Thursday, May 9, 2024

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SOFTSWISS game aggregator hits €13 billion in monthly total bets: 1Q24

In Q1 2024, the SOFTSWISS Game Aggregator, an industry-leading renowned game content hub, reached a significant milestone: over 13,000,000,000 euro bets were handled each month.

Seaport: Macau May GGR could reach up to $2.58B – a post-pandemic high

A top analyst is forecasting that Macau’s gross gaming revenue in May could hit its highest monthly tally so far this year, and the highest since the onset of the pandemic, at $2.5 billion, even potentially going as high as $2.58 billion.

Macau May GGR could grow 6% m-o-m to $2.45B: CLSA

Brokerage CLSA predicts that Macau's gross gaming revenue (GGR) in May could grow by 6 percent month-on-month, amounting to $2.45 billion.

Philippines GGR to grow 15% this year, driven by domestic mass: Maybank

The Philippines' gross gaming revenue is expected to grow ‘at least 15 percent’ this year, following record-breaking 2023.

Macau’s May GGR expected to hit $2.5B, Labor Day hotel prices 30% below CNY: brokerages

Investment bank Citigroup anticipates that Macau’s gross gaming revenue (GGR) in May could reach MOP20 billion ($2.49 billion), about 77 percent of 2019 levels.

Macau’s April GGR reaches $2.29B, down 4.9% m-o-m

Macau’s gross gaming revenue (GGR) amounted to MOP18.5 billion ($2.29 billion) in April, reflecting a 4.9 percent decrease from March’s MOP19.5 billion ($2.42 billion).

City of Dreams Sri Lanka could achieve up to $250M in GGR: Melco Resorts CFO

The recently announced City of Dreams Sri Lanka project could achieve Gross Gaming Revenue (GGR) ranging between $200 million to $250 million on a run-rate basis, the group's management revealed.

Northbound spending fever in HK has “few” impacts on Macau GGR: experts

Hong Kong may continue to serve as one of Macau’s leading source markets, despite undergoing continuous reshaping of its consumer market, with minimal impacts on GGR.

Citigroup trims Macau April GGR to $2.23B due to flat daily run-rate

Citigroup has trimmed its forecast for Macau's gross gaming revenue (GGR) from $2.3 billion to $2.23 billion for April due to the anticipated flattish daily run-rate.

Drops in VIP trigger 44% fall in PLC’s City of Dreams Manila GGR share

City of Dreams Manila saw a significant drop in VIP revenue during the first three months of the year, causing one of its parent companies - Premium Leisure Corp (PLC) - to record a 44 percent annual drop in gaming revenue from the property.