Melco edges closer to profit in 2Q23 as mass tables lead Macau recovery

Melco Resorts subsidiary increases notes offering to US$850 million

Melco Resorts & Entertainment has yet to return to profit since the easing of Macau border restrictions on 8 January, ...

Morgan Stanley raises Macau 2023 EBITDA estimates by 70% on better gaming mix

Macau industry EBITDA to reach US$1.6 billion in 2Q23: Morgan Stanley

by Ben Blaschke

27/06/2023

Investment bank Morgan Stanley said in a new research note that it expects Macau industry-wide EBITDA to reach US$1.6 billion ...

Genting in Macau … Why? How? (Part 2 of 2)

Genting Malaysia recovery slows in 1Q23 on Malaysian weather events, lack of international players

by Ben Blaschke

26/05/2023

Genting Malaysia reported a 33% year-on-year increase in group-wide revenues and 43% increase in Adjusted EBITDA in the three months ...

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

Galaxy Entertainment Group profitable again as 1Q23 EBITDA hits US$244 million

by Ben Blaschke

22/05/2023

Macau concessionaire Galaxy Entertainment Group returned to profit in 1Q23, with Adjusted EBITDA of HK$1.91 billion (US$244 million) climbing from ...

Slow going for Grand Lisboa Palace as SJM slips back to EBITDA profit in 1Q23

by Ben Blaschke

15/05/2023

Macau concessionaire SJM Holdings reported Adjusted EBITDA of HK$31 million (US$4.0 million) in the three months to 31 March 2023, ...

Tag: adjusted ebitda