We have adjusted our cost of equity assumptions for Wynn WYNN, Las Vegas Sands LVS, and MGM MGM due to their exposure to Macao, increasing geopolitical tensions between the US and China, and to ...
Our Morningstar Uncertainty Rating is High for MGM. In 2021, China's zero-tolerance covid-19 policy kept Macao's industry gaming sales at just 30% of 2019's level and in 2022 at only 14%.
Discover how Melco Resorts' asset-light strategy and Macau expansions aim to boost earnings by 2025, despite challenges.
Thailand’s cabinet has advanced the Ministry of Finance’s Entertainment Complex (EC) bill to Parliament, a move that could ...
MGM and Fnetlink began collaborating in 2023 to develop what they call “the world’s first smart, automated card-shredding solution.” The newly announced system will process the cards into high-quality ...
Total gross gaming revenue rose 0.6% in Q1 compared to a year ago. The quarterly GGR mark was down 24.7% from the level seen ...
Macau’s gaming bureau reported March gross revenue from games of fortune in the region was up 0.8% year-over-year to 19.659B patacas. Publicly ...
Macau’s casino gaming revenue showed little year-on-year growth in March, up by just 0.8 per cent for the month.
Macau casino concessionaire MGM China Holdings Ltd says it has signed an agreement with Macau-based company Fnetlink ...
Hotels ranked on industry awards, guest reviews and hotel class ratings Unbiased content created by U.S. News editors Photo ...
Hong Kong and Macau residents can apply for temporary mainland Chinese travel permits using a mobile app from Thursday, one of two new measures announced by the country’s immigration authorities ...
The Macau government has pledged to closely monitor developments surrounding satellite casinos to safeguard employee interests. The authorities made this commitment in a recent response to lawmaker ...