Location: Asia
JP Morgan: No signs of pre-CNY slow-down for Macau operators
Macau’s casino operators generated an estimated $320 million or $80 million during the first four days of February, keeping it in line with... more
Wall Street Bets: Analysts discuss prospects for Flutter, Wynn Resorts
Flutter In a Feb. 2 statement, Jefferies analyst David Katz noted that investors were “particularly engaged” by the listing of Flutter on... more
Citi raises Macau FY24 GGR forecast to $29 billion after stronger than expected January result
Citi analysts have raised their growth forecast for FY24, with gross gaming revenues now tipped to reach $29 billion, equivalent to 79% of... more
PAGCOR income from gaming operations hits $1.3 billion in FY23
Philippines gaming regulator PAGCOR has announced net income from gaming operations of $1.30 billion in 2023, up 32.8% year-on-year and... more
“High-quality” assets drive Wynn bond rating
Fitch Ratings analysts issued a BB- rating to Wynn Resorts and affiliated entities today. Similar ratings were placed on Wynn’s debt and... more
Macau hotel occupancy rate climbs to 81.5% in 2023
Macau’s hotel occupancy rate reached 81.5% in 2023, representing an increase of 43.1 percentage points compared with the previous year... more
Macau’s gaming workforce falls by 3,600 in 4Q23
The number of Macau locals employed in the gaming and junket industry declined by 3,600 quarter-on-quarter in the three months to 31... more
Sands China names Grant Chum as new CEO and president amid executive reshuffle
Grant Chum has been named as Sands China’s new CEO and President amid a raft of senior executive changes announced by the company late... more
Las Vegas Sands bullish on Macau recovery, interested in Dallas resort
A strong showing in Singapore boosted Las Vegas Sands’s fourth-quarter earnings and management remains optimistic that Macau will follow a... more
Las Vegas Sands’s fourth-quarter results climb
Las Vegas Sands Corp. reported financial results for the fourth quarter that showed big gains in net revenue, operating income, and... more


