- CNBC03 Jul 11:24
Shares in Macau's casino companies jumped more than 10 per cent on Thursday in a rare relief rally after the government relaxed visa restrictions.
- Benzinga via Yahoo! Finance02 Jul 21:35
Shares of Macau casino operators are spiking this week following last Friday’s release of Macau’s gross gaming revenue (GGR) numbers for the month of June. After early indications that GGR numbers for ...
- Benzinga via Yahoo! Finance02 Jul 23:36
The good news for Macau investors continued On Wednesday as UBS released a note upgrading its outlook for the battered Chinese gaming hub. According to UBS analyst Anthony Wong, the firm is now shifting ...
- Zacks via Yahoo! Finance02 Jul 21:20
Casino stocks continue to rise despite thirteenth consecutive month of revenue decline in Macau.
- Bloomberg via Yahoo! Finance02 Jul 16:46
It’s been a while since investors had reasons to buy Macau casino stocks. A surprise move by the Macau government to ease China’s traveling rules and the smaller-than-expected slump in June casino revenue ...
- TheStreet.com02 Jul 05:15
NEW YORK (TheStreet) -- Macau is on a losing streak. China's gambling city and casino hub saw its gross gaming revenue fall to its lowest level in four years. For June, revenue dropped 36.2% to $2.2 billion dollars. China's slowing economy and government crackdown on corruption have both been blamed for Macau's drastic slowdown. Revenue has now fallen for 13 months straight but the numbers are...
- Benzinga via Yahoo! Finance04 Jul 22:01
In a report published Friday, Daiwa Capital Markets analyst Jamie Soo maintained an Outperform rating on MGM China Holdings Ltd (OTC: MCHVF ) (HKG: 2282). The stance on the overall Macau gaming industry ...
- Reuters via Yahoo! News26 Jun 12:18
A storied Macau junket operator, who has been the focus of a lengthy police investigation, has been accused of laundering HK$1.8 billion ($232 million) through bank accounts in Hong Kong, according to court documents released this week. Cheung Chi-tai, a former major shareholder of one of Macau's biggest junket operators the Neptune Group, is facing three separate charges of money laundering. In...
- Nasdaq03 Jul 19:31
The Parisian in Macau will add more hotel rooms and gaming tables to the market. Source Las Vegas Sands. Gaming revenue continues to plunge in Macau, and even bullish
- TheStreet.com02 Jul 00:54
Macau appears to be on a losing streak. China's gambling city and casino hub saw its gross gaming revenue fall to its lowest level in four years.