Archive

_2021-01-02
Macau ended its annus horribilis on a slightly brighter note, with December gross gambling figures showing the best performance since January.

_2020-12-07
Macau's gross gambling revenue is down about 73 percent in the month to date compared with the same period last year and is down 11 percent from the prior month, analysts at Bernstein Research wrote in a note.

_2020-07-20
Macau has seen improved visitation since the easing of travel restrictions with Mainland China, though progress is slow and a V-shaped recovery is not expected, Bernstein Research said in a note.

_2020-03-20
Macau gross gambling revenue is likely to bounce back with an increase of 55 percent next year and Galaxy Entertainment is one of the best-placed stocks in the longer-term growth story, Bernsten Research wrote in a note.

_2019-10-22
The IMF has explained why it cut Macau’s economic forecasts for this year,  blaming a negative performance in the first half, falling investment and lower gambling revenue.

_2019-08-15
Macau said it has collected MOP67.2 billion ($8.4 billion) in tax revenue from gaming operators in the seven months through July, more than two thirds of its forecast for the year.

_2019-01-02
Gross gambling revenue in Macau rose 14 percent in 2018, with December topping consensus forecasts with a gain of 16.6 percent.

_2018-12-17
Universal Entertainment has released a revised business results forecast for the calendar year 2018 which is sharply lower than what it had projected in May.

_2018-11-30
A more than $1 billion legal dispute with Walt Disney Co. and Fox Entertainment over a planned theme park is capping off a roller coaster of a year for Genting Malaysia, with analysts slashing their forecasts for the group.

_2018-11-12
SkyCity Entertainment says its international business is up 36 percent in the year through to November, though domestic revenue is lagging.

_2018-03-13
Deutsche Bank has cut its share price target for Wynn Resorts to $215 from $221, though the firm reiterates its buy rating and says all indications po

_2018-03-12
Shares in Macau’s gaming operators have surged 82 percent since the fourth quarter of 2016 and as a result most are overvalued, with investors faili

_2018-03-11
Gross gambling revenue for March currently appears on track to record growth of between 9 percent and 12 percent, lower than earlier estimates due to

_2018-02-18
Star Entertainment posted a 15.9 percent increase in H1 revenue as its international business rebounded, though statutory profit was hit by an abnorma

_2017-05-01
Japanese gaming preferences point to a bonanza for slot machine suppliers once casinos open in the country, with local manufacturers likely to provide

_2016-10-03
Connectivity and positioning of resorts on the Cotai strip is likely to be key to the speed of the ramp up of the properties and its importance may ha

_2015-09-21
As revenue declined month after month this year, Macau casino analysts have steadily cut their estimates for how the year will turn out, Bloomberg rep