SJMHY News and Press, SJM Holdings Ltd ADR From 06/01/23

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...

2023-04-03 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...

Macau will see more activity on August 2 when bars, restaurants, salons, gyms and entertainment venues reopen following a COVID-19 lockdown that lasted more than a month. Retail establishments will require visitors to show proof of a negative COVID test taken within the prior 72 hours i...

Gross gaming revenue in Macau fell 95% year-over-year during July to 398M patacas ($49M), according to the Gaming Inspection and Coordination Bureau. The monthly tally was slightly better than the consensus expectation for a 98% drop, but marked the worst month ever for the gambling...

Macau casinos could open their doors as soon as Saturday, according to Reuters. Citing “a source with direct knowledge of the information”, the outlet indicated that regulators are quickly working to drop its most stringent restrictions. The reopening comes just ab...

In statements to the World Economic Forum on Tuesday, Chinese premier Li Kieqang indicated China will continue to pursue reopening policies, including the resumption of international travel. According to Chinese state media, the premier that has become the face of reopening acro...