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
CLSA Ltd has revised its forecast for the SAR’s gross gaming revenue (GGR) and earnings before interest, taxation, depreciation and amortization (EBITDA) for 2024 and 2025,
A new baccarat side bet option, known as “Small 6/Big 6,” has become prevalent in all of Macau’s concessionaires’ key properties, paying up to 50 times the
Despite concerns over Beijing’s intensified efforts to curb illicit cross-border capital flows, Macau’s premium mass gaming segment has continued to demonstrate remarkable resilience, according to
The earnings before interest, taxes, depreciation and amortization (EBITDA) for Macau’s gaming industry properties are expected to decline 4% in the second quarter of 2024.
Macau's June gross gaming revenue (GGR) fell 12.4% sequentially, impacted by a crackdown on illegal money exchange networks and the ongoing Euro 2024 soccer tournament, according
Macau’s casinos generated MOP17.69 billion in gross gaming revenue in June, up 16.4% from a year ago but down 12.4% from the previous month, according to figures
Macau's gross gaming revenues (GGR) have fallen to their lowest level in more than six months in June, with GGR for the first 23 days estimated at
Macau's casino industry is facing a mixed outlook for the second quarter of 2024, with Morgan Stanley predicting a decline in mass-market gross gaming revenue (GGR) and
Macau’s gaming industry is undergoing a significant change as the local regulator, Gaming Inspection and Coordination Bureau (DICJ), has urged casino operators to stop offering
The government reported gaming tax revenue of MOP7.15 billion for May, which is a 9.9% decline from April’s MOP7.94 billion. However, the May figure represented
MGM China is reportedly searching for new investment options in Thailand’s proposed entertainment complex. This potential move comes as Macau’s gaming operators seek to capitalize
Macau's casino gross gaming revenue (GGR) is expected to see a low point this year in June, due to a combination of exceptionally wet weather and
The casino industry is closely watching developments in Singapore as the city-state begins the second phase of its casino resort expansion. The resorts’ development is
Macau is on course for an expected gross gaming revenue (GGR) pull-back this month after “a record high mass GGR” in May, analysts at JP Morgan Securities Asia Pacific
Macau casinos saw revenues spike to a post-Covid high in May, driven by the Golden Week holiday and the introduction of new travel permits for Chinese tourists, which
SJM Resorts S.A. has revised payment caps and extended a lease agreement with two satellite casinos majority owned by co-chairman Angela Leong. According to filings
Las Vegas Sands Chairman and CEO Robert Goldstein has described smart gaming tables as the “future of gambling,” stating that his company is “fully invested”
Premium mass players from mainland China are increasingly making multiple trips to Macau, solidifying the Special Administrative Region’s (SAR) resilience against an uncertain Chinese economy, according
Suspicious transaction reports from Macau’s gaming sector jumped 89.1% in the first quarter of 2024 compared to the same period last year according to data from the city’s
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