Search Results for: macau ebitda
Melco Resorts Rating Upgraded Due to Macau’s Fast Recovery: S&P
May 17, 2023
Melco Resorts & Entertainment‘s credit rating has been upgraded by S&P Global from “negative” to “stable” due to...
Despite Delayed Relaunch, Macau Leads Worldwide Gaming
April 28, 2023
According to a note released on Wednesday by Moody's Investors Service Inc., the gaming sector in Asia Pacific will benefit in the...
Wynn Macau is Set to Take Market Share Away From Competitors
January 25, 2023
In the upcoming years, Wynn Macau might increase its market share in the Chinese region. Due to the collapse of the junket sector,...
The Future is Brighter for Macau as Profits Grow Back
January 20, 2023
China only recently loosened up its strict zero-COVID rule. However, it seems to be yielding quick results for Macau casino owners...
Macau casino CNY outlook brighter on travel easing: JPM
January 9, 2023
Brokerage JP Morgan Securities (Asia Pacific) Ltd says the Macau casino mass-market segment might perform better than it expected ...
JP Morgan: Genting Malaysia still likely to pursue Macau investment despite missing 10-year concession
November 28, 2022
Genting Malaysia missed out on one of Macau’s new 10-year gaming concessions on Saturday, but that doesn’t mean the company is...
MS lowers Macau estimates, as Covid cases hinder e-visas
November 22, 2022
Brokerage Morgan Stanley Asia Ltd has reduced by 15 percent and 3 percent respectively, its forecast for Macau market casino gross...
COVID-zero policy led Wynn Macau to $163 million revenue loss in 3Q22
November 11, 2022
During the past 3 months until September 30th, 2022, Wynn Resorts, a leading developer of high quality hotels and casinos, saw rev...
Wynn Resorts Results Again Walloped By Macau
November 10, 2022
It’s become a familiar refrain for casino operators with Macau exposure. That being that the Chinese territory is a drag on earn...
GEN Malaysia to cut debt gearing as EBITDA grows: Fitch
November 10, 2022
Fitch Ratings Inc says it expects casino operator Genting Malaysia Bhd to deleverage to a level of 3.2 times by 2024, from 4.2 tim...