Macau
Hong Kong and Macao discuss cross-market insurance issues
Discussions included topics such as the sale of life insurance products to MCVs.
3 days ago
Hong Kong and Macao discuss cross-market insurance issues
Discussions included topics such as the sale of life insurance products to MCVs.
3 days ago
MGM bags three awards at HKB Technology Excellence Awards for SuperApp, patch management initiative
The company was recognised with awards in the categories of Automation - Hospitality & Leisure, Mobile - Hospitality & Leisure, and Smart Technology - Hospitality & Leisure.
Revitalized Macau tourism rests on government and casino operators
Improved infrastructure greatly needed too.
Wynn Resorts reports expected 1Q16 net revenue of Macau operations up to $613 million
Compared to $705.4 million in 1Q15.
Macau mass GGR in October down 21% y/y
It's showing signs of stabilization.
Macau average daily table revenues jump 21% to HK$540 mn in mid-October
The premium mass segment was a factor.
Early September average daily table revenues solid at HK$605m
Monthly GGR could decline 30% y/y, however.
Galaxy Entertainment 1H net profit plunges 66% to HK$2b
Outlook remains positive for the company, however.
Gross gaming revenue feared to plummet by 36%
And a 1% m/m decline.
Macau's gross gaming revenues plummeted 34.5% to $18.1b
But it's up 7% m/m.
Macau's June GGR declines 36.2% y/y
But it's marginally better than May.
Weak VIP volumes offset good weekend cash volumes in Macau mid-June
Average daily table revenues softened again.
Average daily table revenues rebound to HK$556 mn
But June GGR could see decline.
Macau daily table revenue improves at HK$575m late May
Thanks mainly to VIP/premium mass segment.
Macau gaming overall GGR sinks 38.8% in April to HK$18.6b
There's not much improvement from March decline.
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.
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