Search Results for: Melco resort and Entertainment
SJM Holdings weighs on Macau casino stocks after proposing a US$386 million cash call for licence renewal bid
August 5, 2022
SJM Holdings plunged in Hong Kong on Thursday after the company proposed an equity raise at a 34 per cent discount, as it rushes t...
Macau has fallen
July 29, 2022
“The king is dead. Long live the king.”
First declared in 1422 upon the death of the French King Charles VI and the instant...
Macau Forms Committee to Evaluate License Bidders
July 28, 2022
Macau will evaluate the bidders for the region’s new casino licenses. To that end, the special administrative region’s governm...
Macau Casino Stocks Fall as COVID Cases Boom
June 22, 2022
The biggest COVID outbreak to date in Macau, which means new restrictions, social distancing, and a huge amount of testing, resul...
Studio City new attraction for families open June 30
June 8, 2022
A new family attraction – announced last month – at the Studio City casino resort in Macau’s Cotai district is to open on J...
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 stocks gain on hopes travel visa policy will be less restrictive
June 7, 2022
Wynn Resorts (WYNN +1.9%), Las Vegas Sands (LVS +1.2%), Melco Resorts & Entertainment Limited (NASDAQ:MLCO +8.8%), and MGM Re...
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...
Philippines licensed casino GGR up 29.6% in 1Q22
May 12, 2022
Philippines’ licensed casinos produced a total of P30.1 billion ($575.6 million) in gross gaming revenue (GGR) in 1Q22, rising ...
Studio City International Holdings Limited Announces Unaudited First Quarter 2022 Earnings
May 6, 2022
Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort ...