MCHVF News and Press, Mgm China Holdings Ord From 05/10/21

Macau gross gaming revenue rebounded to its highest post-COVID level during the region's Labor Week. JPMorgan says the revenue tally reflects a strong rebound in the premium-mass segment and extended length-of-stay, while Bernstein analysts say they expected a more robust GGR uplift to begin ...

Gross gaming revenue in Macau was up 1,014% Y/Y to $1.1B in April to fall short of the consensus estimate for a gain of 1,054% against the soft pandemic period comparable. Macau GGR was ahead of the $1.04B recorded in March, but down about 64% from the GGR generated in April of 2019. Visitor ...

Macau Chief Executive Ho Iat Seng says the local government is discussing with Beijing a potential trial plan for a mutual system of vaccination recognition.His comments came earlier today during a question-and-answer session at the Macau Legislative Assembly.The arrangement could help reduce...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Apri...

Gross gaming revenue in Macau was up 58% Y/Y to $1.04B in March to fall short of the consensus estimate for a gain of 71% against the soft pandemic period comparable.The region saw increased visitation from Mainland China as some travel restrictions were relaxed.Macau GGR is down 22.5% Y...

UBS doesn't think the same government calls will be made for people not to travel to Macau for the May Day Golden Week period as were made in February for the Chinese New Year holiday. The firm bases its conviction off a conversation with a local official."We are now at a similar timeframe be...

Wynn Resorts (WYNN), MGM Resorts (MGM), Las Vegas Sands (LVS) and Melco Resorts (MLCO) are on watch after Hong Kong suspends use of Pfizer and BioNTech's COVID-19 vaccine after the local government determined that a batch had defective bottle lids. The vaccine suspension is immediate whi...

Bank of America says Guangzhou traffic levels were down -12% Y/Y from normal for the week ending March 13 to mark the best week this year and indicate a sharp recovery from the 2021 average traffic drop of -26%. "China RevPAR was -30% vs. 2019, above the four-week rolling average of -40%. In ...

Gross gaming revenue in Macau was up 135.6% in February to $915M compared to a year ago when the global pandemic impacted travel.Due to the fewer amount of days in February, GGR was higher during the month than January GGR on a daily basis. The two-year comparison didn't look as sharp as Febr...

Gross gaming revenue in Macau fell 63.7% Y/Y in January to 8.02B patacas ($1.0B), but showed sequential improvement from the mark in December and topped the consensus expectation from analysts for a drop of 67%. Visitation bottlenecks due to visa processing and COVID-test requirement slowed d...