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Macau

Macau gambling revenue increases by 33% in February

Macau’s land-based casinos continued their good start to 2023 with revenue of MOP10.3bn (€1.2bn) in February, a year-on-year increase of 33 per cent.

This marked the [...]

1 min read

Galaxy Entertainment revenue drops 42% as Macau struggles continue

Hong Kong-listed casino operator Galaxy Entertainment Group has reported a 42 per cent fall in net revenue to HK$11.5bn (approx. €1.39bn) for 2022, as results [...]

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MGM Resorts

Las Vegas growth takes MGM Resorts’ revenue past $13bn mark

New York-listed casino and sportsbook operator MGM Resorts has reported a 36 per cent increase in full year consolidated net revenue to $13.1bn in 2022, [...]

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Wynn Resorts posts flat revenue of $3.76bn in 2022

Wynn Resorts has reported a marginal drop in full year revenue to $3.76bn after fourth quarter revenue fell by a 5 per cent.

Revenue in in [...]

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Las Vegas Sands

Macau gaming revenue rises 83% in January

Macau’s gaming sector started 2023 strongly as revenue rose by 83 per cent in January to MOP11.6bn (€1.3bn).

January’s gaming revenue was Macau’s best monthly performance [...]

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Las Vegas Sands

Las Vegas Sands posts Q4 revenue growth despite Macao struggles

New York-listed casino operator Las Vegas Sands has posted an 11 per cent increase in net revenue to $1.12bn for the final quarter of 2022, [...]

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Las Vegas Sands

Macau VIP baccarat revenue slumps 64% in 2022

Revenue from VIP baccarat play in Macau fell by 64 per cent in 2022 to just MOP10.1bn (€1.2bn), while mass market revenue was down by [...]

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Macau gaming revenue falls 56% in December

Gaming revenue in Macau fell by 56 per cent in December to MOP3.48bn (€405m) and brought a dismal year for the SAR’s casinos to a [...]

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Macau casinos look towards new horizons

Macau’s six casino operators have signed their new 10-year concession contracts and, in doing so, have committed to investing MOP119bn (€14bn) in the SAR over [...]

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Macau’s gaming recovery stalls in November

Macau’s tentative gaming recovery stalled in November with revenue of MOP3.0bn (€356m), which was down 55 per cent versus the same period last year.

Gaming revenue [...]

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Las Vegas Sands

Macau casinos awarded new 10-year concessions

All six of Macau’s current casino licensees have been provisionally awarded new 10-year concessions, which will begin in January 2023.

Genting Malaysia, a surprise seventh [...]

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Manila takes Macau’s crown in Q3

Quarterly casino revenue in the Philippines outstripped that of Macau for the first time in Q3 2022, reflecting the changing fortunes in the Asian gaming [...]

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