Thursday, August 11, 2022


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Macau ADR slows in third week of June: Bernstein


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.

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Macau hotel occupancy rate 73.9 percent in June


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

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Macau arrivals fall 7.6 percent in June


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

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Association of Gaming Equipment Manufacturers releases June Index


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

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June mass revenue down 33.3 percent, lowest since 2012


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

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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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UPDATED: Macau’s gambling revenue reaches 5-year-low in June


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

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Galaxy unlikely to boost June GGR


 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

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Lionel Leong says austerity measures in place if GGR falls too low


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

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Another cut to estimates following Macau trip: Morgan Stanley


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

AGA president to testify at IRS public hearing


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

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June GGR sees little benefit from Galaxy opening, analysts say


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

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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