Search Results for: MACAU GGR
Deutsche Bank optimist over Y23, forecasts double GGR
September 5, 2022
Deutsche Bank presented an optimistic forecast for 3Q and 4Q2023, with the expectation of GGR reaching $24.3 billion, a jump of mo...
MGM Stock Has Goods to Weather Macau Storm
August 30, 2022
By way of its 56% stake in MGM China, MGM Resorts International (NYSE:MGM) is exposed to slumping Macau. But the stock has the ing...
Macau tourism promotion again on mainland as visits rise
August 30, 2022
Macau began on the Chinese mainland on Sunday the latest promotional drive for its tourism industry, after the daily tally of inbo...
SJM Hldgs, Macau govt nod capital increase for SJM Resorts
August 30, 2022
SJM Resorts Ltd, the entity that holds a current Macau gaming concession on behalf of parent SJM Holdings Ltd, has received the ne...
Macau 2Q GDP down 39pct as gaming exports slump
August 30, 2022
Macau’s gross domestic product (GDP) declined by 39.3 percent year-on-year in real terms in the second quarter of 2022, accordin...
Macau table and slot yearly minimums affordable: Kwok
August 30, 2022
The government-set annual minimums for gross gaming revenue (GGR) per Macau casino gaming table and per slot machine are “afford...
Macau Casino Tax Revenue Totals $1.73B January Through July 2022, Down 37 Percent
August 26, 2022
Macau casino tax receipts through seven months of 2022 totaled MOP13.96 billion (US$1.73 billion), a more than 37% year-over-year ...
Melco Resorts ok at zero Macau revenue to 2024: analyst
August 25, 2022
The “liquidity runway” for Macau casino operator Melco Resorts and Entertainment Ltd is “the strongest among peers at 22 mon...
MGM China injects US$594 million into Macau unit to meet new casino bidding requirements
August 23, 2022
MGM China will inject 4.8 billion patacas (US$594 million) into a subsidiary that holds a sub-concession to operate casinos in Mac...
MGM China to inject $594 million into Macau unit to re-tender for casino license
August 22, 2022
Casino operator MGM China Holding (2282.HK) said it will inject 4.8 billion patacas ($594 million) into its MGM Grande Paradise un...