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  • October 23, 2014
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  1. Business - Companies - EARNINGS

    Sands China on target with 3.3pc profit gain in third quarter

    Posted Oct 16th 2014, 02:03pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Macau casino operator posts earnings of US$809 million for quarter, meeting analyst forecasts despite squeeze in market conditions Sands China on target with 3.3pc profit gain Macau casino operator Sands China posted a 3.3 per cent increase in adjusted earnings before interest, tax, depreciation and amortisation to US$809 million in the third ...

    http://www.scmp.com/business/companies/article/1617593/property-earnings-help-boost-casino-operator-sands-china-third
  2. Business - China Business - GAMING

    Surge in Macau visitors unlikely to boost gaming take, analysts say

    Posted Oct 08th 2014, 01:34pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Gaming hub sees 17pc rise in mainland tourists during National Day break as protests hit HK Macau casinos unlikely to gain from visitor surge The number of mainland visitors to Macau over the week-long National Day holiday surged 17 per cent year on year as tourists avoided Hong Kong due to Occupy Central protests that paralysed parts of the city. ...

    http://www.scmp.com/business/china-business/article/1612051/surge-macau-visitors-unlikely-boost-gaming-take-analysts-say
  3. Business - Economy - GAMING

    Macau casinos see biggest drop in five years in monthly revenues; shares up

    Posted Oct 06th 2014, 03:03pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Macau gaming stocks jump despite 11.7pc fall in takings, which continues trend driven by falling visitor numbers and slowing national economy Casino revenues drop most in 5 years Revenue at Macau's casinos in September fell 11.7 per cent from a year ago, the most in five years. The downward trend is likely to continue this month ...

    http://www.scmp.com/business/economy/article/1610585/macau-gaming-revenue-falls-september
  4. Business - Companies

    Macau will be a winner for years, US casino billionaire Steve Wynn wagers

    Posted Sep 24th 2014, 03:45am by TIFFANY AP

    ... Tiffany Ap in Macau tiffany.ap@scmp.com Casino mogul sees no threat from mainland crackdown on graft and extravagance Wynn bets Macau willbe a winner for years Casino billionaire Steve Wynn has dismissed fears that Macau's gaming industry is threatened by the mainland's crackdown on corruption and extravagance, saying he's bullish about the city's ...

    http://www.scmp.com/business/companies/article/1599077/macau-will-be-winner-years-us-casino-billionaire-steve-wynn
  5. Business - Companies - GAMING

    Macau's September casino earnings expected to fall up to 13pc

    Posted Oct 01st 2014, 04:18am by Bloomberg

    ... Bloomberg Macau casino earnings expected to fall further Macau's casino gaming revenue is expected to have dropped up to 13 per cent last month, Teledifusao de Macau reported ... a report posted on the website of the state-controlled television station. That indicated Macau's tourism market was no longer solely driven by the casino industry, the television station ...

    http://www.scmp.com/business/companies/article/1604944/macaus-september-casino-earnings-expected-fall-13pc
  6. Business - Companies - GAMING

    Macau stocks down as casino revenue set to fall

    Posted Sep 25th 2014, 10:33am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com CLSA predicts takings in Macau will fall 1pc this year with an unpromising short-term outlook Casino operators slide on bearish revenue forecast Shares in all six Macau casino operators slid yesterday after a CLSA report predicted gross gaming revenue in the world's largest gambling hub would fall 1 per cent this year, compared with its ...

    http://www.scmp.com/business/companies/article/1600062/imperial-pacific-announces-us71b-spend-saipan-casino
  7. Business - China Business - GAMING

    China's high rollers heading to overseas casinos instead of Macau

    Posted Sep 18th 2014, 05:57am by Bloomberg

    ... Bloomberg Big-spending gamblers are avoiding Macau in favour of other Asian destinations and Las Vegas as Beijing's anti-graft campaign continues China's high rollers heading overseas China's high-spending gamblers are looking to bet outside Macau amid a government assault on corruption and extravagance, and that is boosting casinos from the Philippines to the Las ...

    http://www.scmp.com/business/china-business/article/1594952/chinas-high-rollers-heading-overseas-casinos-instead-macau
  8. Business - Companies - MONEY MATTERS

    Odd silence as casino chips fall

    Posted May 02nd 2014, 11:52am by Shirley Yam

    ... fall on rumours of missing billions At the best of times, Macau's gaming stocks are not for the faint-hearted. But even by their standards, what happened last week was frightening. About ... between HK$8 billion and HK$10 billion. The same day, the Macau Daily Times reported that the wife of Cheong Chi-tai, an owner of listed junket company Neptune Group, had been detained by Hong ...

    http://www.scmp.com/business/companies/article/1502397/odd-silence-casino-chips-fall
  9. Business - Companies - EQUITIES

    Macau casinos suffer third straight month of falling revenue

    Posted Sep 01st 2014, 11:32am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Revenue drops for the third straight month as high-rolling mainland gamblers hold back Rapid fall in Macau casino market Gambling revenue in Macau ... in Macau gaming stocks was partly owing to a disappointing reading of China's purchasing managers' index in August, cementing worries over the health of the world's second-largest ...

    http://www.scmp.com/business/companies/article/1582823/shares-casino-giants-fall-macau-gaming-data
  10. Business - Companies - EARNINGS

    Wynn Macau faces tough times as wages and resort design costs rise

    Posted Aug 21st 2014, 09:40am by TIFFANY AP

    ... times in store for Wynn Macau as wages rise Casino and hotel operator Wynn Macau reported flat interim results and faces a tough second half as rising wages and design costs for its new resort, ... for more free accommodation for VIP clients. On Wednesday, Wynn Macau also posted a statement to the stock exchange saying it would boost its Wynn Palace budget for design services to HK$156 ...

    http://www.scmp.com/business/companies/article/1578275/wynn-macau-first-half-profit-down-124pc

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