Location: Macau
February GGR comes in at $2.28 billion, boosted by Lunar New Year Golden Week
Boosted by the Chinese New Year Golden Week, Macau’s gross gaming revenue in February 2024 amount to $2.3 billion. Macau recorded 1.36... more
Analyst: Wynn Resorts a “compelling” value
In an investor note released today, J.P. Morgan analyst Joseph Greff hailed Wynn Resorts as “one of the more compelling risk-rewards... more
Lei Wai Nong: Macau’s GDP to grow 10.3% in 2024
Macau’s GDP is expected to grow by 10.3% in real terms in 2024, recovering to 90% of 2019 levels according to Macau’s Secretary for Economy... more
Analyst: MGM Resorts “measured” on BetMGM’s future
When David Katz of Jefferies Equity Research met yesterday with MGM Resorts International executives, he found the company “bullish” about... more
Wall Street Bets: Analysts take on Alabama, DraftKings, NJ sports betting, Chinese New Year
Alabama gambling legislation Analyst David Katz of Jefferies examined the possibility of Alabama legalizing gambling. “HB151, a proposed... more
Macau Chief Executive maintains 2024 GGR forecast of $26.8 billion
Macau’s Chief Executive, Ho Iat Seng, said Tuesday that the government is maintaining its GGR forecast for 2024 at $26.8 billion. It was... more
Wall Street Bets: Red Rock Resorts, gambling vote in Alabama, Wynn Resorts
Red Rock Resorts Red Rock Resorts’s 2023 4th quarter results were generally positive, according to analysts. According to J. P. Morgan... more
MGTO expecting 960,000 visitors to Macau across eight-day Chinese New Year holiday
The director of the Macao Government Tourism Office (MGTO), Maria Helena de Senna Fernandes, said at least 960,000 people are expected to... more
F1 boosts Wynn Resorts’s fourth quarter, with Q1 jump expected from Super Bowl
Wynn Resorts set an all-time record for property adjusted earnings in the fourth quarter, bolstered by the Formula One Las Vegas Grand... more
Citigroup ups its 2024 Macau casino revenue forecast to MOP231 billion
Citigroup has revised its forecast for Macau’s 2024 gaming prospects, predicting that the casino industry could generate MOP231.3 billion... more



