Search Results for: macau's ggr
Jefferies Report: Macau Gaming Operators Face Economic Pressures
July 24, 2024
Jefferies' latest memo reveals that Macau's gaming operators are experiencing pressure from macroeconomic conditions. The region's...
Macau gaming sector sees 57% spike in suspicious transactions reports in 1H 2024
July 18, 2024
Macau's gaming sector has experienced a significant increase in Suspicious Transaction Reports (STRs) in the first half of 2024, a...
Macau Draws 1.17M Overseas Visitors in First Half 2024
July 8, 2024
Macau's Tourism Grows: Over 1.17 Million Overseas Visitors in the 2024 First Half
An official from Macau’s tourism authority re...
Package tour visitors to Macau increased by 225% year-to-May
June 27, 2024
Data issued on Wednesday by the city's Statistics and Census Service shows that inward package tour visitors to Macau surpassed 92...
Operations in Macau rise; those in China and Southeast Asia less so: Moody’s
June 25, 2024
Over the next 12 to 18 months, Moody's predicts a recovery in casino industry earnings and cash flow, mostly in Macau, due to an i...
Macau Casinos Ditch Free Snacks, Stocks Dip But Impact on Revenue Seen as Minimal
June 14, 2024
Macau casinos are getting rid of free snacks, which could lower foot traffic overall but not significantly affect gaming revenue, ...
Macau Gaming Revenue Soars, Eyes Record in May
May 21, 2024
Due to a strong gain over the past week, Citigroup analysts have upgraded their May gross gaming revenue (GGR) projection, reflect...
Galaxy Entertainment Group Reports Surge in Revenue Following Gaming Floor Overhaul
May 15, 2024
Galaxy Entertainment Group's performance has increased dramatically under the direction of chairman Dr. Lui Che Woo.
This can be ...
Melco Resorts & Entertainment CEO Drives Turnaround Amidst Strong Q1 Performance
May 2, 2024
The first quarter of 2024 saw a significant rise in operational revenues for Melco Resorts & Entertainment, which is headed by...
Galaxy Entertainment and MGM China Adapt to Fierce Competition
April 18, 2024
During the HSBC Global Investment Summit 2024 held in Hong Kong, Galaxy Entertainment and MGM China, two of the biggest names in M...