Saturday, July 4, 2020

Macau

Macau GGR hits MOP11.2b in first week of March

Macau’s gross gaming revenue hit about MOP11.2 billion ($1.4 billion) through to March 9th in an “encouraging start” to the month, Sterne Agee says...

Macau gaming revenue hits new record in Feb.

Macau’s February gaming revenue jumped 40.3 percent year-on-year to a record MOP38 billion, topping forecasts for growth of between 30-35 percent. According to UBS...

LVS tops SJM in Feb. Market Share, Sterne Agee says

Las Vegas Sands has overtaken SJM Holdings to take the top slot in terms of market share in Macau in February, Sterne Agee says....

Macau casinos may not get all the tables they are seeking, Tam says

Macau’s casino operators may not get all the tables they have requested for their new developments on Cotai, according to Secretary for Economy and...

Feb. GGR seen up 35 percent, March forecast to break records

Sterne Agee has upped its February forecast to MOP36.4 billion, up 35 percent year-on-year, from its previous estimate of growth of between 26 to...

SJM Holdings 2013 revenue rises 10.2 percent

SJM Holdings said 2013 revenue rose 10.2 percent to a record HK$86.95 billion ($11.2 billion), with profit attributable to shareholders gaining 14.2 percent to...

Melco Crown to pay special dividend, adopt new payout policy

Melco Crown said directors have approved plans to pay a special dividend of about $0.1147 a share, subject to shareholder approval. The dividend will...

Slot machine parlor closures “inconsequential” to Melco Crown stock rating

The Macau government’s plans to close down all standalone slot parlours over time will have a negative impact on Melco Crown’s Mocha clubs, but...

Casino workers threaten protest against gaming table expansion

The Forefront of Macau Gaming union is threatening a series of protests to force the government to disclose how many tables it may allow...

Sands CEO sees continuing momentum after Chinese New Year

Sands China President and Chief Executive Edward Tracy said he expects the company’s financial momentum to continue after a successful Chinese New Year. Sand’s...

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