JP Morgan: Better mix, lower OPEX to see Macau operators exceed pre-COVID profit levels by 2025

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

Macau’s casino industry is poised to equal pre-COVID EBITDA numbers by 2024, and exceed them in 2025, thanks to better ...

SJM confirms casino table, machine limits for Grand Lisboa Palace opening day

SJM Holdings reports US$994 million loss in FY22

by Ben Blaschke

08/03/2023

Macau gaming concessionaire SJM Holdings has confirmed a loss attributable to owners of the company of HK$7.80 billion (US$994 million) ...

GGR of Philippines licensed casinos up 14% sequentially to US$934 million in 4Q22: PAGCOR

by Ben Blaschke

06/03/2023

Licensed casinos in the Philippines generated gross gaming revenues of Php51.2 billion (US$934 million) in the three months to 31 ...

City of Dreams Manila recovery drives Belle Corp to 130% profit growth in 2022

by Newsdesk

01/03/2023

Philippines real estate firm Belle Corporation reported a 58% year-on-year increase in revenue to Php5.42 billion (US$98.5 million) in 2022, ...

Macau government said to have reached consensus with bidders for combined US$12.5 billion investment during new 10-year concession period

Macau GGR climbs 33% year-on-year to MOP$10.3 billion in February

by Ben Blaschke

01/03/2023

Macau’s casinos recorded gross gaming revenue of MOP$10.32 billion (US$1.28 billion) in February, maintaining positive momentum following the removal of ...

Tag: gross gaming revenue