Macau’s mass gaming revenues now estimated at 94% of pre-COVID levels but September slow down on the cards

Macau’s May GGR run-rate already 31% higher than April levels: JP Morgan

Macau’s mass gaming revenues now estimated at 94% of pre-COVID levels but September slow down on the cards

04/09/2023

Macau’s mass gaming revenues have now reached “93% to 94% of pre-COVID levels according to investment bank JP Morgan, led ...

Morgan Stanley raises Macau 2023 EBITDA estimates by 70% on better gaming mix

Macau GGR climbs 3.3% month-on-month to new post-COVID high of MOP$17.2 billion in August

by Ben Blaschke

01/09/2023

The Macau gaming industry continued its impressive resurgence in August, with gross gaming revenues climbing to MOP$17.21 billion (US$2.12 billion). ...

Macau’s mass GGR reached 70% of pre-COVID levels in March, aided by further China reopening: analysts

“Irregular large cash withdrawals” the number one source of Macau’s Suspicious Transaction Reports in 2022

by Ben Blaschke

31/08/2023

“Irregular large cash withdrawals”, including the frequent use of ATMs and CDMs, formed the most prolific type of Suspicious Transaction ...

Success Universe profit soars 230% in 1H19 on higher Ponte 16 share

Macau resort Ponte 16 drives Success Universe back to profit in 1H23

by Ben Blaschke

31/08/2023

Hong Kong-listed Success Universe Group Ltd returned to profit in the six months to 30 June 2023, aided by the ...

Former Galaxy exec Jit Ng joins Hoiana as Chief Marketing Officer

Vietnam resort Hoiana prints first positive EBITDA since opening, pushing LET Group into 1H23 profit

by Ben Blaschke

30/08/2023

Hong Kong-listed LET Group, formerly known as Suncity Group, has reported a profit attributable to equity holders of HK$584.7 million ...

Tag: Gaming