Star Entertainment is likely to benefit from expected delays to Crown Resorts’ ability to open a casino in Sydney and its current share price presents a good buying opportunity, J.P. Morgan said in a report.
Melco Resorts and Entertainment reported its 2019 fourth-quarter results on Thursday, which was driven mainly by strong performance in its mass-market
MGM China Holdings Limited on Wednesday announced its 2019 financial results, with revenue up 19 percent year-on-year, driven by non-VIP gaming.
Various executives from Star Entertainment Group, including Matt Bekier, will be missing out on a share bonus after falling short of performance targe
Australia-listed Donaco International said it has seen improving performance across its properties in Cambodia and Vietnam, especially during the four
Australasian gaming businesses typically spend between 15 percent to 40 percent of their revenues on marketing. Yet the return on marketing expenditure often defies measurement. Part of the difficulty lies in effective delineation of the marketing function.
Morgan Stanley analysts are expecting Macau revenue to grow 19 percent year-on-year in 18Q2, but decline two percent quarter-on-quarter, in line with
Melco Resorts & Entertainment said its board has approved a $500 million share repurchase program. The program is effective immediately and will run f
Typhoon Hato had only marginal impact on Macau’s six casino operators, with VIP business showing strength in September, said Morgan Stanley in a not
Macau’s gaming sector saw a year-on-year improvement in business performance in 2016, with the gross value added recording positive growth, accordin
Asia’s gaming markets have seen a strong first half, with Macau, the Philippines and Cambodia leading the way, prompting some analysts to revise upwards their targets for the full year. But it hasn’t all been plain sailing; the fatal attack on Resorts...
Weaker GGR seasonality, wage inflation and the delay in MGM Cotai could lead to potential underperformance of Macau’s gaming stocks in 17Q2, said Mo
Sands China’s Parisian has seen strong foot traffic since opening, according to Union Gaming in a note on Monday. The French-themed casino resort op
Macau’s 16Q1 industry EBITDA was down 7 percent year on year, driven by weak retail and hotel performance, bad debt and mix change, say Morgan Stanl
Hong Kong-listed Galaxy Entertainment Group Ltd reported a profit of HK$4.1 billion (US$531.1 million), down 60.2 percent for the year ended Dec. 31,
The highly successful acquisition and integration of the VGT gaming business was central to Aristocrat’s performance for the financial year ended Se
Studio City, the $3.2 billion Hollywood-inspired integrated resort in Macau, unveiled that its October 27 grand launch party will be headlined by sing
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