Morgan Stanley raises 2023 Macau GGR estimates again

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

Investment bank Morgan Stanley has again raised its Macau-wide GGR estimates for 2023, with gaming revenues now tipped to reach ...

Macau’s mass GGR reached 70% of pre-COVID levels in March, aided by further China reopening: analysts

Macau GGR rises again to MOP$14.72 billion in April

by Ben Blaschke

01/05/2023

Macau’s gaming industry continued its strong recovery following the easing of COVID-19 border restrictions, with gross gaming revenue reaching MOP$14.72 ...

Nomura: Marina Bay Sands 1Q23 results suggest good news ahead for local rival Resorts World Sentosa

by Ben Blaschke

20/04/2023

Financial services group Nomura has maintained its “Buy” rating on Genting Singapore stock, citing Thursday’s strong earnings announcement from the ...

Resorts World Manila changes name to Newport World Resorts

Manila’s Newport World Resorts books 90% year-on-year GGR increase in 2022

by Ben Blaschke

19/04/2023

Manila’s Newport World Resorts (NWR), formerly known as Resorts World Manila, reported gross gaming revenues of Php31.8 billion (US$566 million) ...

Chief Executive confirms 12 foreigner-only gaming zones now open in Macau’s casinos

by Pierce Chan

19/04/2023

Macau’s integrated resorts now boast a combined 12 foreigner-only gaming areas, Chief Executive Ho Iat Seng said Tuesday. Speaking at ...

Tag: gross gaming revenue