Archive

_2021-03-30
It’s a term that’s frequently over-used, but if you were a land-based gaming operator in Asia last year, it truly was an “annus horribilis.”

_2021-03-15
The Macau gross gambling revenue is creeping higher, but hopes for a near-term boost from a reopening with Hong Kong may have faded after a new cluster of Covid-19 the latter city.

_2021-03-01
Macau Gross gambling revenue (GGR) in March is expected to be down in the low to mid-sixties percent from the same month last year, though visitation is expected to improve in Spring and travel with Hong Kong may resume from Q2, Bernstein Research said...

_2021-02-26
Macau GGR recovery will be driven by premium mass, whilst Cambodia’s gaming recovery will be driven by the VIP segment, according to analysts at Colliers International. 

_2021-02-23
SJM Holdings says it now expects to open its delayed Grand Lisboa Palace on Cotai in the second quarter of this year and is eyeing “selective” opportunities for expansion in Asia.

_2021-02-16
Universal Entertainment is planning to test U.S. investor appetite for the Philippines by listing the holding company for its integrated resort business in Manila.

_2021-02-01
Macau’s gross gambling revenue dropped 63.7 percent in January, better than analysts had been expecting after renewed Covid-19 clusters on Mainland China slowed visitation later in the month.

_2021-01-21
Bank of America/Merrill Lynch has added its voice to other recent commentary pointing to significant upside for Summit Ascent due to optimism over its projects in Russia and the Philippines.

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

_2020-12-01
Macau’s monthly revenue disappointed to the downside again in November, prompting another round of estimate cuts and further pushing out the prospects for a full recovery.

_2020-10-08
The simplification of visa procedures for Chinese visitors is key to drive a more robust recovery in Macau, where this year’s Golden Week figures proved disappointing, according to a note from Bernstein Research.

_2020-10-06
Paradise Co., which operates foreigner-only casinos in South Korea, saw an improvement in sales in September from the prior month, even though they were down 71 percent from the prior year.