Search Results for: Macau Casino Industry
Macau’s March 2024 Revenue Surges to US$2.43 Billion
April 8, 2024
Macau reported a significant increase in revenue in March 2024.
In March 2024, Macau's monthly income reached MOP$19.5 billion ...
Smart Gaming Tables and RFID Chips Forecasted to Boost Macau Casino Revenues
April 8, 2024
Incorporating RFID chips and smart gaming tables into Macau's casinos is anticipated to automatically increase gaming revenues wit...
CLSA raises its 2024 gross gaming revenue forecast for Macau
April 8, 2024
Global stockbroker CLSA has increased its forecast of Macau's gross gaming revenue (GGR) to $30.3 billion by 3.5% for 2024. The re...
Air Macau to include first wide-body aircraft to its fleet this year
April 4, 2024
The first wide-body aircraft to be added to Air Macau's fleet this year is scheduled to arrive in Macau. The A330-300 took off fro...
Macau 1Q24 EBITDA could come in below GGR growth as operators focus on deleveraging
April 4, 2024
Morgan Stanley predicts that in the first quarter of 2024, Macau's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amor...
Macau’s horse racing track hosted final races after 40 years
April 1, 2024
The last horse races were held at Macao's track on Saturday, after more than 40 years. This was the end of the sport in the city f...
Macau casino GGR for first 24 days of March at $77.1 million
March 26, 2024
Based on industry inspections, Macau's daily run-rate of casino gross gaming revenue (GGR) for the first 24 days of March averaged...
Thailand’s casino legalization won’t affect Vietnam market: Grand Ho Tram CEO
March 21, 2024
According to Walter Power, CEO of Grand Ho Tram Resort, Vietnam's gaming sector is unlikely to be significantly impacted by Thaila...
IRs must provide non-gaming elements to ensure sustainable success: industry experts
March 21, 2024
Integrated Resorts (IRs), which provide a wide range of activities to draw guests, have long been associated with gambling. Howeve...
Macau’s gaming industry expected to further strengthen as market continues recovery through 2024
March 14, 2024
In a letter on Wednesday, CBRE Capital Advisors Inc. said that as the market continues to rise through 2024, credit fundamentals i...