Tuesday, October 8, 2024

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SkyCity Entertainment Horizon Hotel to open on August 1st

SkyCity Entertainment Group has announced has announced the completion of construction works for its five-star Horizon Hotel in Auckland, with opening now scheduled for August 1, 2024.

Average wager per player at Macau premium mass rooms almost doubled during Golden Week

The average wager per player at Macau premium mass rooms during the National Day Golden Week increased by 94 percent compared to the same period in 2019, according to the latest Table Survey conducted by Citigroup.

Premium mass room at Raffles records much higher average wager per player: Citigroup

Investment bank Citigroup notes Galaxy Macau Phase 3 has a "solid debut" of its premium mass room, recording a 52 percent higher average wager per player compared to pre-COVID levels.

Macau premium mass play hits record high during October Golden Week: Citigroup

According to a report from Citigroup, Macau’s premium mass wagers surged during the October Golden Week, shattering previous records.

Accelerating gaming spending in Macau amid China’s weak economy: Citigroup

A recent table survey from Citigroup reveals a significant acceleration in gaming spending in Macau, with the average wager for high-stakes players—commonly referred to as ‘whales’—increasing by 43 percent.

Macau’s premium mass wager up with Galaxy gaining market share: Citigroup

Citigroup, in its August premium mass table survey, has observed that Macau continues to demonstrate resilience in gaming amid China’s economic headwinds, maintaining robust player demand.

Macau premium mass resilient, Sands regains pole position: Citigroup

According to a recent memo from Citigroup, business trends in the Macau gaming sector appear to be resilient in April, especially leading up to the Labor Day break.

Macau achieves best-ever performance in premium mass during CNY: Citigroup

Macau witnessed its best-ever performance in the premium mass segment during the Chinese New Year (CNY), with Galaxy Entertainment emerging as the market share winner, according to the Citigroup.

Concerts further boost casino revenue: Citigroup

Popular concerts held in Macau continue to boost the city's gaming revenue, as Citigroup's Table Survey indicates. The survey shows that the average wager per player in the premium mass segment increased by 37 percent compared to November 2019, reaching HK$22,251 ($2,856).

Macau premium mass average wagers not affected by seasonality: Citigroup

Citigroup reaffirms that Macau's gaming industry shows no signs of slowing down. Despite the decline in total wagers in the premium mass market, average wagers remain strong and unaffected by seasonality.