Search Results for: MACAU GGR
Cotai Arena now closed for renovations
January 12, 2024
In response to GGRAsia's inquiry, the Venetian Macao casino resort in Macau's Cotai area acknowledged that the Cotai Arena is curr...
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...
SJM reportedly facing “deleveraging trajectory,” lags behind industry peers
January 9, 2024
Lucror Analytics indicates that SJM Holdings Ltd, a casino operator located in Macau, seems to be following a "deleveraging trajec...
Melco Resorts joins other concessionaires to provide bonus to employees
January 8, 2024
Melco Resorts & Entertainment Ltd. is the fifth of Macau's six casino operators to formally declare that work finished in 2023...
Galaxy Ent to give one-month worth bonus to employees on January 31
January 8, 2024
According to Galaxy Entertainment Group Ltd., eligible employees will get a "2023 discretionary bonus" that is equivalent to one m...
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...
Studio City set to introduce new retailers, dining facilities
January 5, 2024
Phase 1 and Phase 2 of the Studio City casino resort in Cotai are expected to include additional dining and retail establishments ...
Sands China to distribute discretionary bonus worth one month’s pay to staff
January 5, 2024
The operator of Sands China Ltd.'s casino in Macau said on Thursday that, in appreciation for their accomplishments in 2023, it pl...
Studio City Phase 2 high-limit gambling area experiences increase in business
January 4, 2024
Senior Vice President and Property General Manager of Macau's Studio City, Kevin Benning, said in a recent interview that the prop...
MGM China to grant one-month bonus to staff members around Chinese New Year
January 4, 2024
MGM China Holdings Ltd. said on Wednesday that it would provide qualified employees with a "discretionary bonus" equal to one mont...