macao

SJM is dealt a tough hand in Macao gambling shake-up

SJM is dealt a tough hand in Macao gambling shake-up

The gaming company is shedding most of its satellite casinos and focusing on core assets in a restructuring that has taken a chunk out of quarterly earnings   Key Takeaways: Bucking…
0880.HK
Illustration of a slot machine in a Macau casino

Macao’s end of an era, and a ghost ship in search of a business

An era has ended in Macao with the planned closure of the city's remaining "satellite casinos" by the end of the year. Does this represent the latest step in the corporatization of Macao? And former financier-turned-educator-turned -food seller Qudian has announced it's pulling out of its latest foray into last-mile delivery. What value for investors is there in this kind of ever-changing company?
QD.US
Melco International will close operations of Grand Dragon Casino.

‘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…
0200.HK 0027.HK 0880.HK

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