Location: Macau
Las Vegas Sands: Travel restrictions and reduced visitation continue to impact financial results
Las Vegas Sands Corp. said travel restrictions in Asia continued to impact its financial results during the third quarter, but they... more
Macau industry debt now at US$24 billion on expected US$600 million Q3 EBITDA loss: Morgan Stanley
The industry wide debt of Macau’s six casino concessionaires is estimated to have reached US$24 billion as of 30 September 2022, further... more
Wynn Resorts hopeful about Macau, ready for Massachusetts sports betting
Executives of Wynn Resorts expected eight submissions for six casino licenses in Macau, meaning two challengers in addition to the six... more
Macau tender bidders told to up spending proposals, says CS
A “channel check” by Credit Suisse (Hong Kong) Ltd indicates that the Macau gaming-concessions public tender process “is not as... more
Macau’s mass GGR back to 35% of pre-COVID levels during Golden Week: JP Morgan
Gross gaming revenue in the mass market segment returned to between 30% and 35% of 2019 levels during the recent National Day Golden Week... more
Outbreak fears as five new COVID-19 cases confirmed in Zhuhai after Golden Week
The Zhuhai government reported that five confirmed cases of COVID-19 were detected on Sunday 9 October, marking the city’s first potential... more
Analyst outlook on Macau is ‘murky’ following September revenue decline
Travel restrictions from Mainland China and zero-COVID policy measures have sent Macau gaming revenue totals tumbling more than 53 percent... more
Holiday with September gaming uptick show promise for Macao
Macao casinos had their best month since May in September and operators are optimistic that this year’s Golden Week national holiday, which... more
Macau September GGR was MOP$2.96 billion, down 49.6% year-on-year
Macau’s September 2022 GGR was MOP$2.96 billion (US$370 million), down 49.6% compared to the same month last year, according to figures... more
New Macau policy cheers Wall Street
Stocks of four publicly traded Macau casino concessionaires trended sharply upward on the Dow Jones and Nasdaq this morning upon news that... more
