Morgan Stanley downgrades Galaxy on surprise loss of Macau mass market share

Galaxy Entertainment Group holds Grand Opening for Galaxy Macau Phase 3

Investment bank Morgan Stanley has downgraded Macau’s Galaxy Entertainment Group (GEG) from Overweight to Even-weight, citing the absence of mass...

DICJ data shows VIP gaming revenues claiming back some market share in 1Q24

by Ben Blaschke

Wed 17 Apr 2024 at 05:15

Macau’s VIP gaming sector clawed back some market share in the three months to 31 March 2024, with revenues rising...

GGR at Manila’s Newport World Resorts down slightly to US$153 million in 2Q23

Gaming revenues at Manila’s Newport World Resorts reach US$600 million in 2023

by Ben Blaschke

Wed 17 Apr 2024 at 04:40

Travellers International Hotel Group Inc, the operating entity of Manila’s Newport World Resorts, reported gross gaming revenues of Php34.2 billion...

Hong Kong court orders Imperial Pacific International to be wound up, appoints receiver

by Ben Blaschke

Tue 16 Apr 2024 at 05:22

A Hong Kong court has ordered listed company Imperial Pacific International (IPI) – the parent company of Saipan casino operator...

Decline in VIP sees Okada Manila GGR fall 24% to US$154 million in 1Q24

by Ben Blaschke

Tue 16 Apr 2024 at 04:52

Tiger Resort Leisure and Entertainment Inc (TRLEI), the operating entity of Philippines integrated resort Okada Manila, has reported gross gaming...

Ben Blaschke