FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
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
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
Galaxy Entertainment Group clarified it is not planning to re-enter the Philippine market, following reports that it is contemplating developing a resort in Boracay. In
The Golden Week has seen an estimated casino floor revenue of MOP6.65 billion, according to JP Morgan Securities (Asia Pacific) Ltd. In a memo,
The Powerball jackpot climbed to an estimated $1.4 billion after no players matched all six numbers and hit it rich yesterday . The winning numbers announced
Tens of thousands of Las Vegas hospitality workers fighting for new union contracts voted yesterday to authorize a strike that could impact more than three dozen
MGM Resorts brought to an end a 10-day computer shutdown prompted by efforts to shield from a cyberattack data including hotel reservations and credit card processing,
According to Citigroup (Citi), casino players “are not going to be deterred by anything less than a direct-hit typhoon or a ‘black’ warning-level rainstorm.”
The casino’s VIP sector is “surprisingly strong due to the return of the junket agents” under a new arrangement to lure high-rollers to the gaming
Casino operator MGM Resorts International said that resorts are open and an investigation is continuing after what it called a “cybersecurity issue” led to the shutdown
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
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