Macau’s gross gaming revenue (GGR) is projected to grow by 8% year-on-year in 2025, buoyed by robust travel spending among ...
Macau’s gaming revenue fell 2% in December, missing analysts’ expectations as scrutiny over gambling activities tightened ...
Melco Resorts & Entertainment has also stepped forward with an announcement of a one-month discretionary bonus for its ...
Tuesday’s memo stated: “Fitch expects SJM Holdings to reduce its EBITDA leverage from 6.9 times in 2024, to 3.9 times in 2026 ...
I'm bullish on Las Vegas Sands due to strong performance despite investor distrust in Asian operations. Read an analysis of ...
Xi Jinping urges Macau to diversify its economy beyond gambling, signaling a new phase in the city’s integration with China's ...
Chinese President Xi Jinping said Macau saw "new achievements" in economic diversification and the healthy growth of the casino industry under outgoing leader Ho Iat-seng.
Since Macao opened its casino market following the handover to Beijing, its economy has grown to $46 billion in 2023 from $6.5 billion in 1999, despite economic slumps during the COVID-19 pandemic ...