Leisure & Entertainment
Macau gaming overall GGR sinks 38.8% in April to HK$18.6b
Macau gaming overall GGR sinks 38.8% in April to HK$18.6b
There's not much improvement from March decline.
Galaxy's 1Q15 profit drops 40% YoY to HK$2.30b
Phase 2 opening is on time, meanwhile.
Sands China 1Q15 earnings dropped a massive 44% to US$528 mn
VIP volumes crashed by 54%.
April GGR in Macau could sink 37% y/y
Early April daily table revenues were soft.
Overall GGR in Macau gaming sinks 39.4% in March
1Q15 GGR plummets 36.6% y/y.
March gross gaming revenue could plummet 41% y/y
Amid weakening of average daily table revenue.
Wynn Macau's property EBITDA plunged 35.5% in 4Q14
The Cotai project has also been delayed.
Macau's mid-January average daily table revenue jumps to HK$731mn
It's much better than previous reporting periods.
Mercedes-Benz stands out as the epitome of luxury automobile
Like the fact that over 1.56M customers took delivery of a Mercedes-Benz car around the globe in 2013, many car hunters in Hong Kong seem to find the...
Mercedes-Benz hits historic sales record worldwide, Hong Kong, Macau markets
According to a release, Mercedes-Benz has made 2014 the fourth consecutive record year in sales worldwide, by selling 1,650,010 vehicles (+12.9%). In...
Sluggish gaming revenues in Macau credit negative for rated companies: Moody's
Declining revenue will affect companies' income.
Gross gaming revenue in Macau drops 30% in December
YoY declines are also expected to persist.
Gross gaming revenue to nosedive by 26% to $24b
Table revenue per day is just $738m.
Galaxy targets site investigation for Phase 3 & 4 by end-2014
And it's about to shell out a whopping HK$50-60m.
Galaxy Entertainment's earnings slipped 5% to HK$3.3b
Blame it on lower group VIP GGR.
Why Macau gaming could suffer a 21-22% y/y decrease in October GGR
October has shown daily revenue stabilization, though.
Wynn Macau's 3Q14 EBITDA beats expecations slightly with US$326mn
Management also admitted that October was tough.
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