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Las Vegas Dec GGR up 8.2 percent

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

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China mass gamblers favor Macau, eye U.S.

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

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Wynn results disappointing, but Palace opening date a positive

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

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

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,

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UBS takes less cautious view on Macau

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

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Macau government eases transit visa policy

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

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Vegas May Revenues Up 1.4 percent

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

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

2015-06-18

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

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June GGR sees little benefit from Galaxy opening, analysts say

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

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GGR for 2015 expected to decline 27 percent: UBS

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

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Macau May GGR down 37.1 percent

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

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Galaxy delivers solid opening as competition likely to intensify: UBS

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

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Galaxy allocation in line with expectations: UBS

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

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Vegas result not as bad as it looks

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

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Wynn Resorts dividend cut reflects uncertain outlook in Macau

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

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Mass revenue stabilizing but not trend yet: UBS

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

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15Q1 EBITDA to drop 40 percent YoY: UBS

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

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Casinos will need to up their game in supply boom

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

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UBS lowers its 2015/16 Macau outlook

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

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