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.

_2020-07-20
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.

_2018-11-12
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