Archive

_2021-02-07
Wynn Resorts was upgraded to “Neutral” from “Sell” at Citi due to optimism over the company’s premium mass business in Macau after it reported better-than-expected Q4 results last week.

_2021-02-01
Macau’s gross gambling revenue dropped 63.7 percent in January, better than analysts had been expecting after renewed Covid-19 clusters on Mainland China slowed visitation later in the month.

_2021-01-19
Melco Resorts & Entertainment and Wynn Resorts are expected to outperform their Macau rivals in the next six months due to their larger exposure to the premium mass market, according to Bernstein Research.

_2020-10-08
The simplification of visa procedures for Chinese visitors is key to drive a more robust recovery in Macau, where this year’s Golden Week figures proved disappointing, according to a note from Bernstein Research.

_2019-06-13
Emperor Entertainment Hotel Limited, the gaming arm of Emperor Group, said it will be looking to expand its share of the premium mass market segment,

_2019-05-21
None of Macau’s operators, or junkets, are showing confidence that VIP trends or demand are organically improving, despite positive macro leading indicators, analysts at Morgan Stanley wrote after a recent trip to the territory.

_2019-03-04
Despite its reputation as a luxury brand, Wynn Macau is outperforming the market in the premium mass segment, delivering above average margins, Bernst

_2018-12-03
Shares in Macau’s casino operators may rally in the short term following better-than-expected November gross gambling revenue, an easing in trade tensions between the U.S. and China and increased visitation after the opening of a bridge between Hong...

_2018-06-20
Melco’s new 772-room hotel tower Morpheus will double the number of rooms available for premium mass customers, while increasing room capacity at Ci

_2018-03-19
The Philippines is in a strong position to capture a growing share of the premium mass market to help diversify its tourism base, according to Bloombe

_2018-02-20
Fitch Ratings says it expects Macau’s gross gambling revenue to gain 13 percent in 2018, moderating from a 36 percent spike recorded in January. The

_2018-01-02
China's State Administration of Foreign Exchange has imposed new restrictions on UnionPay cards, effective on January 1, 2018, though the impact on Ma