Saturday, June 25, 2022


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Las Vegas Strip revenues down 2 percent in July


Las Vegas Strip revenues were $525 million in July, down 2 percent year-on-year and in-line with expectations, Wells Fargo said in a note. Analyst Ca

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Visitor arrivals to Macau down 3.8 percent in July


Visitor arrivals to Macau totalled 2.6 million in July, up by 17.8 percent month-on-month but down by 3.8 percent year-on-year. Visitors from Mainland

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China lottery sales slip 27.3 percent in July


China’s lottery sales slipped 27.3 percent year-on-year in July to RMB27.1 billion ($4.2 billion), according to state-news service Xinhua. Citing th

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AGEM Index posts 5 percent gain in July


After reporting month-to-month declines for two consecutive months, the AGEM Index posted a 5 percent gain in July. The composite index ended the mont

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Macau casino stocks plunge 55 percent from 2014 peak


Macau casino shares are down 55 percent from their January 2014 peak,  despite rallying 21 percent in July, according to Bloomberg Intelligence analy

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Macau GGR in July not low enough to warrant austerity


In light of July’s gross gaming revenue, Macau Secretary for Economy and Finance Lionel Leong said the figure is not low enough to warrant austerity

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Iao Kun rolling chip turnover down 72 percent in July


Iao Kun Group Holding, a VIP room gaming promoter, announced its unaudited rolling chip turnover at its Macau rooms for July was $0.44 billion, down 7

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Macau July GGR tracking for around 35 percent drop


Macau table-only gross gaming revenue in July is estimated to fall around 35 percent year-on-year according to current revenue checks. According Stern

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Macau may discuss austerity in August


Macau’s Finance Secretary Lionel Leong said gaming revenue in July may drop to below MOP18 billion ($2.25 billion) which would prompt the government

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Messages from Macau, Beijing mixed


Maybank Research says the messages from Macau and Beijing remain mixed with the recent proposed total smoking ban and Beijing’s new transit visa rul

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Macau GGR for month through July 5 at $394m


Macau GGR for the month through July 5 was MOP 3.15 billion ($394 million), while the average daily rate was MOP630 million, higher than May's rate of

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July should not warrant austerity measures says Lionel Leong


The government is prepared to resort to austerity measures if July’s gaming revenue fails to reach MOP18.35 billion, though it will unlikely come to

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