Seaport Research Partners has revised upwards its Macau GGR estimates for May, buoyed by a stronger than expected start to the month during the five-day Golden Week holiday. In a note, Seaport…
Peninsula improvement drives Wynn Macau Ltd’s 1Q24 operating revenues to US$1 billion
The Macau operations of US-based casino giant Wynn Resorts Ltd reported total operating revenues of US$998.6 million in the three months to 31 December 2024, up 66.4% year-on-year and 9.7% higher than…
Wynn says UAE development contribution to total around US$900 million as Thailand opportunity looms large
Wynn Resorts said this morning it expects to contribute around US$900 million to the development cost of its Wynn Al Marjan Island integrated resort project in the United Arab Emirates, aided by…
PAGCOR close to handing over gaming ops at Manila’s New Coast to hotel owner as jobs transfers approved
Philippines gaming regulator PAGCOR has received authorization from the Governance Commission for Government-Owned and Controlled Corporations (GCG) to abolish 929 permanent positions at its Casino Filipino New Coast branch in Manila as…
New York Casino Bidders Lack Backup Plans
For many of the companies attempting to procure one of the three downstate gaming permits New York will eventually award, it’s “casino or bust.” Said another way, there are not backup plans…
WrestleMania Returning to Vegas After 32 Years
World Wrestling Entertainment (WWE) announced on Saturday that professional wrestling’s biggest event will be held in Las Vegas in 2025. WrestleMania XLI will place its chokehold on Allegiant Stadium over two nights,…
Dave & Buster’s Plan to Incorporate Betting Into Rewards App Draws Pushback
Dave & Buster’s made headlines last week after announcing plans to incorporate peer-to-peer in-app betting for its arcade games. The news resulted in concerns and pushback from state gaming regulators and lawmakers…
1 Main Capital Bullish on Caesars Entertainment Stock
Shares of Caesars Entertainment (NASDAQ: CZR) are down 24.64% year-to-date while the S&P 500 is higher by 7.57%, but some members of the buy-side community are enthusiastic about the casino operator’s prospects….
Century Ent says to operate 7 tables at Cambodia casino
Hong Kong-listed Century Entertainment International Holdings Ltd says one of its subsidiaries has an agreement to lease and operate two VIP rooms in a casino at Dara Sakor, Koh Kong province, in…
Macau had over 600k visitors during 5-day labour holidays
Macau saw a daily average of just above 120,000 visitor arrivals during this year’s Labour Day holiday season, according to data from Macau’s Public Security Police. An aggregate of 604,395 visitors entered…