SCHYF News and Press, Sands China Ltd. From 09/01/23

2023-09-01 08:53:43 ET More on Macau stocks Melco Resorts & Entertainment: Highly Levered With Weak Coverage Macau's gaming recovery gains momentum in August Macau casino revenue soars in July to highest level since pandemic Galaxy Entertainment and Melco...

2023-08-14 15:20:49 ET The very latest channel check from Jefferies on Macau traffic was modestly positive again as Macau gaming revenue improved in the past week, with month-to-date traffic at its highest level this year. Macau daily revenue for the week ending on August 13 improved 7% fro...

2023-08-01 06:53:52 ET The Macau Gaming Inspection and Coordination Bureau reported gross gaming revenue in the gambling region rose 4,086% year-over-year in July to $16.6B patacas ($2.07B) against a soft comparable to last year when travel restrictions were in place for several weeks. The ...

2023-06-01 08:20:15 ET Macau casinos generated gross gaming revenue of 15.57B patacas ($1.93B) to mark growth of 366% year-over-year from a year ago and set a new post-pandemic high. The May GGR tally was up about 5.7% from the April total. For the first five months of 2023 combined, Ma...

2023-05-01 06:30:06 ET Gross gaming revenue in Macau soared 450% year-over-year in April to 14.72B patacas ($1.82B) to smash the consensus estimate of analysts. The GGR tally was up 15.6% from the level seen in March and was the highest since before the pandemic first starting having an eff...

2023-04-24 11:21:32 ET Macau casino trends continue to improve as the industry's recovery takes another step forward. Jefferies estimated Macau daily revenue for the week ending April 23 sequentially improved to 464M patacas per day from 417M patacas day the prior week. Analyst David Katz p...

2023-04-19 16:19:04 ET Las Vegas Sands ( NYSE: LVS ) shares were lifted higher by a comfortable top and bottom line beat for the first quarter on Wednesday. For the first quarter , the China-focused casino operator posted $0.28 in adjusted earnings per share on $2.12...

2023-04-03 07:08:20 ET Gross gaming revenue in Macau surged 246.9% year-over-year in March to 12.7B patacas ($1.58B) to top the consensus expectation for a rise of 205%. The gaming revenue tally was the highest for the Macau region since January of 2020, just before pandemic lockdowns began...

Gross gaming revenue in Macau increased 33% year-over-year in February to 10.3B patacas ($1.3B) to edge past the consensus estimate of analysts. The GGR tally was down 10.8% from the level seen in January, with the timing of the Chinese New Year holiday period a factor in the comparison between t...

Summary Macau's gaming industry has fallen on hard times due to covid and other reasons. Signs point towards relaxation of zero-covid policies in China. Macau casino stocks have most to gain from a reopening. At the same time, gambling licenses for all Macau casino operators a...