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Sands hosts largest shopping carnival despite virus fears
Despite the potential for another wave of pandemic, Macau casino operator Sands China kicked off a three-day Sands Shopping Carnival from Friday to Sunday,...
Nerves of steel and a long-term view needed for stock investors
Asia’s gaming stocks have been pummelled by the outbreak of the coronavirus, but with signs China may be bringing the disease under control, is it nearing the time to re-enter the market?
Macau April GGR drops 8.3 percent, in line with forecasts
Gross gambling revenue in Macau dropped 8.3 percent in April as China’s slowing economy continued to weigh on the VIP segment, though the result was in line with analysts’ forecasts.
Macau Nov. GGR gains 8.5 percent, topping expectations
Gross gambling revenue for November rose 8.5 percent, beating analysts’ expectations with signs of a rebound in the VIP sector.
Macau gaming stocks to rebound, Golden Week strong: MS
The recent fall in Macau gaming stocks could swing back to a 50 percent rebound if it is anything like the slowdown of 2011/12,...
Macau 2017 GGR jumps 19.1 percent
Macau’s gross gambling revenue jumped 19.1 percent in 2017, coming back after three years of declines, though the pace of growth moderated in December.
According...
Macau benefiting from China VIP recovery
China’s economy is seeing renewed strength in premium activity, driving demand for luxury cars and VIP gaming in Macau, though longer term the outlook...
VIP business not expected to rebound next year says Sands
Sands China’s management believes the VIP business is structurally challenging and does not expect a strong rebound next year, Citi Research said following an...