Search Results for: macau retail sales
Macau reports surge in retail sales value with 80% year-on-year increase
November 24, 2023
The value of retail sales in Macau had a significant increase in the third quarter of 2023, rising by an astounding 80.1% year ove...
Citi Expects Strong Macau Casino EBITDA Despite Revenue Drop
July 10, 2024
Citi Forecasts Resilient 28% EBITDA Margins for Macau Casinos in Q2 2024 Despite Revenue Declines
Citi forecasts Macau gaming con...
Melco CEO acknowledges company experienced decline in market share in Macau in 2023
March 1, 2024
Chairman and CEO Lawrence Ho Yau Lung acknowledged during Melco Resorts & Entertainment Ltd.'s fourth-quarter earnings call on...
JP Morgan projects Wynn Macau to generate property-level EBITDA of $1.20 billion in 2024
February 2, 2024
According to JP Morgan Securities LLC, property-level earnings before interest, taxes, depreciation, and amortization (EBITDA) of ...
Wynn Macau experiences robust market rebound in 4th quarter
November 10, 2023
The casino operator Wynn Macau Ltd. announced a robust market rebound in the fourth quarter, with the mass-market table games decl...
Are Galaxy, MGM casinos betting on Thailand amid Macau shift?
June 5, 2023
Are Galaxy, MGM casinos betting on Thailand amid Macau shift?
With the potential for Thailand and the UAE to legalize casinos...
Wynn Resorts Results Again Walloped By Macau
November 10, 2022
It’s become a familiar refrain for casino operators with Macau exposure. That being that the Chinese territory is a drag on earn...
UAE market likely to operate as duopoly or oligopoly, says Wynn
November 13, 2023
In the most recent investment report from Deutsche Bank, Wynn Resorts said that it anticipates entering the UAE gaming market firs...
Galaxy Entertainment reports 3Q adjusted EBITDA marking 12% increase
November 9, 2023
The third-quarter adjusted EBITDA of Galaxy Entertainment Group Ltd, a Macau casino operator, was slightly under HKD2.77 billion (...
Genting Singapore to experience rise in its share price
November 7, 2023
Morgan Stanley projects that throughout the next sixty days, the share price of Genting Singapore, the Singaporean operator of Res...