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Focus Gaming News | Macau

Macau

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02/21/19

Studio City reports 4Q18 results

The Macau casino reported a decrease in net revenue for the fourth quarter of 2018.

02/20/19

Macau GGR to grow up to 5 pct in February

According to Bernstein analysts, February gross gaming revenue will be up between 2 to 5% year-on-year in Macau.

02/20/19

Melco reports 5 pct gain in revenues in 4Q18

The casino company said that mass market table games revenue drove the 5% increase.

02/19/19

Nominations open for G2E Asia Awards

Ahead of G2E Asia, the event organisers have opened the nomination period for the 2019 Awards.

02/13/19

SJM seeks gaming concession renovation

The company’s gaming concession in Macau is set to expire next year and is looking forward to receive an extension.

02/12/19

GGR shows modest growth during Chinese New Year

The festivity increased gaming gross revenue by 4% in Macau and recorded US$1 billion.

01/25/19

Melco sold out in Macau for new year

The CEO of the company said that it already sold out for the upcoming lunar year holidays.

01/24/19

Studio City is ready for Phase 2

Melco is ready to start the second phase of its Macau development, which will include non-gaming entertainment.

01/23/19

Bernstein forecasts 8-12% GGR dip in Macau

According to brokerage Sanford C Bernstein, GGR will drop between 8-12% in Macau during January.

01/21/19

Macau operators get rating upgrade

Sanford C Bernstein upgraded both Galaxy Entertainment Group and Sands China’s ratings in a Friday note.

01/17/19

Melco’s Studio City to stop VIP gaming

The company has revealed that VIP gaming will not be offered from January 15, 2020.

01/16/19

G2E Asia gets ready for May

G2E Asia further expands its offerings with Financial Technology Asia in 2019.

01/15/19

Macau casino shares to counter downward trend

As GGR is set to shrink in 2019, JP Morgan expects casino shares not to follow as “all negatives have already priced-in.”

01/08/19

Macau GGR to drop 2 pct, Morgan Stanley says

According to investment bank Morgan Stanley, overall GGR in Macau casinos will decrease by 2% during 2019.

01/03/19

Macau’s gambling revenue rises 14 pct in 2018

The figures from 2018 mark the second consecutive year of gain in the only legal casino hub from China.

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Asia Pacific, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.