Tag: EBITDA
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Analysts: Macau operations are cushioning MGM’s US weakness
Analysts said that MGM Resorts International’s Macau business is cushioning weaker US operations. They reached this conclusion after the company released its third-quarter results late last ... -
Wynn Macau emerges as strongest performer in Q2
Wynn Macau Ltd. was the strongest performer among Macau’s six casino concessionaires in the second quarter, gaining market share as Sands China’s hold-adjusted earnings share fell ... -
LVS keeps Macau promotional spending high in push for premium players
Las Vegas Sands Corp. (LVS) has no immediate plans to curb promotional spending in Macau, even if the strategy weighs on short-term earnings growth, as it ... -
Galaxy eyes expansion as Phase 4 takes shape
Galaxy Entertainment Group (GEG) reported a 4% year-on-year increase in first-half net revenue to HKD24.2 billion yesterday, while chairman Francis Lui outlined the group’s ongoing resort ... -
GEG pledges continued non-gaming diversification as Q1 revenue rises 11%
Galaxy Entertainment Group (GEG) has reported a strong first quarter (Q1) for 2026, with net revenue rising 11% year-on-year to HKD12.4 billion, the company reported yesterday ... -
LVS beats Q1 forecasts, targets USD700 million Macau EBITDA
Las Vegas Sands Corp. (LVS) showcased strong first-quarter 2026 results, fueled by robust growth in its Macau and Singapore operations. The casino operator reported revenue of ... -
CBRE: Marketing overhaul could boost SJM outlook
SJM Holdings Ltd’s “new marketing team” and property investments could deliver upside to 2026 performance expectations, even as the casino operator lags behind Macau’s broader gaming ... -
CBRE: Marketing overhaul could boost SJM outlook
SJM Holdings Ltd’s “new marketing team” and property investments could deliver upside to 2026 performance expectations, even as the casino operator lags behind Macau’s broader gaming ... -
Marina Bay Sands posts best quarter in casino hotel history
Las Vegas Sands’ Marina Bay Sands property in Singapore delivered a record USD806 million in adjusted property EBITDA for the fourth quarter of 2025. The result, ... -
Casinos see whale betting surge amid profit margin concerns
Citigroup’s January table survey shows a 72.3% year-over-year surge in betting volume by “multiple huge whales” across Macau’s casinos. The findings come even as JP Morgan ... -
Fitch forecasts SJM retaining 50% of closed casino market share despite debt woes
SJM Holdings Ltd. is expected to hold onto at least half the market share from its shuttered satellite casinos through resource shifts and marketing gains in ... -
Fitch downgrades SJM Holdings outlook citing slow recovery at GLP
Fitch Ratings has downgraded its outlook on SJM Holdings’ long-term foreign-currency Issuer Default Rating (IDR) from Stable to Negative last week, citing a slowdown in earnings ... -
MGM China sets record with highest-ever adjusted EBITDA in Q2
MGM China Holdings reported its highest-ever adjusted Earnings before interest, Taxes, Depreciation, and Amortisation (EBITDA) for the second quarter (Q2) of 2025, as its market share ...
