Macau Chief Executive Ho Iat Seng says concessionaires likely to avoid mandatory increase in 2024 non-gaming spend

15/11/2023

Macau’s Chief Executive Ho Iat Seng, told media during a question-and-answer session on Tuesday that it is highly unlikely the ...

McFadden cites “mandate for change” in new SJM role

SJM falls to US$53 million loss as peninsula’s Grand Lisboa continues to outshine Cotai IR

by Ben Blaschke

15/11/2023

Macau’s SJM Holdings reported a loss attributable to owners of the parent of HK$410 million (US$52.5 million) for the three ...

Hotel segment helps drive 25% revenue growth in 3Q23 for Manila’s Newport World Resorts.

by Ben Blaschke

14/11/2023

Travellers’ International Hotel Group, the gaming and leisure subsidiary of Philippines conglomerate Alliance Global Group (AGI) and operator of Manila’s ...

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

09/11/2023

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 ...

Melco Resorts close to break-even in 3Q23 as group-wide revenues move above US$1 billion on Macau recovery

by Ben Blaschke

08/11/2023

Melco Resorts & Entertainment Limited reported a net loss of US$16.3 million for the three months to 30 September 2023, ...

Tag: gross gaming revenue