Search Results for: galaxy entertainment
Court rules in favor of Las Vegas Sands in US$12 billion battle with former Macau partner
May 2, 2022
Macau’s Court of First Instance has ruled in favor of Las Vegas Sands Corp (LVS) in a long-running battle against its original ...
Macau integrated resorts recognized in 2022 Forbes Travel Guide
April 27, 2022
Macau’s integrated resorts have featured heavily in the 2022 Forbes Travel Guide, with 25 hotels receiving recognition includin...
JP Morgan labels SJM Holdings liquidity “worrying” on COVID-19, satellite concerns
April 25, 2022
JP Morgan analysts have labelled the liquidity of Macau casino concessionaire SJM Holdings as “worrying” amid concerns over i...
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...
Miriam Adelson tops gaming industry in Forbes 2022 Billionaires Rich List, Lui Che Woo Asia’s highest
April 7, 2022
Dr Miriam Adelson, the wife of Las Vegas Sands founder Sheldon Adelson who passed away in 2021, is the highest ranked gambling in...
Miriam Adelson richest casino boss, Lawrence Ho off Forbes
April 7, 2022
An Adelson family member again takes top spot among those wealthy people who derive riches from Asian casino gambling business, a...
Sands China Can Survive at Least Through 2022 End, Says Company
April 6, 2022
Sands China, the Macau arm of Las Vegas Sands (NYSE:LVS), said it drew $201 million on a credit revolver last month, providing th...
Is Macau still investible?
March 31, 2022
Macau has long been seen as a city paved with gold – home to the biggest casino market in the world with gaming revenues at one...
Macau operators losing $800m a quarter as Covid stretches on: Morgan Stanley
March 30, 2022
Macau operators’ gas tanks “are running low” after two years of Covid, with the companies reporting $800 million in losses ...
Golden Dragon Group to shutter all four Macau satellite casinos by mid-2022
March 28, 2022
The four satellite casinos operated by former Macau legislator Chan Meng Kam’s Golden Dragon Group are said to be among seven s...