11/17/23 Moody’s upgrades Melco Resorts credit rating Analysts cited Macau’s strong gaming revenue recovery and Melco’s shift towards premium mass and direct VIP customers.
11/16/23 Macau gaming EBITDA in Q3 reached US$1.8bn, analysts say Macau’s gaming property EBITDA margins grew by 0.3 per cent compared to 2019.
11/15/23 Macau GGR won’t reach US$22.45bn target, CE says Chief executive Ho Iat Seng said that it is “impossible” for the city to reach its target this year.
11/14/23 Waterfront Philippines profit drops 80% in Q3 Waterfront Philippines has reported profit of PHP27.53m.
11/14/23 Macau GGR reaches US$820.5m in first 12 days of November Citigroup says Macau’s casino gross gaming revenue reached a daily run-rate of MOP543m.
11/14/23 Galaxy to host 50 concerts and 250 MICE events in 2024 Galaxy Entertainment Group says it’s committed to a wide range of non-gaming offerings in Macau.
11/14/23 Singapore’s October visitor arrivals hit 1.13m Indonesia remains Singapore’s top source market.
11/14/23 Goa to cancel casino licences in event of staff convictions The state government will revoke licences if key managerial staff are convicted of a criminal offence.
11/10/23 Andaz Macau to fully open by February, analysts say Andaz Macau is to open all 700 rooms by Chinese New Year 2024, according to a note from CBRE Securities.
11/10/23 Singapore casino entry levy revenue surpasses pre-Covid levels Revenue reached SGD147.31m in the fiscal year ending March 31.
11/10/23 Wynn Macau reports operating revenues of US$819.8m for Q3 Operating revenues were up 6.5 per cent from the preceding quarter.
11/10/23 Kangwon Land net profit down 19.4% in Q3 The casino operator has posted a net profit of KRW73.8bn.
11/08/23 City of Dreams Manila operating revenue up 7.3% in Q3 Operating revenue at City of Dreams Manila was US$124.9m.
