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Galaxy denies favoring non-local workers in Cotai construction
Galaxy Entertainment has issued a statement denying allegations that it favored non-local construction workers as it transferred them from the Phase 3 site to...
Macau ex-sports chief suggests moving Grand Prix to Cotai
Macau’s former sports chief Manuel Silverio has suggested moving the Macau Grand Prix to Cotai, from its current home at the Macau peninsula.
Silverio made...
Sands China reports 8.4 percent boost in profits for 2019
Sand China has reported profits of over US$2 billion for the year 2019, which was an 8.4 percent advance over the previous year’s figure....
MGM Cotai ramp up slow, Bernstein says
The ramp up of MGM China’s property of Cotai has expanded the operator’s footprint in Macau significantly, though ramp up has been “very slow,” according to analysts at Bernstein Research.
Macau Q1 earnings likely to surprise to the downside: MS
The earnings of Macau’s six operators may produce some negative surprises amidst higher staff costs, higher reinvestment rates and slowing revenue growth, Morgan Stanley forecasts.
Peninsula casinos aren’t going anywhere: report
While revenue from casinos in Cotai continue to outstrip their Peninsula counterparts, the latter will always be an attraction for clients “of a different...
MGM Cotai opens on Jan 29, celebrations to follow
MGM China Holdings says the Jan. 29 opening of its MGM Cotai resort will kick off a series of celebrations designed to showcase the...
MGM China 17Q1 revenue gains on mass hold increase
MGM China reported a 7 percent gain in net revenue for 17Q1, driven mainly by an increase in main floor table game revenue due...
Police suspect foul play in Grand Lisboa Palace fire
Authorities suspect foul play in a fire that broke out at the construction site of SJM Holding’s new casino on Cotai, the Grand Lisboa...
MGM China 16Q4 revenue edges higher
MGM China Holdings reported an improvement in 16Q4 profit and said revenue edged up, helped mainly by a higher VIP hold.
The company said revenue...