Vitaly Umansky of AB Bernstein said that Macao’s casino operators need revenues to return to 35% to 40% of normal levels to start breaking even before taxes and finance charges. “Macao should be …
Macao casino operator cautious as China relaxes travel controls
Vitaly Umansky of AB Bernstein said that Macao’s casino operators need revenues to return to 35% to 40% of normal levels to start breaking even before taxes and finance charges. “Macao should be …
Aqara Products Now Available in Hong Kong and Macao Apple Stores
Aqara, the leading smart home company, announced that eight of their smart home products are hitting Apple Stores in Hong Kong and Macao. The suite of Aqara products include their Hub, Temperature and …
Casino Mecca Macao to Begin Reissuing Tourist Visas
The Chinese enclave of Macao, essentially the Las Vegas of Asia, will begin issuing tourist visas anew this Wednesday. The reinstatement, announced by the Macao government Monday, will at first apply …
Sands China Kicks Off Sands Shopping Carnival with Grand Opening Event
Sands China Ltd. kicked off its three-day Sands Shopping Carnival with a grand opening celebration Friday at The Venetian® Macao’s Cotai Expo, officiated by guests of honour from government, finance, …
Casino Operators in Macao Face Fallout From New Entry Restrictions
After rolling snake eyes in Macao during July with a 94.5% revenue drop, casino companies such as MGM Resorts International (NYSE: MGM) and Las Vegas Sands (NYSE: LVS) seemingly can’t catch a break as …
Casino Operators in Macao Face Fallout From New Entry Restrictions
After rolling snake eyes in Macao during July with a 94.5% revenue drop, casino companies such as MGM Resorts International (NYSE: MGM) and Las Vegas Sands (NYSE: LVS) seemingly can’t catch a break as …
Macao Gambling Revenue Plunges by Another 95% in July
After the earnings reports from Las Vegas Sands, MGM Resorts International (NYSE:MGM), and Wynn Resorts, no one was thinking the July gambling revenue numbers out of Macao were going to be any good, …
Macao, Government of — Moody’s announces completion of a periodic review of ratings of Macao, Government of
Moody’s announces completion of a periodic review of ratings of Macao, Government ofRead the full article at Moody’s …
Macao’s restaurants, retailers business performance improves in May
The business of restaurants and retailers in Macao showed some improvement in May 2020, due to the supportive measures to spur the local consumption, the special administrative region’s statistic …