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Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Apri...
Gross gaming revenue in Macau was up 58% Y/Y to $1.04B in March to fall short of the consensus estimate for a gain of 71% against the soft pandemic period comparable.The region saw increased visitation from Mainland China as some travel restrictions were relaxed.Macau GGR is down 22.5% Y...
UBS doesn't think the same government calls will be made for people not to travel to Macau for the May Day Golden Week period as were made in February for the Chinese New Year holiday. The firm bases its conviction off a conversation with a local official."We are now at a similar timeframe be...
Bank of America says Guangzhou traffic levels were down -12% Y/Y from normal for the week ending March 13 to mark the best week this year and indicate a sharp recovery from the 2021 average traffic drop of -26%. "China RevPAR was -30% vs. 2019, above the four-week rolling average of -40%. In ...
Gross gaming revenue in Macau was up 135.6% in February to $915M compared to a year ago when the global pandemic impacted travel.Due to the fewer amount of days in February, GGR was higher during the month than January GGR on a daily basis. The two-year comparison didn't look as sharp as Febr...
SmarTone Telecommunications' share price jumped by +8% on February 24, 2021, and this could be partly due to the growth potential of its new 5G mobile broadband services. Both SmarTone Telecommunications and Starhub have seen new 5G mobile plans having a positive impact on their ARPUs...
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...
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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...