Search Results for: Macau casino concessionaires
Sands China Embraces Smart Tables, Denies Job Cuts
June 5, 2024
Sands Executive Vice Chairman Dr. Wilfred Wong claims that rather of cutting employees, China is utilizing smart gaming tables in ...
SJM Resorts Welcomes 20% Increase in Non-Gaming Investment Obligations
April 29, 2024
A significant participant in Macau's casino sector, SJM Resorts, has praised a 20% increase in non-gaming investment duties, calli...
LVS expects Londoner Macao to achieve annual EBITDA worth $1.5 billion
March 22, 2024
According to Daniel Briggs, Senior Vice President of Investor Relations at Las Vegas Sands Corp., the Macau-based parent company o...
MGM China announces Special Dividend per share for fiscal year 2023
March 22, 2024
As the second Macau concessionaire to restart dividend payments following the start of the COVID-19 pandemic, MGM China Holdings L...
SJM Resorts declares wage hike for 99.5% of employees.
January 29, 2024
The Macau concessionaire SJM Resorts has said that 99.5% of its staff would benefit from a pay raise that will go into effect on A...
Former Tak Chun Group chair to have reduced jail time, increased financial penalties
January 12, 2024
Levo Chan, the former chairman of Tak Chun Group, was absolved of all fraud charges by the Court of Second Instance in Macau.
A...
Fitch forecasts SJM’s EBITDA to double, reach $461.1 million in 2024
January 5, 2024
Earnings before interest, taxes, depreciation, and amortization (EBITDA) for SJM Holdings Ltd. is expected to rise from an anticip...
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...
Miriam Adelson $2 billion sale of Las Vegas Sands stock won’t affect Sands China unit.
December 1, 2023
The market plummeted earlier this week after Dr. Miriam Adelson disclosed a $2 billion sale of Las Vegas Sands shares. One analyst...
MGS kicks off with 3,000 attendees on first day
November 15, 2023
With 3,000 attendees, the MGS Entertainment Show opened on November 14 at the Galaxy International Convention Center.
Approxima...