Location: Asia
Wynn Resorts emphasizes Macau at J.P. Morgan forum
Representing Wynn Resorts, CFO Julie Cameron Doe showed the flag at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management... more
Sands has no Vegas regrets
Las Vegas Sands delegated Senior Vice President for Investor Relations Daniel Briggs to attend the J.P. Morgan Gaming & Lodging Forum... more
MGM China could be first Macau operator to reach pre-COVID mass revenue in 1Q23: Morgan Stanley
MGM China is on track to become the first of Macau’s concessionaires to see mass gaming revenues reach 100% of their pre-COVID levels this... more
JP Morgan: Better mix, lower OPEX to see Macau operators exceed pre-COVID profit levels by 2025
Macau’s casino industry is poised to equal pre-COVID EBITDA numbers by 2024, and exceed them in 2025, thanks to better gaming mix and lower... more
Fitch upgrades China’s 2023 economic growth forecast to 5.2%
Fitch Ratings has issued a “significant upgrade” to its China growth forecast for 2023, with the ratings agency now expecting the economy... more
Aspire Global acquisition pushes revenue up 228.1% at NeoGames in 2022
Online gaming technology provider NeoGames reported a 228.1% year-on-year increase in revenue for its 2022 financial year, driven by its... more
Macau government collects US$195 million in gaming taxes in January
The Macau SAR Government collected gaming tax revenue of MOP$1.58 billion (US$195 million) in January, representing a 51.5% decline on the... more
Macau GGR climbs 33% year-on-year to MOP$10.3 billion in February
Macau’s casinos recorded gross gaming revenue of MOP$10.32 billion (US$1.28 billion) in February, maintaining positive momentum following... more
Hong Kong follows Macau lead by lifting mandatory mask order for indoor and outdoor settings
Following Macau’s announcement on Sunday that the wearing of masks in indoor and outdoor settings is no longer required, Hong Kong has... more
Macau casinos confirm visitors, staff no longer required to wear masks
With the relaxation of mask wearing measures in Macau, gaming operators no longer require customers to wear masks when entering casinos.... more
