Search Results for: MACAU GGR
Covid outbreak disrupts Macau near term recovery: Bernstein
June 20, 2022
Bernstein expects that Macau GGR will be severely impacted in both June and July.While casinos will not be shut down but visitati...
Macau ops to sign 6mth contract rollover June 23
June 15, 2022
The Portuguese-language radio service of Macau public broadcaster TDM reported on Tuesday – citing its own unnamed sources – ...
Wynn Resorts Loans Macau Unit $500M
June 15, 2022
Wynn Resorts (NASDAQ:WYNN) is extending a $500 million credit facility to its Wynn Macau arm to shore up its finances.
Accordi...
Macau Legend to continue casino ops to Dec: CEO
June 14, 2022
Casino services firm Macau Legend Development Ltd has agreed with gaming operator SJM Holdings Ltd to extend the provision of gam...
Ponte 16 Executive Says Macau Government Should Allow Satellites to Get a Performance-Based Casino Revenue Share
June 14, 2022
A management official at one of the most prominent satellite casino resorts in Macau – Ponte 16 – has shared his hopes to see...
Macau casino operators to be subject to new shareholding stipulations
June 14, 2022
n Macau and the draft gaming bill currently being scrutinized by lawmakers will reportedly contain a clause that is to ban any en...
Macau to cut forecast as June revenue drops
June 8, 2022
Gross gambling revenue in Macau in June is likely to be 80 per cent below its pre-Covid levels and the government is now planning...
Macau stocks gain on hopes travel visa policy will be less restrictive
June 7, 2022
Wynn Resorts (WYNN +1.9%), Las Vegas Sands (LVS +1.2%), Melco Resorts & Entertainment Limited (NASDAQ:MLCO +8.8%), and MGM Re...
Macau casino revenues remain below pre-pandemic levels and analyst expectations
June 3, 2022
Once a gambling mecca for international travelers, Macau continues to have trouble recovering from the COVID-19 pandemic. The SAR...
Macau ops comfortable on fresh licences: Goldstein
June 3, 2022
Robert Goldstein, the boss of casino group Las Vegas Sands Corp, hinted on Wednesday that all six Macau casino operators would ge...