FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Casino operator Sands China Ltd is expected to resume dividend payments as early as 2025, according to a note from Seaport Research Partners.
Moody’s Investors Service has assigned a stable outlook to Melco Resorts Finance Ltd. and Studio City Finance Ltd., signaling its belief earnings and financial leverage at
Thousands of hospitality union workers on the Las Vegas Strip have reached a tentative deal with the Venetian and Palazzo resorts, a first for employees at the
Demand from mainland high rollers continues to drive Macau’s lucrative premium mass segment despite recent efforts to curb illegal money flows, according to analysts. In a recent note,
The management of casino operator Galaxy Entertainment Group Ltd (GEG) has indicated in a recent conference call with investment analysts that the trend of elevated
Galaxy Entertainment Group (GEG) has announced impressive financial results for the second quarter and first half of 2024, demonstrating a 37% year-on-year increase in net revenue to
Melco Resorts Chairman and CEO Lawrence Ho has attributed the recent softness in Macau’s gaming market to factors like the Euro 24 football championships and
Paradise Entertainment Limited has announced it expects to return to profitability, driven by higher casino management and Live Multi-Game (LMG) revenues. According to the company’s preliminary review,
Macau’s six licensed gaming operators have seen a significant improvement in their gross gaming revenue (GGR) over the first couple weeks of August, according to a
Data from the first four days of the month indicates that gross gaming revenue (GGR) may reach MOP2.5 billion, representing a daily run-rate of MOP625 million,
Analysts expressed cautious optimism for August’s gross gaming revenues (GGR) after July’s figures fell short of expectations. The casino industry experienced a disappointing month
Macau's MGM China is set to launch its first significant poker tournament series, the “2024 MGM Poker Tournament Series,” from Sept. 3 to 15 at MGM
The growth of gaming revenue continued to be lackluster in July, falling short of analysts’ projections despite the popular summer travel season. This could signal
MGM China Holdings Limited has reported strong financial results for the second quarter of 2024, revealing a significant surge in net revenues as the company sets its sights
Macau is strategically positioning itself to capitalize on the potential opportunities arising from Thailand’s likely entry into the lucrative casino market, which is estimated to
Four of Macau’s six gaming operators are interested in investing in Thailand, according to a report from brokerage CLSA Ltd. The report suggested
The Gaming Inspection and Coordination Bureau (DICJ) has intensified its crackdown on unlicensed junket activities following recent casino inspections. Under Macau’s revised junket laws,
Phase 2 of The Londoner’s refurbishment involves the total closure of the Pacifica Casino and a reduction of around 52% in the quantity of room keys
The Vientiane Capital People’s Court of the Lao People’s Democratic Republic (Laos) has rejected the results of a lengthy process of international arbitration which, in
Casino gross gaming revenue (GGR) is expected to recover to between 75% and 80% of 2019 levels, or around USD28 billion, in 2024, according to a
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