Location: Macau
Macau GGR climbs to US$991 million through first two weeks of May
Macau’s gross gaming revenue has maintained strength in the weeks since the May Day Golden Week holiday period, with GGR through the first... more
Wynn reports record adjusted property earnings
Wynn Resorts reported an all-time record for adjusted property earnings during the first quarter in a conference call with Wall Street... more
Wynn compares Al Marjan Island project to Las Vegas
Wynn Resorts CEO Craig Billings told Wall Street analysts Tuesday that the company’s planned resort in the United Arab Emirates is more... more
Macau concessionaires face US$615,000 fines should they breach new gaming credit law
The Macau SAR Government has introduced a new gaming credit bill which if passed would introduce a number of penalties, including a maximum... more
Macau’s May GGR run-rate already 31% higher than April levels: JP Morgan
Macau’s gross gaming revenue for the first seven days of May is already running 31% higher than April GGR, with daily revenues sitting at... more
Macau hotel occupancy climbed to 85% during Golden Week holiday period
According to information from the Macao Government Tourism Office (MGTO), the average occupancy rate of Macau’s hotels during the recent... more
Wall Street Bets: Analysts take on MGM momentum, VICI progress, Macau recovery
According to Truist Securities analyst Barry Jonas, MGM Resorts International’s May 1 earnings call regarding the operators 2023 1st... more
Chinese tourists flock to gambling hub Macau
Hundreds of thousands of mainland Chinese visitors have descended on the world’s biggest gambling hub of Macau for the Labor Day holiday,... more
Macau collects US$1.25 billion in gaming tax in 1Q23
The Macau government generated MOP$10.1 billion (US$1.25 billion) in gaming tax revenue in the March 2023 quarter, up 15.8% on the MOP$8.7... more
MGM’s first quarter “one of the best ever”
How good was MGM Resorts International’s first quarter in 2023? According to CEO Bill Hornbuckle, few, if any, quarters have been better... more


