INDUSTRY BRIEF: Macau’s gaming revenue falls for second consecutive month
Macau’s gross gaming revenue in January fell 5.6% year-on-year to 18.25 billion patacas ($2.24 billion), the Macau Gaming Inspection and Coordination Bureau announced on Monday, as the market loses momentum…
BRIEF: SJM to buy commercial building in Hengqin for $75 million
Casino operator SJM Holdings Ltd. (0880.HK) announced on Wednesday that it has agreed to buy a nine-story office building in Zhuhai’s Hengqin district from Shun Tak (0242.HK) for 546 million…
INDUSTRY BRIEF: Macau gaming revenue rises 14.9% in November
Macau’s gaming industry recorded gross revenue of 18.44 billion patacas ($2.3 billion) in November, up 14.9% year-on-year but down 11.3% from the previous month, according to the latest data from…
Wynn Macau’s results miss the mark as gaming boom cools
Lower income from resort hotels and retail outlets has crimped the casino operator’s quarterly earnings, disappointing investors Key Takeaways： Wynn Macau revenues rose 6.3% to $870 million in the third…
INDUSTRY BRIEF: Macau’s gaming revenue growth slows in August
Macau's gaming revenue totaled 197.5 billion patacas ($24.55 billion) in August, up 14.8% year-on-year and a 6.2% rise month-on-month, the city’s Gaming Inspection and Coordination Bureauannounced. That brought cumulative gaming…
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…
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