Genting Singapore significantly increases investment in Resorts World Sentosa expansion to US$5 billion

by Ben Blaschke

Sat 11 Nov 2023 at 09:43

Genting Singapore has announced that it will invest a total of SG$6.8 billion (US$5 billion) in the expansion of its...

Fitch assigns first time BB(EXP) rating to Light & Wonder, says outlook stable

Light & Wonder inching closer to EBITDA target as adjusted earnings reach US$286 million in 3Q23

by Ben Blaschke

Fri 10 Nov 2023 at 06:25

Global gaming supplier Light & Wonder reported Consolidated Adjusted EBITDA of US$286 million for the three months to 30 September...

Wynn Macau looking to raise US$993 million through senior notes offering

Cotai shows ongoing growth for Wynn Macau Ltd in Q3 but peninsula revenues subdued

by Ben Blaschke

Fri 10 Nov 2023 at 05:57

The Macau operations of US-based casino giant Wynn Resorts saw operating income reach US$127.1 million in the three months to...

Galaxy’s Banyan Tree Macau appoints first Macau native to helm Forbes five-star hotel

Mass gaming at Cotai’s Galaxy Macau drives Galaxy Entertainment Group to US$1.12 billion in Q3 gaming revenues

by Ben Blaschke

Thu 9 Nov 2023 at 09:53

Macau’s Galaxy Entertainment Group saw its gross gaming revenues grow by 853% year-on-year and 14.2% quarter-on-quarter to HK$8.75 billion (US$1.12...

MGM China to upgrade premium offerings at Macau resorts on growing confidence in China consumer patterns

by Ben Blaschke

Thu 9 Nov 2023 at 07:39

MGM China revealed Thursday that it is preparing to launch major upgrade works to the premium gaming and accommodation spaces...

Ben Blaschke