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Iao Kun rolling chip turnover down 72 percent in August

2015-09-02

Iao Kun Group Holding, a VIP gaming promoter, announced its rolling chip turnover was $0.44 billion from the company's VIP rooms in Macau in August, d

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Macau GGR results in August still a disappointment, growth in 2016 unrealistic: DB

2015-09-01

Despite Macau’s gross gaming revenue results beating expectations, August’s overall result was disappointing with growth in 2016 seeming “unreal

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Macau GGR falls 35.5 percent in August; better than consensus expectations

2015-08-31

Macau’s August gross gaming revenue fell 35.5 percent year-on-year to MOP18.62 billion ($2.33 billion), according to data released by the Gaming Ins

Galaxy to bounce back in second-half: deputy chairman

2015-03-22

Galaxy Entertainment Group’s deputy chairman said he is hopeful the company will bounce back after recent financial results, pinning future success

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Macau junket market to shrink further amid closures, expansion elsewhere

2015-02-26

Macau’s junket market is expected to shrink further in 2015 amid tight liquidity and falling VIP revenue, with some analysts warning that the system that helped create the world’s biggest gambling hub may be near broken. The number of licensed gaming...

UBS sees 5 percent drop in 2015 GGR as trends remain uncertain

2015-01-12

UBS said it expects Macau gross gambling revenue to fall by 5 percent in 2015, with VIP revenue likely to drop 11 percent, partially offset by a 4 pe

Iao Kun December rolling chip volume crashes 48 percent

2015-01-05

Iao Kun Group Holding, which operates junkets in Macau, said its rolling chip turnover for December slumped 48 percent to $0.71 billion from $1.36 bi

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