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City of Dreams @City_of_Dreams
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Macao Gambling News

Revenue down, but profits up for Las Vegas Sands Corp.

Las Vegas Sands told investors its net income for the third quarter was $671.7 million, compared with $626.7 million in the same quarter a year ago. read more

Macau suffers fourth straight monthly gaming revenue drop

Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out. read more

Macao's most signifianct revenue drop in 5 years

Macau absorbs the ouch of a revenue drop of 11 percent compared to September last year. read more

Macao casino workers walk out

Ongoing labour unrest in Macau sees some casino workers walk off the job today. read more

Macau’s casinos impacted by China's anti-corruption effort

China's anti-corruption push is being felt in Macau's casinos, with some VIP gamblers staying away. read more

Macau mired in cold streak

On Monday, the Chinese gaming market was red-flagged when Wells Fargo Securities gaming analyst Cameron McKnight became the latest Wall Street researcher to post warning signals. read more

Macau gaming revenue forecast cut to 4% on VIP weakness

Continued weakness in the VIP segment has contributed to a reduction in the full year 2014 Macau gaming revenue forecast to 4%. read more

Macau gaming revenue tumbles for third straight month

Despite the 6.1 drop in August — the largest decline in 2014 — the Macau gaming market is up 8.1 percent for the year’s first eight months following 2013’s record $45.2 billion in gaming revenue. read more

Macao shares dip

Shares prices fall in Macau casinos over threat of strike action after worker protests. read more

Turnaround story unfolds for MGM Resorts International

Following the company’s release of second-quarter earnings this month — a profit of $105.5 million on revenue of $2.6 billion — the investment community praised the company and lauded expansion opportunities in the U.S. and Macau. read more

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