Search Results for: macau ebitda
By 2022, Macau Would Have Taken Other Asia-Pacific Gaming Markets
March 23, 2021
Chinese gamblers and tourists will head back to the special administrative region (SAR). Analysts at Morgan Stanley believes tha...
Seaport: MBS Baccarat Hold Impact Overstated
July 26, 2024
Seaport Research Partners suggests that the reported impact of increased baccarat hold rates at Marina Bay Sands (MBS) may be 'hig...
Smart Tables and Side Bets Transforming Baccarat, Says LVS
July 25, 2024
During the company’s 2Q24 earnings call on Thursday morning (Asia time), the issue of baccarat hold was discussed after LVS’s ...
MGM China Raises $500 Million to Replenish Reserves
June 19, 2024
MGM China, a division of MGM Resorts, plans to issue $500 million in senior notes to cover its current debt as well as other corpo...
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 ...
MGM Resorts CEO Defends MGM China’s Promotional Activity Amid Criticism
May 3, 2024
In response to criticism of MGM China's promotional efforts from competitors, Bill Hornbuckle, CEO and President of MGM Resorts, a...
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...
Sands China Commences Renovations at Sheraton Grand Macao and The Londoner Macao
April 19, 2024
In addition to announcing plans to reconstruct The Londoner Macao's second casino starting in May, Sands China has also announced ...
Morgan Stanley Cuts Galaxy Entertainment’s Forecast, Citing Market Share Loss
April 18, 2024
Citing a decline in market share, Morgan Stanley recently lowered Galaxy Entertainment's projected earnings.
Analysts remarked th...
MGM China Highlights Debt Concerns Amidst Strong Performance
April 11, 2024
MGM China voiced concerns in a recent report on its "large indebtedness," announcing that it might make servicing payments on unse...