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Macau's Gaming Revenue Set for Further Recovery in March -- Market Talk
Macau's gaming industry revenue is likely to further recover in March, Citi analysts George Choi and Ryan Cheung say in a research note.
Hong Kong Casino Stocks Rise as Macau Gaming Revenue Notches Best January Since 2020
Hong Kong-listed casino stocks rose after Macau's gaming revenue posted its second-best monthly performance since the pandemic, helped by increasing numbers of visitors to the Asian gambling hub.
Emperor International Raises Proposed Service Fees From SJM Resorts
Emperor International Holdings (HKG:0163) proposed to increase the annual caps of the services fees it will receive from SJM Resorts, an entity owned by subsidiary Emperor Entertainment Hotel (HKG:029
East Asia Securities: Giving the Macau Gaming Industry an “Increased Wealth” Rating Expected to Increase Macau's Gaming Revenue to $234 billion this year
According to a report published by the East Asia Securities Research Department, as the mainland economy gradually stabilizes, mainland travel demand is steady, and traffic gradually returns to normal, it is expected that Macau's gaming revenue may increase to MOP 234 billion this year, an increase of nearly 28% over last year, returning to about 80% in 2019.
Macau Lucky Gaming's gross revenue of MOP 18.567 billion in December increased 433.3% year-on-year
For the full year of 2023, Macau's gross gaming revenue was MOP 183,059 billion, an increase of 333.8% over the previous year.
Macau Tourism Office: Over 456,000 visitors visited Macao in 4 days from December 23 to 26
On December 27, the Macao Government Tourism Office said that according to provisional data, more than 456,000 visitors visited Macao during the four-day period from December 23 to 26, with an average of about 114,000 visitors per day, up 1.3% from the same period in 2019.
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