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Tag: Macao

Posted on March 14, 2023

We agree with Wells Fargo that Wynn is set for a comeback as gamblers return to Macao

Wells Fargo on Thursday raised its earnings estimates for Club holding Wynn Resorts ‘ (WYNN) operations in Macao, China, while increasing its price target on the casino operator. The move …
Posted on March 8, 2023

Macao’s residential property price index drops 0.8 pct

MACAO, March 8 (Xinhua) — Macao’s overall residential property price index in the period from November 2022 to January 2023 decreased by 0.8 percent over the previous period from October to December …

( read original story …)



Posted on March 8, 2023

Hong Kong, Macao urged to make new progress

Zhao Leji, a senior Chinese leader, called on Tuesday for the Hong Kong and Macao special administrative regions to better integrate themselves into China’s overall development, resolutely implement …
Posted on February 25, 2023

Regulators give massive fillip to biz ties among GBA regions

They will also deepen financial cooperation between the Chinese mainland and Hong Kong and Macao special administrative regions and offer strong financial support for building a major cooperation …
Posted on February 23, 2023

David Beckham luxury suites? Inside The Londoner Macao: the new five-star hotel boasts rooms designed by the football legend, a Big Ben replica … plus it’s a perfect for …

David Beckham luxury suites? Inside The Londoner Macao: the new five-star hotel boasts rooms designed by the football legend, a Big Ben replica … plus it’s a perfect for stayc …

( read original story …)



Posted on February 23, 2023

Macao casino stocks, bonds on a roll as Chinese visitors return

Chinese tourists are returning to Macao in hordes after Beijing lifted its restrictions on travel to the world’s biggest gambling hub, lifting stocks and bonds of casino operators as investors bet on …

( read original story …)



Posted on February 15, 2023

MGM Resorts predicts record hotel revenue with March Madness

The company said net income was affected by a $2 million loss in operating income attributed to the gaming subconcession process for MGM Grand Paradise, the Macao property that was awarded another …

( read original story …)



Posted on February 9, 2023

These Winning Stocks Look Like a Smart Bet

Revenue slipped nearly 5% to $1 billion during the quarter, with decreased activity at its Macao properties offsetting gains for its Las Vegas operations and its Encore Boston Harbor property.

( read original story …)



Posted on February 7, 2023

Macao’s economy shows momentum of accelerated recovery: chief executive

Macao’s economy is showing a momentum of accelerated recovery with multiple favorable factors emerging after three years of COVID-19 pandemic, Ho Iat Seng, chief executive of the Macao Special …
Posted on February 4, 2023

Chinese mainland to fully reopen border with HK and Macao, scrap COVID test requirements

Photo: Xinhua China will scrap quota limitations on personnel exchanges between the mainland and Hong Kong, Macao special administrative regions (SARs), and allow group tours starting from February 6 …

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