Cotai News - Page 5
Fitch analysts join others in cautioning on Macau
19 November 2014
The bond advisement service predicted zero growth in Macau’s gaming revenue by the time 2014 is concluded, and an overall decline of 1 percent in 2015.
Macau casino revenue dips record 23.2 percent in October5 November 2014
Total casino revenue was $3.5 billion in October — Macau’s fifth straight monthly decline, the Macau Gaming Inspection and Coordination Bureau said Tuesday.
Wynn revenues dip, but profits up in Q329 October 2014
Wynn said its net income for the quarter that ended Sept. 30 was $191.4 million, or $1.88 per share. A year ago, the company reported net income of $182 million, or $1.79 per share.
Macau suffers fourth straight monthly gaming revenue drop7 October 2014
Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out.
Las Vegas Sands: Strong growth in Q2 profit17 July 2014
The casino operator Wednesday credited another strong quarter from the company’s casinos in Macau with producing double-digit increases in both revenues and earnings. But the figures didn’t meet analyst projections.
Revenue from Macau casinos enriches industry billionaire19 March 2014
It makes sense that the region — the only location in China with casinos — is creating more gaming industry billionaires than Las Vegas.
Macau casinos report 7 percent increase in January, collect $3.6 billion6 February 2014
The Macau casino market ended 11 straight months of double-digit gaming revenue increases in January and recorded its lowest single-month growth rate since October 2012.
Wynn Macau appoints Gamal Aziz president8 January 2014
Steve Wynn will continue to serve as CEO and chairman of Wynn Macau.
Crown sees annual profit up 14 percent23 August 2013
Crown reports 14 percent rise in yearly profit, thanks to its Macau property.
Galaxy to expand Galaxy Macau22 May 2013
Galaxy plans to expand Galaxy Macau, adding two more phases to the casino-resort.
Cantor Gaming releases "Mobile Millions" mobile casino game at The Venetian and The Palazzo15 April 2013
"Mobile Millions," a new casino game from Cantor Mobile Casino, now available to patrons of The Venetian and The Palazzo.
PokerStars to open Macau's largest branded poker room at City of Dreams21 February 2013
"PokerStars Live at the City of Dreams" will offer cash games and daily tournaments at 13 permanent tables.
Asia Entertainment & Resources Ltd. announces move of VIP Room at Venetian Macao-Resort-Hotel to Sands Cotai Central8 February 2013
Asia Entertainment & Resources has moved its VIP room formerly at the Venetian Macao-Resort-Hotel to a new room at the Sands Cotai Central.
Adelson's Venetian Macau suing two Chinese over $4.4 million gambling debts25 January 2013
The Venetian Macau casino is seeking to recover HK$23 million from Shanghai businesswoman Zou Yunyu and more than HK$11 million from Xie Xiaoqing, a delegate to the National People's Congress.
MGM gets approval to build Cotai hotel23 October 2012
The company paid $56 million for the land, and government officials will arrange for publication of the land concession contract in the Official Gazette of Macau.
SJM Holdings gets approval for Macau casino23 October 2012
SJM Holdings said its subsidiary, SJM, had accepted the draft land concession contract with the Macau government for "70,468 square meters" of land in the Cotai area in Macau.
MGM gets approval to build Cotai hotel19 October 2012
MGM Resorts International was approved by the Macau government Thursday to build a $2.5 billion hotel-casino on the Coati Strip region.
Galaxy will expand Cotai resort27 April 2012
Phase two of Galaxy Macau's resort plan will include 1,300 new hotel rooms and 500 more gaming tables.
Report: Wynn Cotai deal sealed20 April 2012
Wynn Resorts shares rise on news of possible land contract for Cotai resort.
Gaming stocks gain as Sands Cotai opens12 April 2012
The opening of the Sands Cotai in Macau helped gaming stocks post modest gains Wednesday.
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