-
Jefferies raises casino revenue forecast for 2025
17 Jul 2025 04:09 GMT
… GGR) forecast for Macau’s casinos to MOP237 billion (USD29.3 … reaching MOP254 billion by 2027.
Galaxy Entertainment Group and MGM China are forecast … revenue for Macau’s major casino operators during the summer, … the opening of new casino properties.
Related
-
Macau casino industry gears up for strong summer after promising first half: Jefferies
17 Jul 2025 01:30 GMT
Macau’s gaming industry is on course to generate gross gaming revenue (GGR) of MOP237 billion ($30 billion) in 2025, in line with market expectations but ahead of the government’s conservative estimate of MOP228 billion ($29 billion), analysts from …
-
Thai Cabinet pulls casino bill to avert attack, prepare robust version
09 Jul 2025 21:02 GMT
… them. He spoke about casinos out of concern and … and increases employment. Importantly, casinos make up only 10 … tourists.
Hard Rock, Genting, Galaxy Entertainment Group Ltd., MGM Resorts International, … long aspired to have casinos in Thailand, first when …
-
Thai Government Pulls Plug on Casino Legalization Bill as Political Crisis Escalates
08 Jul 2025 21:45 GMT
… foreign investors interested in developing casinos in Thailand as part of … casino operators, including Wynn Resorts, MGM Resorts International, Las Vegas Sands, Galaxy Entertainment Group … government countered by claiming that casinos would occupy a maximum of …
-
The 13 Hotel new owner sells Singapore assets for MOP321 mln
16 Jul 2025 15:35 GMT
… a satellite casino under Galaxy Entertainment Group’s gaming concession. But the casino ceased operations … . The hotel opened without a casino and soon became mired in …
-
Macau July GGR y-o-y growth expected to reach 12–18%: HSBC
15 Jul 2025 18:42 GMT
Macau’s gaming industry is expected to record a second consecutive month of relatively strong growth in gross gaming revenue (GGR), with July likely to post a year-on-year increase of 12 to 18 percent, according to a recent investment memo from HSBC.
…
-
Michael Palmieri says making return to Sands China as SVP slots operations
16 Jul 2025 10:10 GMT
Michael Palmieri, a casino industry executive with extensive experience … Marina Bay Sands, the Singapore casino property of Las Vegas Sands … , the flagship Cotai property of Galaxy Entertainment Group Ltd.
-
Jefferies reduces Macau full-year 2025 GGR estimate to US$29.3bln
16 Jul 2025 10:10 GMT
… Jefferies now expects Macau’s casino gross gaming revenue (GGR) to … said it continues to assume Galaxy Entertainment Group Ltd and MGM China Holdings … in the context of the casino firm, according to Mr Goldstein …
-
Macau ops can do better on returns to shareholders, amid record board payouts: CLSA
15 Jul 2025 13:16 GMT
… aggregate at Macau’s six casino concessionaires in 2024, sector “earnings … Kiang.
He stated: “Directionally, only Galaxy [Entertainment Group Ltd] and MGM China [Holdings …
-
Flight constraints, price pressures loom as tourism gears up for summer surge
11 Jul 2025 04:32 GMT
… , particularly due to its numerous casinos located near the Thai border … and sightseeing,” Verschuren noted.
Previously, Galaxy Entertainment Group chairman Francis Lui has also … authentic Macau away from the casinos,” he added. Nadia Shaw …
About
© 1995-2025