Archive

_2016-06-19
Macau’s ADR trends slowed in the third week of June as expected following strong performance in the second week, says Bernstein in a note on Monday.

_2015-07-30
The average hotel occupancy rate in June dropped notably by 10.6 percentage points year-on-year to 73.9 percent, according to data from the Statistics

_2015-07-22
Macau visitor arrivals totaled 2.2 million in June, down 7.6 percent year-on-year and 11.8 percent month-on-month, according to the Statistics and Cen

_2015-07-09
The AGEM Index fell to 192.28 in June 2015, which represents a decline of 4.70 points, or 2.4 percent, compared to the prior month.  The latest perfo

_2015-07-05
Sterne Agee said that June mass revenue was down 33.3 percent, its worst year-on-year decline in history, while VIP rolling chip volume was down 52.5

_2015-07-02
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

_2015-06-30
Macau’s gambling revenue fell to a five-year low in June of 36.2 percent, taking the fall in revenues to 13 straight months since China’s crackdow

_2015-06-23
 Hope that Galaxy Macau was going to bolster revenues may have been mislaid as June GGR is unlikely to go beyond Macau’s month-on-month GGR average

_2015-06-18
Secretary for Economy and Finance Lionel Leong indicated that the government would formulate internal austerity measures if June gaming revenues fell

_2015-06-16
The hype and grandeur of Galaxy has failed to lift the mood in Macau among more analysts, with Morgan Stanley saying despite the addition of new suppl

_2015-06-15
The American Gaming Association president and CEO Geoff Freeman will testify at the Internal Revenue Service public hearing on June 17, the AGA announ

_2015-06-15
Gross gambling revenue in Macau will show another significant drop in June, despite the easier year-on-year comparison, with the opening of Galaxy Ent