Search Results for: Macau Industry
Deutsche Bank analysts revise fourth-quarter 2023 EBITDAR forecast for MGM China
February 7, 2024
The analysts at Deutsche Bank have increased MGM China's estimated fourth-quarter 2023 EBITDAR from $231 million to $254 million. ...
Fitch assigns ‘BB-’ rating to Wynn Resorts, subsidiaries
January 31, 2024
Fitch Ratings Inc. has rated Wynn Resorts Ltd. and many of its subsidiaries, including Wynn Macau Ltd., as "first-time" 'BB-' issu...
Galaxy International Convention Center to host major international sports summit
January 31, 2024
The Galaxy International Convention Center in Macau will host the first Greater Bay Area International Sports Business Summit on F...
Wynn Resorts partners with Fudan University to introduce “Wynn Educational Tour”
January 25, 2024
Wynn Resorts and Fudan University's Department of Tourism have partnered to introduce the "Wynn Educational Tour," which intends t...
Venetian Macao, Parisian Macao accredited to host healthcare meetings
January 22, 2024
The Venetian Macao and the Parisian Macao, both owned and operated by Sands China Ltd. in Cotai, are certified by Meeting Professi...
79.4% rise in casino-related STRs in 2023 due to “economic recovery”
January 18, 2024
The Financial Intelligence Office in Macau claims that the reason for the 79.4% rise in casino-related suspicious transaction repo...
Asian casino parent groups could experience “leveraging impacts” in case of NY project
January 11, 2024
The parent firms of several casino brands that operate in Asia would see "leveraging impacts" if any of them are granted one of th...
AGTech Holdings secures bid to supply lottery terminals in Shanghai, Guangdong
January 4, 2024
The Macau-based company AGTech Holdings has been awarded a contract to provide lottery terminals to the Sports Lottery Administrat...
Asia-Pacific casinos experience recovery despite regional challenges in 2023
December 29, 2023
The Asia-Pacific licensed casino business had a notable rebound in 2023 after overcoming the challenges posed by COVID-19 restrict...
Ceasars stocks sees spike in options trading
December 15, 2023
In light of anticipation that the Federal Reserve may lower interest rates in the first quarter of 2024, recent reports look at th...