Wednesday, June 29, 2022


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GGR for 2015 expected to decline 27 percent: UBS


UBS has revised its Macau gaming revenue growth expectations for the next three years with GGR in 2015 expected to come in at negative 27 percent, a d

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Macau May GGR down 37.1 percent


Macau gross gaming revenue fell 37.1 percent in May to MOP 20.3 billion ($2.5 billion), making a full year of monthly declines, according to official

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Macau economy shrinks nearly 25 percent in 15Q1


Macau’s economy shrank 24.5 percent in the first quarter of 2015 compared to the same period the year before, and down further from the 17.2 percent

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Crime spikes in 15Q1 as revenues fall


Casino-linked crimes in Macau rose in the first quarter of 2015 as revenues plummeted, with the number of illegal detentions involving forced collecti

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Macau tourism spending slumps in 15Q1


Macau tourism spending, excluding gaming, dropped 16.2 percent in the first quarter as overnight visitors spent less on shopping. Total spending was M

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Macau Legend reports a 21.1 percent decrease in revenue


Macau Legend Development reported a 21.1 percent decrease in revenue for the first three months of 2015 compared to the same period the year before. T

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MGM Resorts makes capital expenditures of $292 million in 15Q1


MGM Resorts made capital expenditures of $292 million in the first three months of 2015, of which $146 million related to MGM China, the company annou

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Caesars Entertainment net revenues up 21 percent in 15Q1


Caesars Entertainment Corporation posted a 21 percent year-on-year increase in net revenues for the first quarter of 2015, driven by strong performanc

Union Gaming maintains Buy ratings for MGM, SJM


Union Gaming says it maintains its Buy ratings for both MGM and SJM following the company’s first quarter 2015 financial results. MGM’s total reve

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Sands China profit drops 54.2 percent in 15Q1


Sands China reported its latest quarterly figures, with profit decreasing 54.2 percent to $344.6 million in 15Q1 after all its properties saw big decl

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More downsides expected in 15Q1: MSR


Morgan Stanley Research predicts Macau will see another sequential decline in EBITDA of 14 percent QoQ and 38 percent YoY in 15Q1 , with no signs of a

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