Thursday, July 07, 2022


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Macau Oct. GGR falls 3.2 percent


Macau’s gross gambling revenue dropped 3.2 percent in October, slightly worse than the consensus forecasts from analysts.

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Beijing not likely to resort to additional stimulus: S&P


Beijing is unlikely to resort to significant stimulus measures to boost its slowing economy, despite a further escalation in the trade war with the U.S., S&P Global Ratings says.

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Fitch sees Macau GGR growth of 13 percent for 2018


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

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February GGR growth expected to reach 16-19 percent: Bernstein


January GGR growth in Macau expected to reach 16 to 19 percent year-on-year, however, the pre-CNY slowdown may affect estimates, said Bernstein in a M

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Macau GGR picked up last week, Grand Prix slowdown expected


Macau GGR was much stronger than expected in the second week of November, with month-to-date figures reaching MOP9.4 billion with an ADR of MOP 779 mi

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Risk consultancy warns of anti-corruption revival


China appears to be ratcheting up its campaign against corruption once again ahead of the Chinese Communist Party Congress later this year, a leading

March GGR growth seen moderating


Macau’s gross gaming revenue growth is expected to moderate in March after a near 18 percent jump in February that topped expectations, analysts say

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Crown’s homecoming


Crown has recently re-focused its efforts on expanding its Australian business in the wake of the Chinese VIP crackdown and the arrest of 18 of its employees on “gambling related” charges. Crown Resorts has bucked the trend of going global, selling...

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Success Universe posts 2015 loss, optimistic on future prospects


Macau casino investor Success Universe Group swung to a 2015 loss as shared profit from its flagship Ponte 16 project fell and its lottery business de

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Chinese lottery operator MelcoLot reports net loss of HK$35.9 million


Chinese lottery services provider MelcoLot Ltd reported a net loss of HK$35.9 million (US$4.5 million) for the year ended Dec. 31, 2015, representing

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Neptune considers packing up after huge loss


Junket operator Neptune Group Ltd. reported a net loss attributable to owners of HK$828 million ($103 million) for the fiscal year ended June 30 and s

Growth in Russian betting shops slows in 2014 amid tightening regulations


The growth in the number of Russian betting shops slowed in 2014 despite an overall increase of 7 percent from a year earlier to 5,509. The growth ra

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