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SJM Holdings Reports Strong Q3 Earnings, Reverses Previous Losses

November 12, 2024

Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

SJM Holdings Ltd has showcased a significant turnaround, reporting a profit of HKD101 million (US$13.0 million) for the third quarter ended September 30, contrasting sharply with a loss of HKD410 million during...

Galaxy Entertainment Reports Revenue Boost in Q3 Despite Challenges

Vanja Mitic

November 7, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

Galaxy Entertainment Group Ltd., a major player in Macau’s casino industry, recently unveiled its financial results for the third quarter of 2024, showing a robust increase in net revenues despite some operatio...

Macau’s Casino Sector Hits New Heights with Stellar October Performance

Vanja Mitic

November 1, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

In October 2024, Macau's casino industry showcased remarkable resilience and growth, reaching a gross gaming revenue (GGR) of approximately MOP20.7 billion ($2.6 billion). This figure represents a significant 6...

Macau GGR Falls Sharply After Golden Week, Analysts Remain Cautiously Optimistic

Vanja Mitic

October 21, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

After the exuberance of the National Day Golden Week, Macau's casinos witnessed a substantial decrease in daily gross gaming revenues (GGR). During the third week of October, the daily GGR plummeted to approxim...

Macau’s Golden Week Revenues Surge Past MOP$1 Billion Daily

Vanja Mitic

October 8, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

Macau's casinos experienced a significant rebound during the National Day Golden Week, recording daily gross gaming revenues (GGR) surpassing MOP$1 billion. This performance was close to the figures of 2019 and...

Macau Experiences Record Betting Volumes During October Golden Week

Vanja Mitic

October 7, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

As Macau's prestigious October Golden Week festivities unfold, Citigroup analysts have reported unprecedented activity in the premium mass betting sector. This period, spanning from October 1 to October 7, has ...

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Vanja Mitic

October 1, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

In September 2024, Macau's casino landscape presented a complex picture, marked by a significant monthly decrease and an annual increase in gross gaming revenue (GGR). The figures, sourced from the local Gaming...

Sands China Opens Newly Revamped Londoner Grand Casino at The Londoner Macao

Vanja Mitic

September 27, 2024

Casino News, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Casino openings, Casino expansion projects, Asian Casino News, Macau

Sands China Ltd. proudly announced the opening of the newly remodeled Londoner Grand Casino within The Londoner Macao resort. The casino, formerly the Pacifica, commenced operations at noon on September 26. Thi...

Macau’s Casino Revenue Surges in August, Edging Closer to Pre-Pandemic Figures

Vanja Mitic

September 2, 2024

Latest Casino and Gambling News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

In a significant rebound for the gaming industry, Macau's casinos have reported an impressive increase in gross gaming revenues (GGR) for August. The Gaming Inspection and Coordination Bureau (DICJ) provided fi...

Sands China Leads in Macau’s Gaming Market for Q2

Vanja Mitic

August 28, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

Sands China Ltd emerged as a leader in Macau’s casino industry for the second quarter, leading in mass-market and VIP gross gaming revenue (GGR) as well as hold-adjusted earnings before interest, taxation, depr...

Galaxy Entertainment Reports Record Post-COVID Growth in Q2 2024

Vanja Mitic

August 15, 2024

Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

Galaxy Entertainment Group (GEG) has announced a substantial increase in gross gaming revenues, achieving HK$10.3 billion (US$1.32 billion) for the second quarter of 2024. This marks a significant 35.0% rise fr...

CLSA Updates Macau GGR Forecast: 34% Rise in 2024, EBITDA Cut by 1.2%

Vanja Mitic

July 17, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

CLSA has revised its financial projections for Macau's gaming sector for 2024 and 2025. This adjustment reflects ongoing changes in the global and regional economic landscape, competitive pressures among Macau'...

CLSA Revises Forecast for Macau 2024 GGR; Projects MOP$239.9 Billion

Vanja Mitic

June 12, 2024

Latest Casino and Gambling News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

CLSA, a leading brokerage firm, has updated its forecasts for Macau's gross gaming revenue (GGR) for 2024, now projecting a 1.6 percent increase. The revised estimate suggests that GGR will reach MOP$239.9 bill...

“Small 6/Big 6” Baccarat Side Bet Debuts in MGM and Wynn Macau Casinos

Johnny K.

May 24, 2024

Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, The Players Lounge, Macau, Asian Casino News

A novel side bet for baccarat, known as "Small 6/Big 6", has been introduced in Macau’s casino market. Currently, this new betting option is available in both the mass and high-limit areas of MGM China Holdings...

New Baccarat Side Bet Launched in Macau Casinos on 29 April 2024

Radosav Milutinovic

April 30, 2024

Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Gaming Industry News, The Players Lounge, Macau, Asian Casino News

Macau's Gaming Inspection and Coordination Bureau (DICJ) has approved a new baccarat side bet offering odds as high as 50 times the stake. Regulator's approval of the side bet will reportedly be welcomed by Mac...

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SJM Holdings Reports Strong Q3 Earnings, Reverses Previous Losses

Galaxy Entertainment Reports Revenue Boost in Q3 Despite Challenges

Macau’s Casino Sector Hits New Heights with Stellar October Performance

Macau GGR Falls Sharply After Golden Week, Analysts Remain Cautiously Optimistic

Macau’s Golden Week Revenues Surge Past MOP$1 Billion Daily

Macau Experiences Record Betting Volumes During October Golden Week

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Sands China Opens Newly Revamped Londoner Grand Casino at The Londoner Macao

Macau’s Casino Revenue Surges in August, Edging Closer to Pre-Pandemic Figures

Sands China Leads in Macau’s Gaming Market for Q2

Galaxy Entertainment Reports Record Post-COVID Growth in Q2 2024

CLSA Updates Macau GGR Forecast: 34% Rise in 2024, EBITDA Cut by 1.2%

CLSA Revises Forecast for Macau 2024 GGR; Projects MOP$239.9 Billion

“Small 6/Big 6” Baccarat Side Bet Debuts in MGM and Wynn Macau Casinos

New Baccarat Side Bet Launched in Macau Casinos on 29 April 2024

Macau Projects MOP240B Casino Revenue for 2025 as Xi Jinping Calls for Diversification

Nevada Revokes Gaming License of Ex-MGM Executive Scott Sibella

Connecticut Sets New Record With $30.3M in Sports Betting Revenue for November

Italy Launches Nine-Year Online Gambling Licenses With €7M Fee and Comprehensive Reforms

Virgin Las Vegas Gains New Casino Operator Amid Challenges