Tuesday, August 16, 2022

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Genting Singapore seeks cost cuts, pessimistic on outlook

2020-08-06

Genting Singapore is seeking to cut costs by about 20 percent to 30 percent after suffering its worst quarterly loss since it opened Resorts World Sentosa.

Border easing a positive step, but limited impact on GGR

2020-07-29

The latest border easings between China and Macau are a positive step but will have limited impact on gross gambling revenue, analysts said.

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Visitation improving but lack of IVS limits gains: Bernstein

2020-07-20

Macau has seen improved visitation since the easing of travel restrictions with Mainland China, though progress is slow and a V-shaped recovery is not expected, Bernstein Research said in a note.

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Macau Feb. arrivals drop almost 96%

2020-03-20

Macau visitor arrivals tumbled almost 96 percent in February due to travel restrictions imposed because of the coronavirus, however, the average length of stay improved. 

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Casinos to reopen, but recovery not imminent: Nomura

2020-02-18

Macau’s casinos can begin to reopen from midnight on Thursday, however there is unlikely to be any improvement in visitation until China resumes its individual visit schemes (IVS), which may take a further six weeks, Nomura Instinet analyst Harry Curtis...

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