INDUSTRY BRIEF: Macao gaming revenue up 6.7% in May
Macao’s gross gaming revenue (GGR) for May totaled 22.61 billion patacas ($2.8 billion), up 6.7% year-over-year and a 13.7% increase from the previous month, Macao's Gaming Inspection and Coordination Bureau…
INDUSTRY BRIEF: Macao gaming revenue rises 14% in first quarter
Macao’s gross gaming revenue (GGR) totaled 22.6 billion patacas ($2.8 billion) in March, up 15% year-on-year, the city’s Gaming Inspection and Coordination Bureau (DICJ) said on Wednesday, exceeded market expectation…
Sa Sa spruces up sales but will it be just a cosmetic lift?
The Hong Kong drugstore chain has delivered double-digit growth in quarterly sales, driven by tourist and online spending, after axeing its Chinese stores Key Takeaways: Third-quarter revenue rose 12.5%, boosted…
BRIEF: SJM completes L’Arc Hotel acquisition
Macao casino operator SJM Holdings Ltd. (0880.HK) announced on Sunday that it completed its acquisition of Arc of Triumph Development Co. Ltd. on Dec. 17, making Arc a wholly owned…
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…
INDUSTRY BRIEF: Macao’s gaming revenue hits year-high in August
Macao’s gross gaming revenue reached 22.16 billion patacas ($2.76 billion) in August, up 12.2% year-on-year and edging up 0.14% from the previous month, the city’s Gaming Inspection and Coordination Bureau…
INDUSTRY BRIEF: Macao’s June gaming revenue jumps nearly 20%
Macao’s gross gaming revenue totaled 21.06 billion patacas ($2.6 billion) in June, up 19% year-on-year though slipping 0.6% from May, the city’s Gaming Inspection and Coordination Bureau said on Tuesday.…
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