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 ...
Macau’s gaming bureau reported January gross revenue from games of fortune in the region was down 5.6% year-over-year to 18.254B patacas.
A Citigroup snapshot survey of Macau casino table operations done on the third day of Chinese New Year (CNY) observed a ...
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.
Casino gross gaming revenue (GGR) in Macau fell by 5.6 percent year-on-year in January to just above MOP18.25 billion ...
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 ...