Macau
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.
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.
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.
Macau government enforces smoking ban on all mass areas
It could affect overall GGR.
Macau website lists names of Chinese who skipped on gambling debts
But website could be breaking the law.
Versace luxury hotel to be unveiled in Macau
Signs deals with Stanley Ho.
Caesars abandons hotel casino project in Macau
Macau refuses to increase number of casino operating licenses.
Asia-Pac casino gaming to become the global market leader by end-2015: Fitch
But outlook for Macau is bleak.
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