Tag Archives Macau

Macau records a 3.5% decline in aggregated gross gaming revenues for July

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The over 35 casinos in Macau reportedly had a bad July after ending a recent spurt of comparable growth to post a 3.5% decline year-on-year in aggregate gross gaming revenues to approximately $3.03 billion. Comparable disappointment: According to a Thursday report from GGRAsia citing official figures from the enclave’s Gaming Inspection and Coordination Bureau, ...

Las Vegas Sands Corporation updates investors on Singapore and Macau expansions

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American casino operator, Las Vegas Sands Corporation, has reportedly utilized a conference call to discuss its most recent second-quarter financial results to update investors about the firm’s ongoing expansion efforts in Singapore and Macau. Singapore scheme: According to a Thursday report, the Las Vegas-headquartered giant had earlier unveiled plans to spend approximately $3.3 billion ...

Macau expected to post relatively flat July aggregated gross gaming revenues

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The Asian branch of global brokerage firm, Sanford C Bernstein and Company, has reportedly predicted that the Macau’s 38-venue casino market will post comparatively flat aggregated gross gaming revenues for the month of July. Paltry performance: According to a report, the Hong Kong-headquartered entity stated that it expects the city’s casino industry to record ...