- Bloomberg via Yahoo! Finance04 May 14:21
Macau’s casino shares rose in Hong Kong trading on signs that the industry’s slump is approaching a bottom. Wynn Macau Ltd. extended earlier gains to rise 2.5 percent as of 2:05 p.m., after the data was published. Galaxy Entertainment Group Ltd. rose 0.8 percent and Sands China Ltd. gained 0.9 percent, while the benchmark Hang Seng Index was little changed. Gross gaming revenue in the world’s ...
- Associated Press via Yahoo! News06 May 08:10
LAS VEGAS (AP) — Casino mogul Sheldon Adelson found himself answering questions in a Las Vegas courtroom on Tuesday about what he knew about a plot to behead employees in Macau and if Chinese government promises were broken as Las Vegas Sands Corp. developed properties on the lucrative Cotai Strip.
- AsiaOne05 May 22:07
HONG KONG - SJM Holdings, Macau's oldest casino operator founded by billionaire Stanley Ho, saw its net profit plunge 47 per cent year on year to 1 billion Hong Kong dollars (S$174.8 million) for the three months ended March, the company said Monday. It was the latest operator in the Chinese special administrative region to report dismal first-quarter results. In April, Sands China - owner of ...
- Benzinga via Yahoo! Finance05 May 00:51
It’s not often that the market sees news of a 38.8 percent year-over-year drop in revenue as a good thing, but that’s the case for stocks of Macau casino operators today. According to data released by ...
- CNBC04 May 07:58
Macau casino stocks have dropped amid China's anti-graft crackdown, but some investors hold faith in long-term gambling demand.
- TODAYonline05 May 04:51
MACAU - Gambling revenue in the Chinese Special Administrative Region of Macau plummeted 38.8 per cent in April from the same month a year earlier, the 11th consecutive monthly fall as wealthy mainland gamblers steered clear of the country's only legal casino...
- Reuters via Yahoo! Finance04 May 05:35
Macau casino stocks have lost as much as half their value over the past year as China's anti-corruption crackdown scares away wealthy VIP punters, but some investors say their faith in long-term gambling demand from the mainland remains unshaken. Industry moguls like Wynn Resorts' (WYNN.O) Steve Wynn and Las Vegas Sands' (LVS.N) Sheldon Adelson have noted the unprecedented nature of the decline...
Gambling Stock Roundup: Macau, Nevada Monthly Revenues Fall; Wynn Resorts & Boyd Gaming Post Q1 Earnings - Analyst BlogZacks via Yahoo! Finance05 May 03:57
Nevada's gambling revenues fell in March while Macau gambling revenues plunged 39% in April. Wynn Resorts Ltd. (WYNN) posts dismal first quarter results while Boyd Gaming Corporation (BYD) posted better-than-expected results.
- Reuters via Yahoo! Finance04 May 15:13
Gambling revenue in the Chinese territory of Macau plummeted 38.8 percent in April from a year earlier, the eleventh consecutive monthly fall as wealthy gamblers steered clear of the country's only legal ...
- Las Vegas Review-Journal05 May 21:35
In his third day of testimony casino mogul Sheldon Adelson denied knowledge of a secret “exorcism strategy” to rid Sands China Ltd. of its president and CEO, Steven Jacobs.