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Bank of America said the final version of the gaming law passed by the Macau Legislative Assembly reflected the amendments that have been revealed in the past couple months and were in-line with expectations. The amendment bill allows for six new concessions, with a maximum term of 10 years a...
Gainers: Turning Point Therapeutics (TPTX) +117%. Energy Focus (EFOI) +40%. Galecto (GLTO) +25%. Adaptimmune (ADAP) +22%. Amylyx Pharmaceuticals (AMLX) +22%. AudioEye (AEYE) +20%. Sprague Resources LP (SRLP) +20%. Global Cord Blood (CO) +18%. GreenBox (GBOX) +17%. Kopin (KOPN) +15%. Losers: N...
Gainers: Integrated Media Technology (IMTE) +22%. Missfresh Limited (MF) +20%. Chewy (CHWY) +19%. EBET (EBET) +18%. Lands' End (LE) +17%. Losers: Mullen Automotive (MULN) -13%. Studio City International Holdings Limited (MSC) -7%. Energy Focus (EFOI) -7%. Wah Fu Education Grou...
Gross gaming revenue in Macau fell 68% year-over-year during May to 3.34B patacas ($410M), according to the Gaming Inspection and Coordination Bureau. The monthly tally was 25% higher than the mark from April, but missed the consensus expectation for a drop of 64%. GGR is down 44% to $24.79B ...
Shareholders of Studio City International Holdings (NYSE:MSC +63.3%) were big winners on Tuesday. Shares of the Hong Kong-based casino operator surged over 90% at intraday highs as investors eyed the reopening of its flagship Cotai, Macau casino and resort. While gains moderated toward T...
Gainers: Mullen Automotive (MULN) +52%. Gogoro (GGR) +34%. Studio City International Holdings Limited (MSC) +34%. Pop Culture Group (CPOP) +23%. RISE Education Cayman Ltd (REDU) +22%. Losers: Boqii Holding Limited (BQ) -86%. Lixiang Education Holding (LXEH) -14%. K...
Gross gaming revenue in Macau showed a slight improvement last week, but remained below EBITDA break-even levels, according to checks by Jefferies. Analyst David Katz said there is some incremental progress with visitation to the gambling mecca as Portuguese non-resident nationals will be all...
Casino stocks led the S&P higher on Friday as news of a potential end to lockdowns in China sent gaming stocks skyward. Per the Associated Press, officials in Shanghai are considering a reopening “in a few days” as case numbers fall. The nation’s most populous city is...
MACAU, May 05, 2022 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the first quarter of 2022....
Gross gaming revenue in Macau fell 68% year-over-year during April to 2.68B patacas ($331M), which marked the lowest tally for the gambling region in 18 months and fell short of the expectation of analysts. Revenue fell 27% in April from the level recorded in March and was 89% off from the pr...
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MACAU, July 12, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment’s Studio City is home to one of the World’s Most Beautiful Hotels according to UNESCO’s World Architecture & Design Award, the Prix Versailles . Awarded to W Macau – Studio City loca...
2024-07-06 19:18:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-26 21:42:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...