‘Satellite casino’ era winds down in transforming Macao
The phasing out of smaller casinos operated by licensed gaming firms in non-gaming properties could help to boost gaming company margins Key Takeaways: All 11 of Macao’s “satellite casinos” will…
Sands China gambles on room revamp to revive flagging profits
The Macao casino operator has reported a drop in quarterly profit but is banking on demand for its refurbished rooms during May’s Golden Week holidays Key Takeaways: Sands China’s first-quarter…
Lady luck looks away from Sands China
The casino operator’s revenue declined in last year’s fourth quarter as the Macao gaming sector’s post-pandemic rebound lost steam Key Takeaways: Sands China reported its revenue fell 5% year-on-year in…
BRIEF: Galaxy Entertainment Chairman Lui Che Woo dies at 95
Galaxy Entertainment Group Ltd .(0027.HK), one of Macau’s leading casino operators, announced on Monday that its Chairman Lui Che Woo died last Thursday at the age of 95. Lui was…
Galaxy Entertainment beats the odds with solid results as Macau gaming rebound slows
Macau’s most profitable casino operator posted strong revenue growth in the first half of the year as the city’s post-pandemic tourism rebound continued Key Takeaways: Galaxy Entertainment’s profit rose more…
MGM China looks like worthwhile bet among Macau gaming stocks
The casino operator’s interim results showed that both its revenue and profits rebounded to above pre-pandemic levels Key Takeaways: MGM China posted a profit of nearly HK$2.7 billion in the…
Despite improvement, shrinking SJM runs low on luck
The former casino powerhouse’s revenue rose 73% in the first quarter, but it continued to lose money as it lagged many of its peers Key Takeaways: SJM Holdings lost HK$74…
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‘Satellite casino’ era winds down in transforming Macao
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