Search Results for: macau ebitda
Macau casino GGR could reach $29.2 billion in 2024
January 9, 2024
According to Jeffrey Kiang, a CLSA analyst, Macau's casino gross gaming revenue (GGR) might increase dramatically and reach HKD 22...
Fitch forecasts SJM’s EBITDA to double, reach $461.1 million in 2024
January 5, 2024
Earnings before interest, taxes, depreciation, and amortization (EBITDA) for SJM Holdings Ltd. is expected to rise from an anticip...
Macau casino GGR for first 17 days of December estimated at $1.12 billion
December 19, 2023
According to JP Morgan Securities (Asia Pacific) Ltd., Macau's casino gross gaming revenue (GGR) for the first 17 days of December...
Macau to experience increase in foot traffic, casino GGR over holidays
December 14, 2023
Investment bank UBS AG forecasts a sharp rise in Macau's foot traffic and casino gross gaming revenue (GGR) as the city gets close...
Moody’s upgrades outlook on Wynn Macau from ‘negative’ to ‘stable’
December 13, 2023
Moody's Investors Service upgraded Wynn Macau Ltd.'s outlook from "negative" to "stable."
Additionally, the corporation's senio...
Citigroup optimistic about growth prospects for Macau’s casino industry in 2024
December 5, 2023
Citigroup is upbeat about the expansion prospects of the Macau casino industry in 2024, citing the outstanding achievements of the...
Gaming sector provides 17 to 18% of Macau’s total GGR
December 1, 2023
According to reports, during the first nine months of this year, the Macau gaming sector generated about US$2.7 billion in premium...
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...
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...