Search Results for: macau's ggr
Analysts note high-rollers visits Macau more frequently, engages in increased gambling activities
December 22, 2023
A report from Morgan Stanley Asia Ltd. describes how its analysis team visited the casino hub recently and found that high-end pla...
Las Vegas Sands earns spot on Deutsche Bank’s “Fresh Money List”
December 21, 2023
Las Vegas Sands (LVS) has been included in Deutsche Bank's "Fresh Money List" for the first quarter of 2024, a list of equities th...
Sector rep calls Macau junket credit ban “a huge blow”
December 20, 2023
"Huge blow" is how U Io Hung, the head of the Macau Gaming Promoter Professionals Association, described the local government's le...
Macau casino concessionaires on track to fulfill spending pledges with city gov’t
December 19, 2023
All six of the Macau casino concessionaires have made headway toward fulfilling their individual spending goals as outlined in the...
Survey shows 11% increase in number of high-stakes gamblers in Macau casinos
December 19, 2023
A December research by Citi Research on high rollers in Macau casinos found that there were around 11% more "whales" than there we...
Macau gaming taxes from Jan to Nov show 230% year-on-year increase
December 19, 2023
The Macau government received MOP59.07 billion (US$7.38 billion) in fiscal revenue from gaming taxes in the first eleven months of...
Macau gov’t proposes ban on licensed junkets extending credits to gamblers
December 18, 2023
The Macau government is pushing for substantial changes to the regulations that govern the gambling sector. One such proposal is t...
Macau anticipates shortage in casino inspectors for 2024
December 12, 2023
Macau's Gaming Inspection and Coordination Bureau (DICJ) said that, in 2024, certain job roles in the gaming industry will be fill...
Macau projected to receive up to 28 million visitors by end of 2023
December 12, 2023
After more than 25 million tourists arrived in the first 11 months of this year, Macau's Secretary for Economy and Finance, Lei Wa...
Goldman Sachs says Sands, Wynn offering attractive prices for growth stocks trading
December 12, 2023
New research from Goldman Sachs suggests that investors interested in reasonably priced growth equities in the consumer discretion...