SJMHF News and Press, SJM Holdings Ltd From 11/04/20

The Macau sector is slightly higher as the results from the U.S. elections are digested by investors. The final results of the election could impact Macau in how U.S.-China relations improve or worsen, the timetable for tourism to return to Hong Kong/Macau and the gaming concession renewal pr...

Gross gaming revenue in Macau fell 72.8% in October to $7.27B patacas, according to the Macau Gaming Inspection and Coordination Bureau. The mark was better than the -74% decline anticipated by analysts.Gamblers are reported to have started returning to Macau casinos at a higher rate during t...

Union Gaming turns cautious on the Macau sector after failing to see any signs of a recovery. "Currently, there's too much friction for a large scale recovery in visitation. Although visas are available, the online/automated process is not. Travelers need to apply in person and processing tim...

Traffic in Macau fell 85.7% during Golden Week to fall well short of most expectations within the industry. Of the 139,280 visitors to enter during the holiday week, 97,126 came via the Gongbei Border Gate, 4,190 by ferry and 7,149 by plane.JPMorgan reset expectations on a Macau recovery afte...

Roth Capital Markets warns on the Macau sector after the Macau Government Tourism Office reported visitations were down 86.2% for the first four days of the Golden Week period (October 1-4).Golden Week is being closely watched for some signs of improvement after seven months of dismal gross g...

Mark down six straight months of abysmal growth in the Macau sector due to the pandemic. Gaming revenue in Macau fell 90.0% in September to 2.21B patacas ($280M) as the pace of recovery was slower than anticipated. Analysts expected gross gaming revenue to fall about 86% during the month. Loo...

SJM Holdings (SJMHF) CEO Ambrose So Shu Fai expects gross gaming revenue for Golden Week in Macau to come in about 30% to 35% of last year's level. Junket operator Suncity (SCGHF) is more cautious with an estimate that GGR will be about 20% to 30% of the level seen in 2019.Macau GGR has been ...

Average Macau daily casino gross gaming revenue for the first six days of September was at almost double the pace seen in August, according to checks from Bernstein. More news on: Wynn Macau, Limited, Wynn Macau, Limited, Wynn Resorts, Limited, Consumer stocks news, News on ETFs, Rea...

Gaming revenue in Macau fell 94.5% in February to 1.33B patacas ($167M), with the relaxation of travel and visa restrictions in some regions only leading to a minor bump of traffic at the very end of the month. More news on: Wynn Macau, Limited, Wynn Macau, Limited, Wynn Resorts, Limited...

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