Location: Macau
Macau Legend says it did not agree to release Cape Verde project to government, challenges recent seizure
Former Macau casino operator Macau Legend Development Limited says it did not agree to a handover of the building and assets comprising its... more
Seaport adjusts down price targets for most gaming stocks on slowing growth in Macau and Las Vegas
Seaport Research Partners said in a Thursday note that it has marginally adjusted downwards the price targets for most gaming stocks,... more
JP Morgan: Macau GGR stable through first 11 days of January
Investment bank JP Morgan said in a research note that Macau’s gross gaming revenues for the first 11 days of January were estimated at... more
J.P. Morgan lowers MGM’s Strip earnings estimate to end 2025 and begin 2026
J.P. Morgan has lowered its Las Vegas Strip earnings estimate for MGM Resorts International but projects a slightly higher stock price in... more
Wynn Resorts CFO Julie Cameron-Doe retiring, replaced by Craig Jeffrey Fullalove
Wynn Resorts announced that Craig Jeffrey Fullalove will succeed Julie Cameron-Doe as chief financial officer after she retires in... more
Citi: Incremental opex increases likely hindered leverage improvement for Macau concessionaires in fourth quarter
Operating leverage across the Macau casino industry would have been much improved in the December 2025 quarter were it not for increased... more
Seaport: Macau GGR quite strong in early January at possibly over US$105.9 million per day
Following a surprisingly weak end to 2025 when Macau’s December gaming revenues missed consensus by some margin on low VIP hold, the first... more
Moody’s: After challenging year, SJM likely to reduce leverage in 2026 on higher EBITDA and modest debt reduction
Moody’s Ratings says it expects SJM Holdings – the Hong Kong-listed parent company of Macau concessionaire SJM Resorts S.A. – to reduce its... more
Lawrence Ho-linked Black Spade Acquisition III prices IPO, targets NYSE debut today
Black Spade Acquisition III Co, a special purpose acquisition company (SPAC) sponsored by an affiliate of Black Spade Capital – the family... more
Wall Street Bets: Las Vegas Strip, Macau
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Growth in Macau Dan Politzer of J. P. Morgan on... more
