A “cybersecurity issue” led to the shutdown of some casino and hotel computer systems at MGM Resorts International properties across the U.S., a company official reported yesterday .
September's gross gaming revenue “isn’t going to wow anyone, not only due to seasonality (a shoulder season between the summer holidays and October Golden Week), but also
Labour supply issues at Melco have now mostly been resolved as Melco opens its doors wider to meet the growing customer demand in Macau, chairman
The city’s casino recovery is sustaining its momentum, with gaming revenue in August soaring a staggering 686% from a year earlier to the highest level since January 2020. Gross gaming revenue
A University of Macau (UM) academic has estimated this year’s gross gambling revenue (GGR) will reach MOP180 billion, higher than the government’s expectation of MOP130 billion.
High rollers seem to have their bets back on the games of chance in Macau. A weekly channel check from Citigroup noted that it
Galaxy Entertainment Group posted net revenues of HKD15.7 billion in the first half of the year, up 141% year-on-year, while its adjusted EBITDA was HKD4.4 billion,
Analysts from the financial services firm JP Morgan Securities (Asia Pacific) Limited are forecasting that August will break the gross gaming revenue (GGR) record that
Gross gaming revenue (GGR) for the first six days of August stood at MOP3.2 billion, a figure slightly lower than the previous month, investment bank JP
Melco Resorts & Entertainment’s operating revenue for the second quarter of 2023 jumped to USD947.9 million, an increase of approximately 220% from USD296.1 million for the
All six casino operators have promised the government that, over the next 10 years, during the new concession period, the integrated operators will promote the non-gaming
Fitch Ratings has affirmed Las Vegas Sands ‘BB+’ rating and revised its outlook to positive from negative as it reflects “the strong rebound in the Macau
The city’s gross gaming revenue (GGR) continued to strengthen in July, returning to about 68% of pre-pandemic levels, hitting a post-pandemic high. Data from
Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing to pay a
Macau casino operators are slated to transition to a Las Vegas Strip or Singapore model, a transformation which will focus on switching Macau from being a gaming
Hong Kong’s billionaire Cheng family has taken control of Hoiana Resort & Golf in Vietnam’s central Quang Nam province from Macau gambling kingpin Alvin Chau, who
Sands China Ltd. (SCL) announced their second quarter (Q2) results yesterday, reporting a net revenues of USD187 million (MOP1.5 billion) for the second quarter of 2023, a
Analysts from the financial services firm JP Morgan Securities (Asia Pacific) Limited are forecasting that July 2023 will be the best month so far in
Gaming revenues are likely to hit 100% of pre-Covid levels by October as the first nine days of July recorded a robust recovery, according to JP
Gross Gaming Revenue (GGR) from local casinos dropped by 2.3% in June when compared with the previous month, official figures released by the Gaming Inspection
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