Search Results for: Sands China
Macau aggregated casino operator debt forecast to top $25 billion this year
May 25, 2022
Global brokerage and investments firm Morgan Stanley has reportedly warned that the combined debt of the six licensed casino oper...
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...
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 ...
Macau Casino Operators to Pay $6M Each for License Extensions Through 2022
March 29, 2022
The six Macau casino operators will each pay the enclave government MOP47 million — or roughly $5.83 million based on today’s...
Macau landmarks go dark for Earth hour
March 28, 2022
Major landmarks across the SAR have turned off their lights for sixty minutes at 8:30pm on Saturday to mark Earth Hour.
The in...
Wynn Resorts Wins Travel + Leisure Sustainability Award
March 18, 2022
Sustainability and environmental, social, and governance (ESG) practices are all the rage in Corporate America. And gaming compan...
Macau Concessionaires Packing on Debt
March 18, 2022
Macau’s six gaming operators are seeing debt burdens swell in the wake of the coronavirus pandemic, and that’s a drag on equi...
Net debt of Macau casino operators has quadrupled since 2019
March 18, 2022
The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the coronavirus ...
Macau casino operators not set to face increase in tax rates
March 18, 2022
The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under the provisions of ...
Macau casino shares continue to fall as neighbouring lockdowns intensify
March 17, 2022
The Bloomberg index that tracks the evolution of the shares of Macau gaming operators fell by 10 per cent due to the extension of...