Tuesday, August 09, 2022


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GGR stabilizing but soft recovery ahead: Fitch


Fitch’s Alex Bumazhny said that the firm is projecting approximately a 5 percent decline in Macau gaming revenue for 2016. Year-to-date revenues are

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Too early to say whether Macau is recovering: Galaxy boss


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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Galaxy reports solid 16H1 profit, in-line with estimates


Galaxy Entertainment Group Ltd has reported first half profit up 26 percent year-on-year, citing a rise in non-gaming revenue and casino market share

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Macau economy bottoming out: Monetary Authority


Macau’s economic contraction may be bottoming out as the gaming industry begins to stabilize, says the Monetary Authority of Macau in its latest qua

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Gaming market has bottomed out: Lui Che-woo


Galaxy Entertainment chairman Lui Che-woo says Macau’s gaming market has bottomed out, after close to two years of continuous decline, reports SCMP.

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MGM China Q1 posts results shy of forecasts, sees stabilization


MGM China posted a steep drop in Q1 earnings and revenue, but joined the growing chorus of Macau operators in saying they see signs of stabilization i

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Macau GGR down 9.5 percent, above consensus


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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DICJ chief sees signs Macau GGR stabilizing


Paulo Martins Chan, the director of Macau’s gaming regulator, believes the decline in gross gaming revenue (GGR) should slow down this year. The Gam

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Macau operators’ recent results confirm mass is the majority


Mass markets and slots accounted for exactly 50 percent of gross gaming revenue in 2015, and could reach as much as 57 percent in 2016, according to U

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Macau gaming slump could end in Feb; Wilfred Wong


Sand China Ltd’s president and chief operating officer Wilfred Wong says he expects the slump in Macau’s gaming industry to end as early as this m

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Genting Singapore should outperform; says Bernstein


Genting Singapore stocks are expected to outperform due to a stabilizing Singapore gaming market, strong cash flow generation and a resumption of siza

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Las Vegas Sands Q4 profit misses, but Adelson sees signs of stabilization


Las Vegas Sands posted weaker-than-expected Q4 results as the downturn in Macau continued to weigh, though chairman Sheldon Adelson said the situation

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