Search Results for: MACAU GGR
Bernstein predicts the Macau lockdown to be extended beyond 7 days
July 12, 2022
Bernstein analysts reduced their GGR forecast for Macau, as they believe that the lockdown “may last longer than seven days.”...
Macau Lockdown Slashes Targets For Las Vegas Sands, MGM, Wynn
July 12, 2022
Gambling stocks traded sharply lower on Monday morning as Macau casinos shut down for a week. In response, one Wall Street analys...
Coughlan to exit as Wynn Macau Ltd president in February
July 7, 2022
Macau casino operator Wynn Macau Ltd said on Wednesday that its long-serving president, Ian Coughlan (pictured), would be leaving...
Macau gaming shielded in case of global recession: analysts
July 7, 2022
An eventual global recession would have “some impact” on the United States casino industry, but limited impact on Macau’s c...
And now for some good news: Global recession would have little impact on Macau gaming
July 6, 2022
Warnings from economists and major financial organizations, including the World Bank, that a global recession is on its way pose ...
Wynn Macau Ltd name fees to parent capped at US$74.5mln
July 1, 2022
Macau casino operator Wynn Macau Ltd and its gaming licence-holding entity Wynn Resorts (Macau) SA will pay at most US$74.5 milli...
Macau Legend US$152mln loss, eyes Macau ops after 2022
June 30, 2022
Gaming and hotel services firm Macau Legend Development Ltd reported on Tuesday a net loss of just above HKD1.19 billion (US$151....
Macau casino Covid tests from Fri, ops pay for staff tests
June 29, 2022
Macau’s casino regulator said in a Tuesday statement that a guideline regarding Covid-19 testing on anyone entering a Macau cas...
2022 total GGR to be closer to 2020 results than 2021 – Analyst
June 28, 2022
This year will end with gross gaming results closer to those of 2020 when the pandemic first started than in 2021 due to the rece...
Credit Suisse: Macau Recovery Slower than Previously Estimated
June 24, 2022
Macau, the former global gambling Mecca, is facing a slow recovery if projections from Credit Suisse are to become true: the inve...