WYNMF News and Press, Wynn Macau Ltd. From 12/14/20

CFRA turns incrementally more positive on the Macau sector on early signs that it is gradually rebounding. Analyst Aaron Ho notes the domestic tourism market in China is gaining traction after the effective containment of COVID-19 has given consumers the confidence to return to leisure activi...

Another tough month is in the books for the Macau sector as gross gaming revenue fell 70.5% in November to 6.75B patacas, according to the Gaming Inspection and Coordination Bureau. The consensus estimate was for a drop of 69.8%. On a sequential basis, GGR was down 7.2% from October. Gross ga...

Some good news arrives out of Macau for a change, with the airport likely to handle 33% more daily flights in November than it did in October, according to GGRAsia. Most of the increase is reported by Macau International Airport Co. to be for flights serving mainland China cities. Notably, th...

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...

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...