Location: Macau
Wynn Resorts reports record adjusted earnings for North American properties
Wynn Resorts set a record for adjusted earnings in both the fourth quarter and 2022 as a whole for its Las Vegas and Boston properties, as... more
MGTO claims less than 5% of visitors to Macau are gamblers
The Macau Government Tourist Office (MGTO) claimed Wednesday that less than 5% of visitors to Macau are there specifically to gamble,... more
JP Morgan: Macau GGR maintaining strength through early February
Macau’s post-COVID recovery has continued into early February, analysts say, with gross gaming revenue staying strong at an estimated... more
Macau GGR climbs to MOP$11.58 billion in January, highest in three years
Macau’s casinos recorded gross gaming revenue of MOP$11.58 billion (US$1.43 billion) in January, the highest monthly GGR figure since... more
JP Morgan: Macau’s mass gaming revenues may have reached 70% of pre-COVID levels during Chinese New Year
Macau’s mass market gaming revenues may have recovered to between 60% and 70% of pre-COVID levels during the Chinese New Year “Golden Week”... more
Macau hotel occupancy rate fell to just 38.4% in 2022 but MGTO says hopes high for year ahead
The average occupancy rate of Macau’s hotels throughout 2022 fell to just 38.4%, down 11.7 percentage points compared to 2021, according to... more
G2E Asia to return in 2023 with two shows in Singapore and Macau
Industry trade show G2E Asia will return not once but twice in 2023, with “G2E Asia Special Edition: Singapore” to take place at Marina Bay... more
Macau Chief Executive reiterates need for non-gaming investment during tour of Cotai IRs
Macau Chief Executive Ho Iat Seng reiterated the importance of developing more non-gaming infrastructure, citing strong hotel occupancy... more
Las Vegas Sands details New York casino proposal
Two weeks after Las Vegas Sands announced plans to pursue the development of a multi-billion-dollar flagship casino project on Long Island,... more
Las Vegas Sands optimistic despite continuing challenges in Asia
Las Vegas Sands reported today that travel restrictions and reduced visitation continue to impact the company’s financial results in Macau,... more
