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Galaxy Q3 EBITDA in-line, revenue grows 23 pct

2017-11-08

Macau casino operator Galaxy Entertainment reported third quarter results mostly in-line with analyst estimates, with adjusted EBITDA reaching HK$3.5

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Galaxy’s half-year profit jumps 81 percent

2017-08-30

Galaxy Entertainment Group (GEG) posted an 81 percent rise in net profit for the first half of the year due to the rebound in VIP and mass revenue. Ne

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Bloomberry to re-operate Jeju Sun, posts record results

2016-11-14

Philippines-listed Bloomberry Resorts Corp posted an all-time record in gross gaming and non-gaming revenues as well as EBITDA for the first nine mont

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China housing slowdown may cool Macau GGR

2016-11-14

A cooling of the housing market in Mainland China could mean a drop in VIP and premium mass business in Macau, analysts from Wells Fargo noted on Mond

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Oct. GGR up 8.8 percent, beats expectations

2016-10-31

Macau GGR grew 8.8 percent in October, beating analyst expectations. Gross Gaming Revenues for the month came in at MOP 21.8 billion, higher than m

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Galaxy net profit up 28 percent in Q3

2016-10-25

Macau casino operator Galaxy Entertainment Group posted a 28 percent year-on-year rise in net profit in the third quarter of 2016, above analyst expec

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Macau to see ADR softening for remainder of month

2016-10-17

Macau gross gaming revenue results for the week October 11-16 was worse than expected with significant slowdown following the golden week period, said

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GGR weaker than expected last week: analysts

2016-09-19

Macau’s gross gaming revenue in the last week was weaker than expected given The Parisian opening and Mid-Autumn Festival Holiday, say analysts. A n

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Too early to say whether Macau is recovering: Galaxy boss

2016-09-06

Galaxy Entertainment chairman Lui Che Woo says it's still too early to make the call that Macau is on the road to recovery. “While Macau’s gamblin

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Macau breaks two-year downward trend

2016-09-01

Macau posted its first year-on-year increase in gross gaming revenue in August, after a 26-month slump, according to statistics released by the Gaming

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July GGR expected to decline 8 to 10 percent

2016-07-17

Macau’s gross gaming revenue in July is expected to decline between 8 to 10 percent year-on-year, said Wells Fargo analysts in a note on Monday. Whi

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Macau ADR slows in third week of June: Bernstein

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.

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City of Dreams opens retail extension

2016-06-08

City of Dreams Macau has expanded its retail offerings with new facilities and stores, according to a social media post from the company last Friday.

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241 people fined in Macau for smoking in first five months

2016-06-06

241 people have been fined in Macau in the first five months of 2016 for smoking, according the latest statistics from Macau’s Health Bureau. The nu

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Asia gaming industry is under-served: experts

2016-05-16

The number of casinos in Asia-Pacific will increase to around 230 in the next five to seven years, but it is not enough, said industry experts. “Cas

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Macau GGR down 9.5 percent, above consensus

2016-05-01

Macau’s casino gross gaming revenue (GGR) declined 9.5 percent year on year in April to MOP 17.3 billion (US$2.2 billion), according to official dat

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Las Vegas to potentially receive direct flights from China

2016-04-28

Las Vegas may potentially get around three weekly direct flights from China, which would help the region secure better Mainland Chinese visitation, fr

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Macau should diversify tourism offerings; Beijing

2016-04-04

A Beijing government official recently commented that Macau should diversify its tourism offerings in order to attract higher quality visitors, includ

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Travellers International Hotel Group net profit down 26.2 percent in 2015

2016-03-16

Travellers International Hotel Group, owner and operator of Resorts World Manila, has reported a decline in net profit to P4 billion (US$86.4 million)

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