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The death this week of Stanley Ho, the towering figure of the gambling industry in Macau, produced global headlines, and for good reason: He had helped shape history, both in southern China and in much of East Asia.
SJM Holdings posted a 12.5 percent gain for 2019 and said it was in a solid position to weather the challenges posed by the Covid-19 outbreak.
MGM China Holdings Limited on Wednesday announced its 2019 financial results, with revenue up 19 percent year-on-year, driven by non-VIP gaming. Said revenue reached HK$22.8...
Melco Resorts & Entertainment and MGM China outperformed their peers in the latest reporting season, as the ramp up of new product offerings drove growth.
Las Vegas Sands and its Sands China unit are likely to dominate the market in Singapore and Macau for the next five years, according to a report from Bernstein.
SJM Holdings reported lower-than-expected Q3 EBITDA as VIP gross gambling revenue tumbled 43 percent in the quarter.
Okada Manila’s EBITDA margin appears to be improving on operational changes, table pricing and an improvement in non-gaming amenities.
Melco Resorts & Entertainment and MGM Resorts are likely to have gained market share in Q3 as new properties ramp up, while Wynn Resorts and Galaxy Entertainment may have slipped due to their greater reliance on VIP, Bernstein analysts say.
Sands China and Galaxy Entertainment Group retained their top position in Macau gaming market share in 19H1, according to analysts at Deutsche Bank. The note...
SJM Holdings has pushed back the completion date of its Lisboa Palace resort on Cotai again, this time until about March next year, according to media reports.