htmlAt the G2E Asia exhibition held at the Venetian Macao, Stanley Ho's youngest son, Mario Ho, made a significant appeal to the senior levels of Macau's gaming industry. In his keynote speech, he stated that Macau must strengthen its sports culture to reach the new generation of players. The thirt
The high-end competition in the Macau gaming market is entering a real-money war of attrition, and SJM Holdings has been named by brokers as the most vulnerable in this melee. In a research report released on Thursday, CLSA pointed out that with Sands China adopting a more aggressive strategy in rei
Wynn Resorts CEO Craig Billings faced a challenging task during Thursday's Q1 earnings call – to alleviate market anxieties about the delay of the UAE project while conveying strong growth signals in Las Vegas and Macau. Against the backdrop of a US-Israel joint military action against Iran on Febru
Macau welcomed a milestone in its tourism chronicles during the Labor Day Golden Week of 2026. On May 2nd, the total number of inbound tourists soared to 247,729, breaking the record set during this year's Spring Festival of 227,917 visitors in a single day. According to the Public Security Police F
The latest data released by the Macau Gaming Inspection and Coordination Bureau reveals a typical seasonal pullback. In April, gross gaming revenue reached 19.9 billion Macau patacas (approximately 2.47 billion US dollars), a 5.5% increase from the same period last year, but a 12% decrease compared
Melco Resorts & Entertainment reported a stirring performance for the first quarter of 2026. The group's total revenue jumped by 10.9% to $1.37 billion, with net profits soaring from $32.5 million in the same period last year to $76.8 million, an increase of 136.2%. Adjusted property EBITDA also cli
MGM Resorts International presented a mixed picture in its first-quarter earnings report on Wednesday. The group's total net revenue slightly increased by 4% to $4.5 billion year-over-year, but its consolidated adjusted EBITDAR fell by 9% to $580 million, and net profit shrank by 16% to $125 million
The Office of the Secretary for Security in Macau recently released the official crime data for 2025, revealing a complex picture. The total number of gambling-related crimes for the year climbed to 2,373 cases, a 63% surge from 1,456 cases in 2024, but what is more worth questioning is not the grow
MGM China is carving out a more focused track in the competitive Macau casino market. The company's CEO, Feng Xiaofeng, condensed the core logic of this strategy into one sentence during a recent earnings call — Macau is a high-end driven market, where the key is not about the quantity of supply, bu
The Macau Gaming Inspection and Coordination Bureau recently announced the gaming revenue data for the first quarter of 2026, with the industry delivering a quite impressive report card. The total gross gaming revenue reached 66.04 billion Macau patacas (approximately 8.2 billion US dollars), a yea
Hong Kong-listed Century Entertainment International recently welcomed the return of a familiar face. The company announced in its latest notice that 78-year-old Macau gaming veteran Wu Wenxin will take over as Executive Director, Chairman of the Board, and Chairman of the Nomination Committee, rep
Macau's gaming industry handed in a report card for the first quarter of this year that had a flavor of "applauded but not popular." The latest report from brokerage CLSA shows that the total gaming revenue for the entire industry is expected to surge by 14% year-over-year, but the EBITDA growth rat
Facing the turbulent situation in the Middle East that has led to a reduction in the number of flights between Hong Kong and Europe and the Middle East, the Macau SAR government is planning a new response plan—this time turning its attention to Guangzhou Baiyun International Airport, about one hundr
According to the latest analysis by CBRE stock research, Macau's total gambling revenue in 2026 is expected to grow by 8.3% year-on-year, exceeding the market's general expectation of 6%. This optimistic forecast is based on a strong start in the first quarter—with GGR reaching 65.87 billion Macau p
Macau's gambling revenue in March exceeded market expectations with a 15% year-over-year increase, marking a strong start for 2026. Institutions such as J.P. Morgan and Seaport Research Partners have subsequently released forecasts, generally believing that growth of over 10% can still be maintained
Benefiting from the good news that Macau's gambling revenue in March increased by 15% year-on-year and exceeded market expectations, gambling stocks collectively rose on April 2nd. Among them, Melco International Development's stock price surged 18% after the performance announcement, becoming the l
