Macau
Macau gaming revenue beats estimate on premium player enthusiasm
Result beats the 10.5% estimate and returns to 92% of its pre-pandemic 2019 level
NBA partners with Alibaba, makes China comeback in Macau
The world’s largest gambling hub is the only place in China where Chinese citizens are legally allowed to gamble in casinos
Macau gaming revenue misses estimate in post-summer slowdown
[MACAU] Macau’s gaming revenue rose 6 per cent in September, missing analyst expectations as visitation fell in a post-summer holiday slowdown in the world’s biggest gambling hub.
Macau’s first ‘patriots’ election sees low turnout
MACAU’S first “patriots only” legislative polls on Sunday saw one of the worst turnout rates in recent years, preliminary results showed, after authorities disqualified a dozen candidates and arrested...
Macau gaming revenue meets estimate on summer holiday boost
[MACAU] Macau’s gaming revenue rose 12.2 per cent in August, roughly meeting analyst expectations as the world’s biggest gambling hub wraps up its best-performing post-Covid summer off the bat of ente...
Melco eyes global casino expansion on new asset-light model
The group is now focusing on reducing its borrowings as Macau’s growth potential has been constrained by Beijing’s crackdown on high rollers and tighter regulations
Macau’s gaming revenue boom roars on with another estimate beat
[MACAU] Macau’s gaming revenue rose 19 per cent in July, exceeding analyst expectations for the fourth consecutive month as big bettors’ growing appetite for spending injects new momentum into the rec...
Macau casino bulls see stock rally extending as revenue grows
Eased travel policy and railway improvements are among the factors seen keeping the uptrend going
Las Vegas Sands misses profit estimates on weakness in Macau business
CASINO operator Las Vegas Sands missed analysts’ estimates for fourth-quarter profit on Wednesday (Jan 29), hurt by tepid performance of its Macau business.
Macau sees surge in bond listings in pivot away from gambling
MACAU is hosting a record amount of bond listings as the world’s top gambling hub boosts efforts to diversify its economy and establish itself as an alternative financing hub for Chinese firms.