Gaming Citi: GGR in Christmas and New Year to grow

Macau’s gross gaming revenue (GGR) for the first 17 days of December may reach about MOP9 billion, Citi Research forecasted in a report based on

Newest, bluest resort on Las Vegas Strip aims to bring Miami Beach vibe to southern Nevada

A developer’s drive to open a Las Vegas Strip resort with a vibe echoing Miami Beach’s venerable Fontainebleau reaches reality this week, with the opening of a

Association data shows significant increase in gaming employees facing pressure

There has been a significant increase in gaming employees seeking assistance due to work pressures, said lawmaker Leong Sun Iok. Data from the Macau Gaming

Casinos face lowest trading levels since border reopening

Macau concessionaires are trading at rock-bottom valuations since earlier this week as operators were saddled with declines of at least 20% since the beginning of the

LVS increases shares in Sands China

Las Vegas Sands is increasing its holdings in Sands China, the Las Vegas-based gaming company announced in a regulatory filing with the Hong Kong Stock Exchange

Gaming recovery slightly slows in November to MOP16.04 billion

Macau's gaming revenue reached MOP16.04 billion ($2 billion) in November. This figure represents a significant 435% increase compared to the same period last year when the

MBS seeks $7.5B loan, LVS denies reports

The  Las Vegas Sands has denied the report. “We are neither in the market or looking for S$10 billion in loans,”  If the

Mavs likely to end up in the hands of Las Vegas’ most powerful family

Mark Cuban in many ways has been the face of the Dallas Mavericks franchise since he bought the club in 2000, so the news that he was

Mark Cuban working on $3.5B sale of Dallas Mavericks to Sands casino family: source

Dallas Mavericks owner Mark Cuban is working on a deal to sell a majority stake in the NBA franchise to the family that runs the Las Vegas

Las Vegas union hotel workers ratify Caesars contract

Las Vegas hotel union workers voted overwhelmingly yesterday to approve their contract agreement with casino giant Caesars Entertainment, signaling an end to lengthy labor disputes

November’s premium mass revenues surge 37% over 2019 levels

The premium mass gambling segment is experiencing a 37% increase in the average bet per player, up to HKD22,251 this November, compared to the same month

Galaxy to host 50 concerts and 250 MICE events in 2024

Gaming operator Galaxy Macau plans to host 50 concerts and 250 MICE events in 2024 as part of its pledge to diversify its non-gaming offerings.

MGM optimistic on further market growth amid decoupling

Macau's recovery is set to continue amid discussions on broader macroeconomic issues in China, according to Hubert Wang, president and chief operating officer of MGM China.

New Edition announces Wynn Las Vegas residency from late February

R&B group New Edition will bring their New Jack Swing tunes to Las Vegas early next year. The Grammy-nominated sextet announced that New Edition: Las Vegas

October gaming revenues surge as city benefits from Golden Week

In October, the city’s casino revenue surged to another all-time post-pandemic high, as tourists flocked to Macau during the National Day Golden Week. Data released

Gov’t reviewing casino ops’ 2024 plans

The city’s six gaming operators have submitted their work plans for the upcoming year, and the government is scheduled to review them within the next 60

Junkets tax plunges 92% to MOP3.5 million

Revenues from junkets’ tax paid to the government has plunged 92.5% to MOP3.5 million amid the junket crackdown and low gross gaming revenue (GGR) figures

Macau on track to hit another post-pandemic high in October

Macau has recorded MOP14.6 billion in gaming revenues as of Monday, according to investment bank JP Morgan, which shows that the casino sector is slated to

LVS revenue and profits rise sharply, mostly on Macau upturn

In Q3 2023, Las Vegas Sands Corp (LVS) showcased a promising recovery, particularly in its Macau operations, buoyed by the resurgence in travel and tourism following the

Mass-market baccarat on the rise

The city’s VIP baccarat generated MOP11.767 billion of GGR in the third quarter (Q3), down 3.2% from MOP12.157 billion in Q2, and accounted for 24.1% of

WP2Social Auto Publish Powered By : XYZScripts.com
MACAU DAILY TIMES