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Junket woes cause Donaco to post FY18H1 net loss

2018-02-27

Headaches caused by a former Thai junket impacted the earnings of Australia-listed Donaco International in the first half of the 2018 fiscal year. As

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China Star Ent records widened loss in 17H1

2017-08-29

China Star Entertainment, operator of Hotel Lan Kwai Fong in Macau, saw its loss widen by 225 percent to HK$127.1 million (US$16.2 million) for the si

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SJM posts narrowed profits in 2016

2017-02-27

Casino operator SJM Holdings saw narrowed profits in 2016, down 5.6 percent year-on-year to HK$2.3 billion, according to the company’s filing to the

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Crown’s Craigie exits, profits narrow FY17H1

2017-02-22

Australia-listed Crown Resorts on Thursday announced the departure of its chief executive after more than 20 years with the group. Instead of sourcing

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SA pokies spending at 13-year low

2016-11-28

Spending on poker machines has hit its lowest levels since 2003 in South Australia, with punters moving to online games, local media reports. Accordin

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Macau casino stocks dip following Crown staff arrests

2016-10-16

Macau’s casino shares saw a dip in price after it was announced that Chinese authorities detained 18 employees of Crown Resorts for suspected “gam

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Macau GGR soft last week, headed for decline

2016-08-22

Last week’s gross gaming revenue was softer than expected, says Bernstein - which pushes August GGR estimates down to -3 to -1 percent year-on-year

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DJI to raise $38.5 million via conditional placing

2016-07-02

China focused lottery and payment processing firm DJI Holdings on Friday announced a conditional placing of 30.5 million new ordinary shares, which wi

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Visitors on package tours down 34.2 percent in May

2016-06-29

Visitors on package tours totalled 541,000 in May, down 34.2 percent year-on-year, according to the latest statistics from the Macau Statistics and Ce

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Macau GGR picks up in second week of June

2016-06-12

Macau gross gaming revenue has picked up in the second week of June ahead of estimates, thanks in part to the recent dragon boat festival holidays, sa

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June GGR has weak start: Bernstein

2016-06-05

Macau’s gross gaming revenue last week was MOP 2.5 billion (US$312.5 million), implying ADR of MOP 510 million, said Bernstein in a note on Monday.

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RMB depreciation and Shanghai Disney a threat to Macau

2016-06-01

A survey of 1,000 Chinese gamblers has revealed that UnionPay and FX risks, as well as Shanghai Disney are near-term threats to Macau. In a note from

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Macau GGR down 9.6 percent in May

2016-05-31

Macau gross gaming revenue (GGR) was down 9.6 percent to MOP 18.4 billion (US$2.3 billion) in May, below analysts’ expectations, according to the la

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Moody’s downgrades Macau to Aa2, with negative outlook

2016-05-24

Ratings agency Moody's Investors Service has downgraded Macau's issuer rating to Aa3 from Aa2 on Wednesday, with a negative outlook given a protracted

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GGR off to strong start in May, Bernstein says

2016-05-09

Macau’s gross gaming revenue for the first week of May was off to a strong start, and is expected to be seasonally stronger than April, says Bernste

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Package tour visitors continue to decline

2016-05-01

Macau continued to receive fewer visitors coming through package tours in March, local media reports. The data, released by Macau’s Statistics and C

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Macau GGR down 9.5 percent, above consensus

2016-05-01

Macau’s casino gross gaming revenue (GGR) declined 9.5 percent year on year in April to MOP 17.3 billion (US$2.2 billion), according to official dat

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Melco and Wynn exposed to debt-ridden junkets

2016-04-24

Macau’s Melco Crown Entertainment Ltd and Wynn Resorts Ltd are most at risk of being exposed to debt-ridden gaming promoters, said Daiwa analysts, a

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Macau TPI falls, hotel rates to blame

2016-04-13

Macau’s Tourist Price Index for the first quarter of 2016 decreased 6.7 percent year on year, mainly due to lower hotel rates, says Macau’s Statis

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