Monday, June 27, 2022


Title image
Las Vegas Dec GGR up 8.2 percent


The Las Vegas strip posted an 8.2 percent growth year on year in Dec. 2015, with the slot floor being the highest growth driver, according to analysts

Title image
China mass gamblers favor Macau, eye U.S.


Chinese mass gamblers are interested in visiting the U.S., but show little inclination to travel to other Asian destinations outside of Macau, accordi

Title image
Wynn results disappointing, but Palace opening date a positive


  Wynn Macau’s 15Q2 results were largely below analysts’ forecasts as the operator saw a steep drop of 44 percent year-on-year in earnings before

Title image
Macau’s 15Q2 EBITDA to drop amid higher operating costs


Macau's operators are likely to see a decline of about 14 percent quarter-on-quarter and 42 percent year-on-year in their Q2 earnings before interest,

Title image
UBS takes less cautious view on Macau


UBS analysts said they are moving away from a cautious view of Macau’s gaming industry and taking a more constructive stance following the recent vi

Title image
Macau government eases transit visa policy


The Macau government has announced a reversal of the previously tightened transit visa policy, which was first put in place on July 1, 2014.  The new

Title image
Vegas May Revenues Up 1.4 percent


Las Vegas Strip gaming revenues in May rose 1.4 percent year-on-year, weighted down by baccarat which faced tough year-on-year comps and was down 36 p

Title image
Lionel Leong says austerity measures in place if GGR falls too low


Secretary for Economy and Finance Lionel Leong indicated that the government would formulate internal austerity measures if June gaming revenues fell

Title image
June GGR sees little benefit from Galaxy opening, analysts say


Gross gambling revenue in Macau will show another significant drop in June, despite the easier year-on-year comparison, with the opening of Galaxy Ent

Title image
GGR for 2015 expected to decline 27 percent: UBS


UBS has revised its Macau gaming revenue growth expectations for the next three years with GGR in 2015 expected to come in at negative 27 percent, a d

Title image
Macau May GGR down 37.1 percent


Macau gross gaming revenue fell 37.1 percent in May to MOP 20.3 billion ($2.5 billion), making a full year of monthly declines, according to official

Title image
Galaxy delivers solid opening as competition likely to intensify: UBS


Galaxy Entertainment Group delivered a “solid opening” of the $2.7 billion Galaxy Macau phase 2 and Broadway Macau properties, said UBS, with Broa

Title image
Galaxy allocation in line with expectations: UBS


The Macau government has granted 150 new tables to Galaxy Macau phase 2, a number in line with what the industry expected after 200 plus tables seemed

Title image
Vegas result not as bad as it looks


Gaming revenues for Vegas Strip casinos in March fell 9.6 percent compared to the year before, with roughly half of the drop driven by baccarat, a res

Title image
Wynn Resorts dividend cut reflects uncertain outlook in Macau


Wynn Resorts’ large dividend cut from $1.50 per share to $0.50 in the first quarter following dire financial results from its Macau arm reflect a ca

Title image
Mass revenue stabilizing but not trend yet: UBS


Following Galaxy Entertainment’s financial results, UBS said there have been some signs of gradual stabilisation in mass segment revenue in recent w

Title image
15Q1 EBITDA to drop 40 percent YoY: UBS


UBS Securities said it expects 15Q1 EBITDA to drop 40 percent year-on-year and 15 percent quarter-on-quarter, a steeper drop than GGR which fell 37 pe

Title image
Casinos will need to up their game in supply boom


As Macau’s gaming sector gets ready to enter a supply boom in mid-2015, UBS says the sector needs 8 percent growth in gross gaming revenue per year

Title image
UBS lowers its 2015/16 Macau outlook


UBS said it expects further downside revisions to Macau’s gross gaming revenues amid continued pressure on high-roller gaming due to uncertainty ove

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

3rd party / Cookies
Show settings
Contact us

PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief