Search Results for: macau ebitda
Miriam Adelson $2 billion sale of Las Vegas Sands stock won’t affect Sands China unit.
December 1, 2023
The market plummeted earlier this week after Dr. Miriam Adelson disclosed a $2 billion sale of Las Vegas Sands shares. One analyst...
Emperor Ent reports interim profit of US$1.5 m
November 29, 2023
Emperor Entertainment Hotel Ltd, the company that runs Macau's Grand Emperor Hotel, has reported a notable improvement in its fina...
Parent company increases Sands China’s annual cap transportation, logistics, technical services
November 24, 2023
The parent company of Sands China, the Macau gaming operator, Las Vegas Sands Corp. has increased the annual cap on logistics, tra...
Melco poised to navigate careful course in managing spending
November 21, 2023
S&P Global Ratings states that Melco Resorts & Entertainment Ltd., a casino operator, will control its spending carefully ...
Moody’s revises outlook on SJM, Melco from ‘negative’ to ‘stable’
November 17, 2023
"SJM Holdings Ltd., a Macau casino operator, and a collection of companies controlled by Melco Resorts & Entertainment Ltd. ha...
SJM Holdings reports loss US$ 53 million as Grand Lisboa outshines Cotai IR
November 15, 2023
The operator of Macau's casinos, SJM Holdings, reported a loss for the three months ended September 30, 2023, of HK$410 million (U...
MGM reports 16% increase in new revenue despite cyberattack
November 13, 2023
MGM Resorts International performed admirably in the third quarter of 2023, as evidenced by its interim financial report, which re...
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...
MGM China set to upgrade premium gaming, accommodation spaces
November 10, 2023
MGM China intends to undertake substantial renovations to the high-end gambling and lodging sections of MGM Macau and MGM Cotai, t...
US research firm revises down Melco Resorts’ revenue forecasts for 2023-2025
November 10, 2023
US research firm Morningstar has lowered Melco Resorts' projected revenue for 2023–2025 by 5–10% and adjusted EBITDA by 8–11...