Location: Asia
MGM increases Osaka IR equity investment to $3 billion but bullish on expected returns
MGM Resorts International revealed Thursday that it has increased its projected investment into its Japan integrated resort project in... more
Macau GGR comes in at US2.45 billion in April, up 1.7% year-on-year
Macau’s gaming industry generated gross gaming revenues of MOP$18.86 billion (US$2.36 billion) in April, up 1.7% compared with the same... more
MGM talks up Marriott partnership success on Q1 earnings call, announces $2B share buyback
MGM Resorts International’s first quarter 2025 revenue dipped slightly – down 2% year-over-year to $4.3 billion – a decrease that... more
With casinos coming to the United Arab Emirates, New Jersey to help its regulators
Now that gambling companies have set their sights on the United Arab Emirates, New Jersey gambling regulators say they will work with their... more
SJM gaining some market share in base mass but satellite uncertainty remains
SJM Resorts appears to be taking some market share in the base mass segment as rival concessionaires focus their energies on the lucrative... more
Macau authorities estimate 3.4 million to 3.5 million people will enter and exit Macau during May Day Golden Week.
Macau’s Public Security Police Force said it anticipates between 3.4 million and 3.5 million people will enter and exit Macau via its... more
Macau gaming tax reaches US$2.8 billion in first quarter representing 88% of all government revenue
The Macau government collected MOP$22.2 billion (US$2.79 billion) in gaming tax revenue in the three months through 31 March 2025, just... more
Wall Street Bets: GLPI, Double Down Interactive, Churchill Downs, Macau, Boyd
GLPI’s results favorable Jefferies’ David Katz on April 27 looked at GLPI’s status. “The company continues to demonstrate... more
Fitch: Not implausible to see US operators forced to sell Macau casino interests should US-China relations deteriorate further
Macau’s three US operators could see their 10-year concessions terminated or not renewed when they expire in 2032 under a “worst-case... more
Analysts maintain Buy rating for Las Vegas Sands despite Macau results
Equity analysts have maintained their Buy rating for Las Vegas Sands, despite first-quarter Macau results coming in lower than expected.... more
