Melco Resorts posted weak results in Q4, but the performance improved sequentially. See what makes MLCO stock a suitable ...
Gaming industry analysts expect casino revenue to continue ... which have a presence in Macao and recently signed 10-year licensing extensions that will require them to invest billions of dollars ...
Related Link: Macau Casino Stocks Rally Following License Renewal Set To Begin On Jan. 1, 2023 Kelley said bulls would argue positive earnings revisions, pent-up demand, improved operating ...
Macao, the world’s biggest gambling hub, has eased its requirements for people to wear masks after mandating them for most of the COVID-19 pandemic. Starting Monday, people no longer have to ...
The developments and comments also come as China is increasingly cracking down on Macau and junket operators who bring wealthy gamblers to casinos. The government’s review of gaming licenses and ...
BEIJING, Oct 1 (Bloomberg): Macau’s slowdown extended ... for 40 days or more.Macau’s six casino operators are also facing uncertainty around licensing. Their permits to operate in the only ...
Macao, an hour’s ferry ride from Hong Kong, is the only place in China where gambling is legal. Often called the “Vegas of Asia,” in pre-pandemic times it wasn’t unusual to see a high ...
Macao gambling revenue surged 82.5 per cent year-on-year to 11.6 billion patacas (US$1.4 billion) in January, after it had nearly half a million visitor arrivals over the week-long Chinese New ...
Wells Fargo on Thursday raised its earnings estimates for Club holding Wynn Resorts ' (WYNN) operations in Macao, China, while increasing its price target on the casino operator. The move ...
Macau casinos’ gaming revenue climbed 33% in February, slightly beating estimates in a sign that the sector’s recovery is lingering beyond the initial boost from China’s rapid reopening.
Noemi Cassanelli/CNN Noemi Cassanelli/CNN The Lisboa is one of Macao's most recognizable casinos. Story by Lilit Marcus, photos by Noemi Cassanelli, CNN Like many of his peers, Dan McAulay was ...
