January 23 investor... more
