Search Results for: macau ebitda
Asia round-up: MGM’s Macau losses and Australia investigates sportsbooks
November 4, 2022
Today, MGM China revealed its Q3 results – with the fiscal impact of several lockdowns in Macau playing havoc in the Chinese gam...
Macau 2022 GGR estimates at 15 percent of 2019 levels, Morgan Stanley
October 27, 2022
Morgan Stanley reduced its 2022e and 2023e GGR estimates by 17 percent and 3 percent, respectively, to reflect likely ongoing trav...
Macau Legend says material uncertainties around ability to continue as mounting debts spark loan default
September 14, 2022
Macau Legend Development Ltd has warned of “material uncertainties” that may cast significant doubt over its ability to contin...
Ponte 16 narrows 1H EBITDA loss, shareholder loans for ops
September 1, 2022
Success Universe Group Ltd, an investor in Macau casino hotel Ponte 16 (pictured), said the property recorded negative adjusted ea...
MGM Resorts expresses Thailand interest but wary on significant Macau investment
August 4, 2022
MGM Resorts International CEO and President Bill Hornbuckle has outlined the company’s interest in a potential integrated resort...
Macau Legend US$152mln loss, eyes Macau ops after 2022
June 30, 2022
Gaming and hotel services firm Macau Legend Development Ltd reported on Tuesday a net loss of just above HKD1.19 billion (US$151....
Credit Suisse: Macau Recovery Slower than Previously Estimated
June 24, 2022
Macau, the former global gambling Mecca, is facing a slow recovery if projections from Credit Suisse are to become true: the inve...
Galaxy & SJM EBITDA margins tell two different stories
June 7, 2022
By examining the EBITDA margins of Macau’s six gaming concessionaires from the start of 2021 to the end of 1Q22, we take a glim...
Macau concessionaires well-placed to ride out COVID-19 liquidity concerns: Bernstein
May 30, 2022
Macau’s concessionaires are, for the most part, well-placed to ride out liquidity concerns linked to COVID-19 and related borde...
Macau analyst expectations still too rosy, say observers
May 24, 2022
Unclear border reopening plans and rumored visa-troubles have dented industry confidence as to whether Macau will see any meaning...