Search Results for: Macau casino concessionaires
Macau Legend’s satellite casino deal with SJM extended until end of the year – Melinda Chan
June 13, 2022
The two satellite casinos at Macau Fisherman’s Wharf will continue their operation at least until December 31, as the agreement...
Wynn Macau Management to Take Salary Cut for Shares
June 9, 2022
Macau is in a state of flux with lawmakers undertaking the most serious industry review to date. Because of that, companies have ...
Lei Wai Nong: Only a “small number” of Macau satellite casinos likely to close
June 9, 2022
Macau’s Secretary for Economy and Finance, Lei Wai Nong, said Wednesday that some satellite casinos have applied to “adjust t...
Six to eight satellite casinos expected to close by June – Sector rep
June 8, 2022
The President of the Macau Association of Gaming and Entertainment Promoters, Kwok Chi Chung, has indicated in comments to Exmoo ...
Macau casino revenue keeps downward trend in May, forcing closures amid China’s tightened travel restrictions
June 2, 2022
Macau casino revenue has plunged amid the ongoing impact of the pandemic on the gaming destination. Revenue for May fell 68% from...
Oceanus Acquisition May Be SJM’s Last Satellite Casino
June 1, 2022
The courtship between Macau concessionaires and satellite casinos has most likely come to an end. The best example of that is SJM...
FINANCE CHIEF: REOPENING OF CLOSED SATELLITE CASINOS UNLIKELY
June 1, 2022
Closed satellite casinos will not be permitted to reopen, despite the government’s recent U-turn in a legislative amendment, Se...
SAR Concessionaires to Weather Any Storm Assures Bernstein
June 1, 2022
Brokerage firm Bernstein has remained fairly optimistic about the outlook Macau casino concessionaire have. The firm believes tha...
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...
SJM unlikely to pursue satellite casino acquisitions: JP Morgan
May 30, 2022
Macau concessionaire SJM Holdings is unlikely to purchase any satellite casino assets from their current owners following its acq...