Macau
G2E Asia and Asian IR Expo open today, welcoming industry leaders from around the world
The three-day event showcases cutting-edge gaming, entertainment and integrated resort solutions with tech talks, conferences and renowned speakers.
G2E Asia and Asian IR Expo open today, welcoming industry leaders from around the world
The three-day event showcases cutting-edge gaming, entertainment and integrated resort solutions with tech talks, conferences and renowned speakers.
Hong Kong and Macao discuss cross-market insurance issues
Discussions included topics such as the sale of life insurance products to MCVs.
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%.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption