-
Wynn Is Set To Win Amid Gaming Resurgence In Macau, Goldman Sachs Says
Tuesday, September 24, 2019 - 1:44pm | 448Read More...Wynn Resorts, Limited (NASDAQ: WYNN) is set to benefit from a return of the high rollers to a resurgent Macau, Goldman Sachs said Tuesday. The Analyst Goldman Sachs analyst Stephen Grambling upgraded Wynn Resorts from Neutral to Buy and raised the price target from $140 to $155. Grambling continues...
-
Macau Records Highest Monthly Gaming Revenue In Nearly 2 Years
Tuesday, November 1, 2016 - 11:44am | 537Read More...Macau is on its first winning streak since 2014. The latest data from the Macao Gaming and Coordination Bureau reveals that Macau brought in 21.8 billion patacas in October, up 8.8 percent year-over-year. Prior to August's 1.1 percent gain, Macau had registered 26 consecutive year-over-year...
-
Macau Stocks Fall As Government Plans To Review Overcrowding
Tuesday, February 24, 2015 - 3:21pm | 409Read More...Shares of the major Macau casino operators are falling on Tuesday after a senior Macau official made comments indicating that the city plans to have discussions about overcrowding in the city, according to a report by Bloomberg The stocks of Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL),...
-
Macau November Gambling Revenue Rises 21.3%
Monday, December 2, 2013 - 5:32am | 27Read More...Gambling revenue in Macau surged 21.3% y/y in November. Macau's gambling revenue rose to 30.18 billion patacas ($3.78 billion), according to government data. However, analysts were expecting a 20% growth.
-
Macau June Gambling Revenue Rises 21.1%
Monday, July 1, 2013 - 5:39am | 30Read More...Gambling revenue in Macau climbed 21.1% y/y in June, according to government data. Macau's revenue rose to 28.3 billion patacas ($3.54 billion) in the month. However, analysts were expecting growth of 18%-21%.
-
Macau March Gambling Revenue Rises 25.4%
Tuesday, April 2, 2013 - 4:16am | 29Read More...Gambling revenue in Macau climbed 25.4% in March, according to government data. Macau gambling revenue jumped to 31.34 billion patacas ($3.92 billion) in March, while full-year gambling revenue came in at $38 billion.
-
Macau February Gambling Revenue Rises 11.5%
Friday, March 1, 2013 - 6:01am | 26Read More...Gambling revenue in Macau surged 11.5% y/y in February. Macau's revenue for the month rose to 27.1 billion patacas ($3.39 billion). However, analysts expected a growth of 9% to 11%.
-
Macau Gambling Revenue Rises 19.6% In December
Wednesday, January 2, 2013 - 3:15am | 24Read More...Macau gambling revenue surged 19.6% to 28.25 billion patacas ($3.54 billion) in December, according to data from the Macau government. Macau annual gambling revenue for 2012 jumped 13.5% versus 2011.
-
Macau November Gambling Revenue Rises 7.9%
Monday, December 3, 2012 - 7:18am | 30Read More...Gambling revenue in Macau climbed 7.9% y/y in November. Macau's gambling revenue rose to 24.88 billion patacas ($3.12 billion) in the month. However, analysts were expecting a 7% to 8% growth rate in revenue.
-
Macau Gambling Revenue Rises 3.2% In October
Thursday, November 1, 2012 - 5:10am | 29Read More...Gambling revenue in Macau climbed 3.2% y/y in October. Macau's October revenue came in at 27.7 billion patacas ($3.5 billion). However, analysts were expecting around 2% rise in revenue during the month.
-
Macau Gambling Revenue Surges 12% In September
Thursday, October 4, 2012 - 4:36am | 58Read More...Gambling revenue in Macau surged 12% y/y in September. Gambling revenue in the month rose to 23.87 billion patacas ($2.99 billion), from MOP21.24 billion, in the year-ago month. However, revenue rose 5.5% y/y in August. Analysts were expecting revenue to rise 20% in September. In the first nine...
-
Macau Gambling Revenue Rises 1.5% In July
Wednesday, August 1, 2012 - 5:01am | 41Read More...Macau gambling revenue surged 1.5% y/y in July. Macau's total revenue gained to 24.58 billion patacas ($3.08 billion) in July, versus MOP24.21 billion, in the year-ago month. In the first seven months of the year, gambling revenue surged 17% y/y to MOP173.3 billion.
-
Macau May Gambling Revenue Up 7.3%
Friday, June 1, 2012 - 4:34am | 20Read More...Macau reported a 7.3% rise in its gambling revenue in May. Total revenue for the month surged to 26.08 billion patacas ($3.3 billion).
-
Macau April Gambling Revenue Up 21.9%
Wednesday, May 2, 2012 - 4:59am | 22Read More...Macau posted a 21.9% surge in April gambling revenue, according to government data. Macau's gambling revenue climbed to 25 billion patacas ($3.13 billion) in April.
-
Macau Gambling Revenue Jumps 42% In 2011
Tuesday, January 3, 2012 - 6:24am | 52Read More...Gambling revenue in Macau surged 25% in December y/y, according to government statistics. Macau's gambling revenue jumped 42% in 2011 to MOP267.87 billion (US$33.47 billion). Gambling revenue in the Chinese territory climbed to MOP23.61 billion in December, from MOP18.88 billion, in the year-ago...
