We expect Las Vegas Sands' Macao resorts (53% of 2024 EBITDA) will continue to see a sales recovery in 2025 after China's removal of covid-19 restrictions in January 2023. We also think Las Vegas ...
We believe Sands China warrants a narrow moat rating because of its casino license in Macao, a valuable intangible asset that creates a high regulatory barrier to entry. Sands China is one of only six ...
Shares of gaming stocks in Hong Kong fell after Macau reported that gaming revenue fell for the second-straight month and continued to hover below pre-pandemic levels.
The Macau casino sector started off the new year, with a disappointing first month. Gross gaming revenue fell by 5.6% year-over-year to 18.25 billion patacas ($2.3 billion) in January, according to ...
Gaming revenue in Macau fell 5.6% in January, missing expectations and adding to signs that China’s weak consumer sentiment ...
Macau’s gaming sector could outperform market expectations in 2025, bolstered by continued policy support from Beijing and a ...
In a report released today, Pravin Gondhale from Barclays maintained a Buy rating on MGM Resorts (MGM – Research Report), with a price target ...
In a report released today, Daniel Politzer from Wells Fargo maintained a Buy rating on MGM Resorts (MGM – Research Report), with a price ...
Chinese New Year 2025 falls on January 29 to mark the beginning of the Year of the Snake according to the Chinese zodiac. China's grandest and longest public holiday will last 8 days until February 4.
The research covered 32 luxury hotel brands that are represented within properties promoted by the six Macau gaming operators ...
Macau casino firm MGM China Holdings Ltd on Tuesday announced a salary increase for all eligible workers with effect from ...
A trip to Vegas will instantly make you wonder why so many gamblers love Macao and vice versa ... One of the first innovations coming from Vegas was launched by MGM. The fact that MGM pioneered yet ...