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2021-04-01
Galaxy Entertainment has become an investor favourite and is likely to boost its mass and premium mass market share as the Macau market recovers, Bernstein Research wrote in a note upping its target share price on the company.

2021-03-25
Las Vegas Sands Chairman and CEO Rob Goldstein said the company "firmly believes" the Macau market will recover and will benefit in the future from infrastructure developments throughout the Greater Bay Area.

2021-03-18
Around 20 percent of all mass market revenue in Asia may flow back to Macau by 2022, Morgan Stanley estimates in a note.

2021-01-22
The introduction of a digital renminbi into Macau would potentially have a positive impact on the gaming industry, easing cash flow for mass and premium mass players, but the “devil would be in the details,” says Bernstein Research.

2021-01-15
Macau's gross gambling revenue in the fourth quarter of 2020 was MOP22 billion ($2.75 billion), with mass market baccarat and slots making up about 65 percent of the total, according to quarterly figures released by the Gaming Inspection and Coordination...

2020-10-05
NagaCorp said the momentum it has seen on its gaming floors since reopening to the public in August appears to have been sustained through to end September, led by the mass market.

2020-09-07
Macau’s gross gambling revenue is seeing signs of an uptick in both mass and VIP, though for the month Bernstein Research is still estimating a decline in the mid 80’s percent. 

2020-09-03
Grand Korea Leisure saw its sales drop again in August from the prior month after showing signs of a month-on-month improvement in July.

2020-08-19
Crown Resorts said its new luxury resort in Sydney is still on track to open in December this year, despite the challenges posed by Covid-19.

2020-07-28
SJM Holdings said it doesn’t expect its revenues to return to their pre-crisis levels this year and at present it’s not possible to predict how long the Covid-19 pandemic will continue to affect its business.

2020-07-28
The sharp downturn caused by Covid-19 has not altered the underlying structural reality that the future of Macau gaming lay much more with the mass ma

2020-07-21
Genting Malaysia has seen reasonable growth in visitation since it began reopening on June 15 and Resorts World Genting has doubled its number of available rooms, according a research report from CGS-CIMB.

2020-07-19
NagaCorp announced on Sunday that it has been permitted to reopen for full business, effective immediately, including mass market services. The com

2020-06-10
Social distancing rules under the “new normal” will impact grind mass business most, due to the restriction of three gamblers per table, according

2020-06-09
The road to recovery for Genting Singapore is expected to be slow and a long way off, according to analysts from Bernstein Research on Tuesday. “

2020-05-14
Melco Resorts & Entertainment swung to a loss in Q1 due to the impact of the coronavirus, but said it remains committed to its development plans, including a bid for a license in Japan.

2020-05-14
Bloomberry Resorts said its Q1 net income fell 38 percent due to the impact of the coronavirus and it expects a slow recovery.

2020-03-13
With Macau continuing to haemorrhage VIP gamblers, there has never been a greater onus on operators in the special administrative region to latch on to the relative predictability afforded by the premium and mass markets.

2019-12-13
The casino industry in Macau grew from US$2.77 billion in revenues in 2002 to over US$45 billion in 2013. Then, in 2015, revenues fell precipitously to under US$29 billion, a fall from which casinos are still reeling.

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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