MGM International's CEO Bill Hornbuckle recently stated that the competition in the Macau market has become "like rabid dogs fighting over food." Despite being favored by "Lady Luck" in 2025 and the first quarter of this year, he remains cautious about the expectations for the remainder of the year.
Macau's gambling revenue continued its growth momentum since the Spring Festival in March. A Citibank report indicated that the gross gambling revenue for the first 8 days was estimated at 5.65 billion Macau patacas, with a daily average of about 706 million Macau patacas, an 11% increase year-over-
Macau Tourism Bureau's latest data shows that during the nine-day Spring Festival Golden Week (February 15 to 23), a total of 1.554 million visitors were received, exceeding the expected 1.5 million. The average daily visitor volume was 173,000, up 5.5% year-on-year, with an average hotel occupancy
The Year of the Horse Spring Festival Golden Week has started, and Macau has already seen over 279,000 visitors in the first two days, with an expected total of 1.5 million visitors over the holiday period. However, amidst the booming gambling market in the surrounding areas, the Chinese Embassy in
Wynn Macau's Q4 2025 financial report is out, with an on-the-spot interpretation by investment bank Jefferies: Overall in line with expectations, VIP business being the highlight, but profits were dragged down by win rates. Data shows that quarterly revenue increased by 4% year-on-year to $968 mill
The Spring Festival holiday has not officially started yet, but the data from Macau's casinos has already taken a "deep breath". Citibank estimates that the gross gaming revenue in Macau for the first eight days of February was about 5 billion Macau patacas, with daily revenue down 14% from January.
Macau's gambling market had a relatively mild start in early February. Data shows that in the first eight days of February, the total revenue was about 5 billion Macau patacas, with an average daily revenue of about 625 million Macau patacas. You know, this is about 14% lower than the average daily
Due to the "accidental leak" of performance data, MGM Resorts International had to release its Q4 and full-year financial reports for 2025 a week early. The report shows that the group's growth was mainly driven by the Macau operations and digital division, while the domestic business on the Las Veg
Once predicted to be "sunset" and even "on the brink of extinction," the Macau gaming intermediary industry welcomed official new approvals in 2026. The Secretary for Economy and Finance of Macau has newly approved 29 gaming intermediaries (commonly known as "stackers") to operate in Macau. Although
In 2026, the Macau gaming industry started the year with a "lucky beginning," achieving a total gaming revenue (GGR) of $27.9 billion in January, not only a 24% increase year-over-year but also setting a record high since January 2019. This performance represents an 8.4% month-over-month increase fr
Las Vegas Sands Corp. (LVS) welcomed a highlight moment in the fourth quarter of 2025, with its Marina Bay Sands (MBS) in Singapore achieving a record performance, hailed by the group's chairman as "the best quarter in casino hotel history." Meanwhile, the Macau market has steadily powered through h
Macau's average hotel prices declined in December, but the tourism industry maintained a robust momentum, with sufficient guest flow across all hotel categories; meanwhile, Wynn Resorts is building a large employee residential community "Wynn Oasis" on Al Marjan Island in the UAE, scheduled to open
Citibank's research in January shows that the Macau gaming market has seen significant growth in the high-end midfield sector at the beginning of the year, even though the overall number of players has declined, the betting intensity of high-value players has increased against the trend. The average
Macau's economy remained stable at the end of 2025, but signs of slowing growth momentum were evident. Although gaming revenue continued to grow year-on-year, there was a slight decline from November to December, indicating a narrowing growth rate. The tourism sector continued to exert strength, wit
At the beginning of the new year, Sands China Ltd., a Macau gaming operator, presented a significant gift to its team. The company announced that it would grant a discretionary bonus for the year 2025 to eligible full-time employees and increase salaries from March 1, 2026, with a raise ranging from
Wynn Resorts announced a significant personnel change in January 2026: the group's Chief Financial Officer (CFO) Julie Cameron-Doe will retire in mid-2026, and Craig Jeffrey Fullalove, the current CFO and Chief Administrative Officer of Wynn Macau, will officially take over on April 1 of the same ye
