Archive

_2016-01-30
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

_2015-12-01
Chinese mass gamblers are interested in visiting the U.S., but show little inclination to travel to other Asian destinations outside of Macau, accordi

_2015-07-29
  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

_2015-07-08
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,

_2015-07-01
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

_2015-06-30
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

_2015-06-27
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

_2015-06-18
Secretary for Economy and Finance Lionel Leong indicated that the government would formulate internal austerity measures if June gaming revenues fell

_2015-06-15
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

_2015-06-07
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

_2015-05-31
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

_2015-05-27
Galaxy Entertainment Group delivered a “solid opening” of the $2.7 billion Galaxy Macau phase 2 and Broadway Macau properties, said UBS, with Broa

_2015-05-24
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

_2015-04-30
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

_2015-04-28
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

_2015-04-16
Following Galaxy Entertainment’s financial results, UBS said there have been some signs of gradual stabilisation in mass segment revenue in recent w

_2015-04-16
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

_2015-04-11
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

_2015-04-11
UBS said it expects further downside revisions to Macau’s gross gaming revenues amid continued pressure on high-roller gaming due to uncertainty ove