Search Results for: macau ebitda
MGM Resorts CEO expresses plans amid booming business in Macau
November 9, 2023
Macau's industry is booming, according to Bill Hornbuckle, CEO and President of MGM Resorts International, on the call after the c...
Galaxy Entertainment reports 3Q adjusted EBITDA marking 12% increase
November 9, 2023
The third-quarter adjusted EBITDA of Galaxy Entertainment Group Ltd, a Macau casino operator, was slightly under HKD2.77 billion (...
Macau mass-market baccarat revenue up by 11.6%
October 17, 2023
Mass-market baccarat in Macau generated a healthy MOP29.77 billion in revenue in Q3 2023, up 11.6 percent from Q2. VIP baccarat, o...
NagaCorp Cambodia unlikely to return to pre-COVID EBITDA levels
September 29, 2023
According to a Citigroup investment paper, NagaCorp of Cambodia is unlikely to return to pre-COVID EBITDA levels anytime soon, giv...
Macau casinos likely to reduce COVID-19 debt loads by 2027.
September 21, 2023
According to an analysis by Morgan Stanley, Macau's casino proprietors, who faced financial difficulties during the COVID-19 pande...
Mass table games and ETGs push Macau’s SJM Q2 GGR to USD 722M
August 22, 2023
SJM Holdings, the operator of Macau’s famous Grand Lisboa and Casino Lisboa, posted its Q2 performance, which is up 241% year-on...
MGM reaches USD 3.9B in Q2; success partly owed to Macau tourism spike
August 4, 2023
International IR and gaming giant MGM Resorts International rakes in USD 741M in net revenues this quarter; MGM to invest more in ...
Macau revenue to reach USD 1.6B in 2Q this year
June 29, 2023
Investment bank Morgan Stanley said in a new research note that it expects Macau industry-wide EBITDA to reach US$1.6 billion for ...
Galaxy Entertainment is Boss Respects Macau Gov’t Decision to Shutter Junkets
May 24, 2023
Lui Che Woo, Chairman of Macau gaming operator Galaxy Entertainment Group (GEG), says that he respects the authorities’ decision...
Players Return; Galaxy Entertainment Group Returns To Pre-Pandemic Profit Levels as EBITDA Reaches US$244M
May 23, 2023
In the first quarter of 2023, casinos in Macau saw a recovery, with Galaxy Entertainment on Monday the newest to announce a big re...