Monday, June 27, 2022


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Macau visitors up in CNY, but no effect on gambling revenue


Macau visitor numbers rose 4.7 percent over the Chinese New Year holiday, but the increase had no major impact on gross gambling revenue, according to

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Macau Sept. GGR drops 33 percent, in line with forecasts


Macau’s gambling revenue declined 33 percent in September, in line with analysts’ forecasts, as a bright start to the month was offset by slower t

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Macau GGR to drop 30 to 36 percent: WF


Based on checks through September 6, Wells Fargo estimates Macau gaming revenue to decline 30 percent to 36 percent in September compared with a prior

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Las Vegas Strip revenues down 2 percent in July


Las Vegas Strip revenues were $525 million in July, down 2 percent year-on-year and in-line with expectations, Wells Fargo said in a note. Analyst Ca

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Too early to call stabilization in Macau market after MPEL results: WF


Melco Crown 15Q2 results were broadly in line with Wells Fargo expectations following soft results observed from Macau operators this earnings season.

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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

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Macau July GGR tracking for around 35 percent drop


Macau table-only gross gaming revenue in July is estimated to fall around 35 percent year-on-year according to current revenue checks. According Stern

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Wells Fargo neutral on Macau


Wells Fargo says it remains neutral on Macau despite largely positive results from Las Vegas Sands in 15Q2, adding that once revenues stabilize, “we

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Wells Fargo puts July GGR decline at 34 - 36 percent


Wells Fargo estimates Macau gaming revenue in July declined 34 percent to 36 percent, below its prior estimates of 31 percent to 33 percent. According

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July second week revenues soft


Average daily revenues for the past week were around MOP500 million to MOP600 million compared with 630MM MOP the week before, according to Wells Farg

Macau casinos could see revenue fall as much as 42 percent


Macau’s casinos could see revenue plummet 35 to 42 percent this month compared to February last year, according to new analysis. In the first week

Wells Fargo sees Macau Jan. GGR down 16-19 percent


Gross gambling revenue in Macau is likely to drop between 16 and 19 percent in January after the territory reported its first annual drop on record i

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

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