Search Results for: six casino operators in Macau
Macau ops comfortable on fresh licences: Goldstein
June 3, 2022
Robert Goldstein, the boss of casino group Las Vegas Sands Corp, hinted on Wednesday that all six Macau casino operators would ge...
Macau concessionaires well-placed to ride out COVID-19 liquidity concerns: Bernstein
May 30, 2022
Macau’s concessionaires are, for the most part, well-placed to ride out liquidity concerns linked to COVID-19 and related borde...
Macau aggregated casino operator debt forecast to top $25 billion this year
May 25, 2022
Global brokerage and investments firm Morgan Stanley has reportedly warned that the combined debt of the six licensed casino oper...
Macau’s gaming revenue plunging 68% from a year earlier to the lowest level in about 18 months
May 2, 2022
Macau’s gaming revenue slump deepened in April, plunging 68% from a year earlier to the lowest level in about 18 months as the ...
Macau casino industry to report combined US$102 million EBITDA loss for 1Q22: Morgan Stanley
April 13, 2022
A number of Macau’s casino concessionaires could report negative EBITDA for the three months to 31 March 2022, driven by weaker...
Macau Casino Operators to Pay $6M Each for License Extensions Through 2022
March 29, 2022
The six Macau casino operators will each pay the enclave government MOP47 million — or roughly $5.83 million based on today’s...
Paradise chair Jay Chun concerned by Macau satellite casino threat
March 25, 2022
The chairman of Paradise Entertainment Ltd, Jay Chun, has highlighted the “significant contribution” from satellite casinos t...
40pct Macau satellite casinos may shut by mid-year: report
March 25, 2022
At least “seven” Macau satellite casinos – nearly 40 percent of such properties currently active in the local market – mi...
Macau Legislators Review Gaming Law Amendments, Prepare for Final Reading
March 24, 2022
Macau continues to advance its efforts to update local gambling laws. The committee charged with their review wrapped up another ...
Capital Group cuts stake in Wynn Macau Ltd, gets US$12mln
March 22, 2022
United States-based Capital Group Companies Inc has grossed about HKD90.0 million (US$11.5 million) from disposing of just above ...