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The Londoner Macao Launches First Phase with Regal Opening Ceremony Sands China presents newly reimagined integrated resort PR Newswire MACAO , Feb. 8, 2021 /PRNewswire/ -- Amid fanfare and spectacle, Sands China Ltd. launched the first phase of The Londone...
Gross gaming revenue in Macau fell 63.7% Y/Y in January to 8.02B patacas ($1.0B), but showed sequential improvement from the mark in December and topped the consensus expectation from analysts for a drop of 67%. Visitation bottlenecks due to visa processing and COVID-test requirement slowed d...
Bank of American weighs in on the 66% drop in Macau gross gaming revenue for December. "The MoM growth was partly helped by the Christmas holiday season. Macau government has imposed stricter quarantine rules on Dec 21, requiring people arriving Macau from locations except mainland China and ...
Gross gaming revenue in Macau fell 65.8% in December to 7.83B patacas ($980M) as the slow pace of recovery continued with more Mainland visitors trekking to the reawakening gambling mecca. Some late month strength was noted as visitation to Macau averaged 24,503 per day for December 23-27, wh...
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...
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Sands China Announces Winners of 'Entrepreneurship Recruitment Programme for Rua das Estalagens' PR Newswire Part of company's ongoing Community Revitalisation Series MACAO , July 25, 2024 /PRNewswire/ -- Sands China Ltd. disclosed the results of its En...
2024 Sands Shopping Carnival Draws Record-Breaking 120,000 Visits PR Newswire July 18-21 event supported Macao's "tourism+" initiative Free business platform for local SMEs and Sands retailers MACAO , July 24, 2024 /PRNewswire/ -- The 2024...
Sands Macao Celebrates 20th Anniversary PR Newswire MACAO , May 16, 2024 /PRNewswire/ -- Sands ® Macao celebrated its 20th anniversary with a ceremony at the hotel and entertainment complex's outdoor fountain Thursday, marking two decades since its 2...