Leisure & Entertainment
Mercedes-Benz hits historic sales record worldwide, Hong Kong, Macau markets
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.
Wynn Macau's 3Q14 EBITDA beats expecations slightly with US$326mn
Management also admitted that October was tough.
Why Macau gaming could suffer a 21-22% y/y decrease in October GGR
October has shown daily revenue stabilization, though.
Divergence in casino growth in the horizon for Macau gaming in 2015
It involves casinos with new openings.
September GGR in Macau declines 11.7% y/y
It's better than previously implied outcome, though.
Asia Contemporary Art Show brought a "world of art" to Hong Kong
2,500 works from 18 countries were presented.
Average table win in Macau gaming perks up to HKD930mn
Very good news for the market.
Flattish growth possibly up ahead for Macau gaming July GGR
Amid improvement in average daily table revenue.
Barclays lowers 2014 VIP forecasts to 0.5% in Macau gaming
Due to underwhelming trends.
Macau's gross gaming revenues down 3.7% in June
However, it's better than what was expected.
Slowing VIP GGR currently the biggest risk in Macau gaming
Still, a bullish view on Macau holds.
Gaming revenues hit HK$1 billion per day
It’s higher than in April.
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