Search Results for: macau ebitda
Seaport: Non-gaming to make up 15% of Macau revenues by 2024
June 26, 2024
Macau's diversification efforts show a positive impact, with non-gaming sectors expected to contribute 15% of concessionaire reven...
CLSA raises its 2024 gross gaming revenue forecast for Macau
April 8, 2024
Global stockbroker CLSA has increased its forecast of Macau's gross gaming revenue (GGR) to $30.3 billion by 3.5% for 2024. The re...
Macau Legend reports net loss of nearly $ 628,000 for full-year 2023
April 1, 2024
Despite a 26.7 percent increase in sales to HKD901.6 million, Macau Legend Development Ltd reported a net loss of around HKD4.9 mi...
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...
Macau’s gaming industry expected to further strengthen as market continues recovery through 2024
March 14, 2024
In a letter on Wednesday, CBRE Capital Advisors Inc. said that as the market continues to rise through 2024, credit fundamentals i...
Deutsche Bank: Macau’s mass market gaming revenue surpasses pre-COVID levels in Q4 2023.
March 7, 2024
According to a report by Deutsche Bank's Carlo Santarelli, Macau's consolidated mass gaming revenues have officially surpassed pre...
Melco CEO acknowledges company experienced decline in market share in Macau in 2023
March 1, 2024
Chairman and CEO Lawrence Ho Yau Lung acknowledged during Melco Resorts & Entertainment Ltd.'s fourth-quarter earnings call on...
Fitch describes likelihood of further improvement to Macau’s concessionaires ratings as “constrained”
February 22, 2024
The likelihood of further improvement in Macau's concessionaires' ratings was categorized as "constrained" by Fitch Ratings on Thu...
MGM China reports record-breaking Adjusted Property EBITDAR figures
February 14, 2024
With fourth-quarter and annual Adjusted Property EBITDAR results that broke records, concessionaire MGM China of Macau has had a r...
Wynn Macau shows sequential growth in GGR during fourth quarter of 2023
February 12, 2024
JP Morgan Securities (Asia Pacific) Ltd, Wynn Macau Ltd outperformed the rest of the Macau casino sector in terms of the sequentia...