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Macau’s CNY revenues poised to disappoint
Local gaming revenues during the Chinese New Year period have actually declined when compared to January, analysts from brokerage Sanford C. Bernstein indicated in a note.
CNY visitor numbers fall short of expectations
The number of visitors to Macau during the first five days of Chinese New Year was down 70 percent compared to 2020 to 63,000, far below MGTO expectations of 100,000 visitors. The majority of visitors came from Mainland China entering through land borders.
Visitor numbers up 26.7 pct in first five days of CNY
Visitors to Macau reached a total of 842,574 during the first five days of the Golden Week holidays, representing a 26.7 percent increase from...
Melco properties sold out over CNY, GGR growth expected
Macau casino operator, Melco Resorts says it is expecting business to be booming during the lunar new year holiday next month and has downplayed...
Melco announces CNY bonus for employees
Melco Resorts & Entertainment on Friday announced a one-month discretionary bonus to be paid to all eligible non-management employees ahead of Chinese New Year.
Lawrence...
Visitors to Macau over CNY up 6.5 pct: MGTO
Macau recorded an increase in visitors over the Chinese New Year holiday, rising 6.5 percent year-on-year, according to preliminary statistics from the Macau Government...
CNY hotel room bookings robust: Analysts
The coming Chinese New Year period may see more hotel rooms booked compared to the previous year, say analysts.
Last year, 930,000 Chinese visitors entered...
February GGR growth expected to reach 16-19 percent: Bernstein
January GGR growth in Macau expected to reach 16 to 19 percent year-on-year, however, the pre-CNY slowdown may affect estimates, said Bernstein in a...
Increase in visitors expected for 2018 Lunar New Year
Macau is expected to see a slight increase in visitors during the Lunar New Year period, said MGTO head Maria Helena de Senna Fernandes...
Feb 1-5 GGR exceeds expectation
Macau recorded a strong start to February, raking in MOP 6.3 billion in the first week of the month (Feb 1-5), anoted Bernstein on...