Episode 30 of “On the Run” by Andrew W Scott, the IAG CEO Vlog. Andrew talks about his travels around the Asia Pacific region, and provides some commentary on stories published by IAG in the past week, see the links below:
Macau hotel occupancy climbed to 85% during Golden Week holiday period
Morgan Stanley raises 2023 Macau GGR estimates again
Macau’s May GGR run-rate already 31% higher than April levels: JP Morgan
Hong Kong-Macau ferries services rise to 76 sailings per day
Macau government says 5% tax on junket commissions here to stay
Melco reports narrowed US$81 million loss in 1Q23 as Macau recovery underway
Melco expecting 2,000 fewer full-time employees as it looks to retain 25% of COVID cost savings
Wynn’s Macau resorts profitable again in 1Q23 on US$156 million in EBITDAR
Wynn Palace leading Wynn’s recovery due to player mix, peninsula renovations
Sands China’s hotel capacity restored to 90%
Police say Macau hotel murder victim was a gang member killed over money
Bloomberry revenues, profits smash pre-COVID levels in Q1 as Solaire soars
IAG releases Official Video from first-ever Manila After Dark
Japan, Thailand casino advisors named among speakers at G2E Asia in Singapore
Korea’s Paradise Co returns to profit in Q1
Mass gaming recovery prompts 59% increase in 1Q23 gaming revenue for Korea’s Kangwon Land
LET Group and subsidiary Summit Ascent terminate US$64 million revolving loan agreement
IGT hails strong EBITDA result in Q1 as global gaming, iGaming segments show strong growth
Light & Wonder books double digit revenue growth in 1Q23, confirms intention to seek ASX listing
Everi revenues up 14% in 1Q23 on growth in Games and FinTech segments
