Looking at the Chinese New Year visitation figures for Macau, it’s difficult not to be pessimistic about the near-term outlook for gaming in Asia, though analysts say underlying demand remains strong and there is likely to be a snap back once the situation...
Gaming analysts are scrambling to estimate the economic impact as the Wuhan coronavirus crisis escalates and all public celebrations of Chinese New Ye
Strong visitation during the Chinese New Year holidays does not have appeared to have given a significant boost to gross gambling revenue, according to Bernstein Research, citing channel checks.
Visitors to Macau reached a total of 842,574 during the first five days of the Golden Week holidays, representing a 26.7 percent increase from the pre
Macau casino operator, Melco Resorts says it is expecting business to be booming during the lunar new year holiday next month and has downplayed negat
Gross gambling revenue over the Chinese New Year period was disappointing, despite higher visitation to Macau, according to Bernstein analysis. Accord
Macau is expected to see a slight increase in visitors during the Lunar New Year period, said MGTO head Maria Helena de Senna Fernandes on Wednesday,
MGM China stock dropped more than 7 percent in Hong Kong trading on Thursday after the company announced a further delay to the opening of its new IR
The Ministry of Finance reported January lottery sales in Mainland China fell by 10.7 percent year on year to a total of RMB 29.2 billion ($4.23 billi
Macau recorded a strong start to February, raking in MOP 6.3 billion in the first week of the month (Feb 1-5), anoted Bernstein on Monday. The week
This year’s Chinese New Year holiday period saw a 9.9 percent increase in visitors compared to the year before, according to the Macau Government To
Macau will likely see a rise in hotel occupancy and visitor arrivals over the coming Chinese New Year holiday, says Chan Chi Kit, president of the Mac
Gross gaming revenue in Macau continued to slow down over the last week (Jan 16 to 22), with ADR of MOP 528 million, said Bernstein in a note on Monda
Macau has posted a particularly strong start to the new year, reporting a ADR of MOP 715 million, a 31 percent increase over December’s ADR, said Be
Macau Secretary for Economy and Finance, Leong Vai Tac has stood behind the MOP 200 billion forecast for casino gaming revenue in 2016, saying it was
Success Universe Group Limited deputy chairman Hoffman Ma Ho Man claimed 90 percent of the hotel rooms at Sofitel Macau at Ponte 16 were occupied duri
At least 30 employees at Resorts World Sentosa (RWS) in Singapore have been let go over the Chinese New Year period, according to local media. Grant G
Competition for hotel customers in Asia’s gambling hub is heating up now that the Lunar New Year holidays are over, according to local media. Macau
Louis XIII Holdings Limited, whose new luxury property is scheduled to open in Macau in late summer, says it will pay a Chinese New Year bonus for all
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