Search Results for: MACAU GGR
Macau gov’t explores ways to tackle unauthorized money exchange activities
November 22, 2023
The Macau government is now considering ways to stop illegal money exchange operations, which are common on casino floors and in t...
Macau market reveal positive trends in premium mass gaming sector
November 20, 2023
The most recent market evaluations of Macau by Citigroup show significant positive trends in the premium mass gaming sector. Novem...
Macau continues to see a robust recovery in fiscal revenue from gaming taxes
November 17, 2023
The fiscal revenue of the Macau government from casino taxes is increasing; during the first ten months of 2023, MOP51.55 billion ...
Macau’s 3Q mass market revenue surpasses 95% of pre-COVID levels
November 16, 2023
Macau's mass market gaming revenues in the third quarter of 2023 exceeded 95% of pre-COVID levels, a 771% increase over the same p...
Macau’s casino industry EBITDA for 3Q above 2019 levels
November 16, 2023
In the third quarter, Macau's casino sector had a higher industry-wide margin for property profits before interest, taxes, depreci...
Macau’s casino concessionaires urged to invest in non-gaming activities
November 15, 2023
To enhance the tourism experience in Macau, casino concessionaires are being pushed to invest billions in non-gaming ventures and ...
JP Morgan “not worried” by correction in Macau casino stock prices
November 13, 2023
According to JP Morgan Securities, as of Friday's close, the value of casino stocks in Macau had decreased by 2.5% to $12.7%. The ...
Macau’s concessionaires fall back to 2022 COVID levels, analysts puzzled over low stock prices
November 13, 2023
The combined market value of Macau's six concessionaires has increased significantly in the third quarter, although it is still on...
Wynn Macau experiences robust market rebound in 4th quarter
November 10, 2023
The casino operator Wynn Macau Ltd. announced a robust market rebound in the fourth quarter, with the mass-market table games decl...
MGM Resorts CEO expresses plans amid booming business in Macau
November 9, 2023
Macau's industry is booming, according to Bill Hornbuckle, CEO and President of MGM Resorts International, on the call after the c...