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SCHYY News and Press, Sands China Ltd. ADR From 08/02/21

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Company Name: Sands China Ltd. ADR
Stock Symbol: SCHYY
Market: OTC

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SCHYY - Visitors Flock to Popular 2021 Sands Shopping Carnival

Visitors Flock to Popular 2021 Sands Shopping Carnival Fun-filled three-day event wraps ups after attracting upwards of 110,000 visits PR Newswire MACAU , Aug. 2, 2021 /PRNewswire/ -- The 2021 Sands Shopping Carnival successfully concluded July 25 ...

SCHYY - 3-Day Sands Shopping Carnival Now Open at Cotai Expo - Free Admission

3-Day Sands Shopping Carnival Now Open at Cotai Expo - Free Admission Family-friendly event July 23-25 supports Consume for the Economy initiative and consumption e-voucher scheme Provides a free business platform for local SMEs and Sands retailers PR Newswire ...

SCHYY - Sands China: The Path To Recovery Is Still Challenging

Sands China's 2Q 2021 EBITDA was significantly below pre-COVID levels in 2Q 2019, and this implies that the Macau gaming industry still has a long road to recovery. It is uncertain when a full travel bubble between Macau and other parts of China will be realized; while China's vaccina...

SCHYY - Macau recovery expected to take hold over next few months

Thomas Yeoh/iStock via Getty Images Channel checks by JPMorgan indicate a pick-up in demand in Macau is starting. "Our checks suggest upbeat summer holidays, with encouraging feedback on the level of player inquiry and booking," updates the firm. The firm forecasts gross gaming revenue to res...

SCHYY - Macau revenue forecast to rebound in July as travel restrictions ease

SeanPavonePhoto/iStock via Getty Images Jefferies is incrementally bullish on Macau with some signs of travel restrictions easing. Analyst David Katz says the Macau June gross gaming revenue disappointment is a temporary setback. He notes that there are no local infections in Guangdong since ...

SCHYY - Macau gaming revenue falls in June with restrictions increased

Sean Pavone/iStock via Getty Images Macau gross gaming revenue fell 37.4% month-over-month in June to $6.54B patacas ($817M). The GRR tally was up 812.5% from the same month a year ago when the casinos were effectively closed due to COVID-19 restrictions. The soft month was largely anticipate...

SCHYY - Macau supervision to increase even as traffic remains subdued

Sean Pavone/iStock via Getty Images Macau authorities continue to tighten rules and supervision around the casinos in the area with the number of inspectors more than doubling to 459. The increase in supervision arrives with traffic trends still sluggish amid pandemic concerns. Jefferies says...

SCHYY - Macau casino recovery hits another speed bump

Photo by Sean Pavone/iStock via Getty Images The Macau sector continues to be bogged down by restrictions in place due to the pandemic. Jefferies warns that COVID-19 infections in Guangdong are a negative and continue to hamper the recovery for the Macau casino sector. Analyst David Katz thin...

SCHYY - Macau gaming revenue tops expectations on sequential improvement

Macau gross gaming revenue rose 492% in May to $10.4 patacas ($1.3B), according to data from the Gaming Inspection and Coordination Bureau. That mark topped the consensus expectation for a gain of 467% during the month against the soft pandemic comparable. Macau GGR in May was up 24% from the...

SCHYY - Macau gaming revenue bounces during Labor Week, but analysts wary

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 ...

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