Search Results for: macau's ggr
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...
Macau’s tourism campaign generates substantial bookings from tourists
November 23, 2023
"My Treat for You, Joyful Macao Tour," Macau's tourism promotion, has been a big hit, bringing in a lot of business and highlighti...
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...
Macau’s casino industry EBITDA for 3Q above 2019 levels
November 16, 2023
In the third quarter, Macau's casino sector had a higher industry-wide margin for property profits before interest, taxes, depreci...
Macau’s casino concessionaires urged to invest in non-gaming activities
November 15, 2023
To enhance the tourism experience in Macau, casino concessionaires are being pushed to invest billions in non-gaming ventures and ...
Macau Chief Executive skeptical about city’s GGR reaching US$22 billion this year
November 15, 2023
Ho Iat Seng is not optimistic that the gross gaming revenues (GGR) of the city will surpass MOP$180 billion (US$22.4 billion) this...
Macau earns $820.5 million in GGR for first 12 days of November
November 14, 2023
Citigroup Inc. said in a letter on Monday that Macau casinos' gross gaming revenue (GGR) for the first twelve days of November was...
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...
Macau projects city’s casino GGR for 2023 will reach MOP 216.0 billion
November 3, 2023
The Macau government projects that in 2023, the gross gaming revenue (GGR) of the city's casinos would amount to MOP 216.0 billion...
Macau reports 30.6% month-on-month increase in casino GGR for October
November 3, 2023
The gross gaming revenue (GGR) from Macau's casinos climbed by 30.6% month over month in October, reaching just over MOP19.50 bill...