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Results 1 - 10 of 11 for casino

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  1. Business - Companies - EARNINGS

    Casino revamps hold back profits at SJM

    Posted Nov 12th 2013, 03:30am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Disruptions and additional staff costs at Macau operator among factors that lead to 10pc profit growth for third quarter, falling short of forecasts Casino revamps hold back profits at SJM Macau casino operator SJM's third-quarter profit grew 10.3 per cent year on year to HK$1.82 billion, the company said yesterday, but the numbers were shy ...

    http://www.scmp.com/business/companies/article/1353922/casino-revamps-hold-back-profits-sjm
  2. Business - Companies - EARNINGS

    Wynn Macau outlook dims after strong results

    Posted Feb 05th 2014, 05:37am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Wynn Macau outlook dims after strong results Casino operator Wynn Macau's fourth-quarter results beat analyst expectations but its growth will see some ... resources to squeeze out more revenue from the existing asset base, its growth could be constrained by its limited capacity," said BNP Paribas analyst D.S. Kim. The casino operator said ...

    http://www.scmp.com/business/companies/article/1420968/wynn-macau-outlook-dims-after-strong-results
  3. Business - Companies - EARNINGS

    SJM profit climbs 14.2pc to beat market forecasts

    Posted Feb 27th 2014, 01:34am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com SJM profit climbs 14.2pc to beat market forecasts Casino operator SJM's net profit grew 14.2 per cent last year to top the consensus estimate of 18 analysts surveyed. Attributable profit for the year to December was HK$7.7 billion, exceeding the HK$7.4 billion expected by analysts. Gaming revenue rose 10.2 per cent to HK$86.9 billion. Growth ...

    http://www.scmp.com/business/companies/article/1435960/sjm-profit-climbs-142pc-beat-market-forecasts
  4. Business - Companies - EARNINGS

    MGM profit in Macau misses market target

    Posted Nov 02nd 2013, 03:13am by BLOOM

    ... Bloomberg in Hong Kong MGM profit in Macau misses market target MGM China, a Macau casino operator, reported third-quarter profit that missed analyst estimates amid rising competition ... competition from bigger rivals such as Sands China and Galaxy Entertainment, which already have projects on the popular Cotai Strip in Macau. MGM has one casino on the peninsula and is building its ...

    http://www.scmp.com/business/companies/article/1345570/mgm-profit-macau-misses-market-target
  5. Business - Companies - EARNINGS

    Wynn Macau profit rises as economy rebounds

    Posted Oct 26th 2013, 02:55am by BLOOM

    ... Bloomberg Wynn Macau profit rises as economy rebounds Wynn Macau, the casino operator controlled by Steve Wynn, posted a 13 per cent increase in third-quarter earnings on Thursday, ... generate a compounded annual growth rate in ebitda of 10 per cent in the next three years, the smallest rate among all Macau casino operators, said Philip Tulk, an analyst at Standard Chartered ...

    http://www.scmp.com/business/companies/article/1340031/wynn-macau-profit-rises-economy-rebounds
  6. Business - Companies - EARNINGS

    Sands share of Macau revenue rises to 19pc

    Posted Nov 03rd 2012, 12:00am by Toh Han Shih

    ... hotel rooms and two casinos in Macau. "We will open 2,000 new hotel rooms in January 2013. That's growth," he said. Sands has submitted plans for its Parisian Macao hotel casino ... For the third quarter, JP Morgan had forecast all Macau casino operators would experience zero overall growth on average, which means Sands has gained market share in that quarter. Sands' ebitda ...

    http://www.scmp.com/business/companies/article/1074831/sands-share-macau-revenue-rises-19pc
  7. Business - Companies - EARNINGS

    Galaxy’s net profit jumps 35pc to beat market

    Posted Aug 20th 2013, 01:00pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Galaxy net rises 35pc to beat market Casino operator Galaxy Entertainment reported a 35 per cent jump in first-half net profit to a record HK$4.65 billion ... expected. Galaxy is competing with other gaming giants, including SJM and Sands China, to expand in Macau's increasingly popular Cotai Strip. Last month, it acquired the Grand Waldo casino ...

    http://www.scmp.com/business/companies/article/1298006/galaxy-1h-profit-surges-record-hk465b
  8. Business - Money - EARNINGS

    Sands eyes bigger share of Macau gaming market after 52pc net rise

    Posted Jan 31st 2013, 10:30am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Sands China, the Macau operation of US casino magnate Sheldon Adelson, is poised to further expand its share of the city's lucrative gaming industry ... as the number of mass-market customers and high-rolling VIPs surged, a sign of an improving economy on the mainland, the source of most visitors to Macau's casinos. Sands China's share price ...

    http://www.scmp.com/business/companies/article/1140045/weak-las-vegas-dampens-strong-profits-sands-macau-singapore
  9. Business - Companies - EARNINGS

    Profits dip as The VIPs pull back

    Posted Oct 26th 2012, 12:00am by Sophie Yu

    ... s pull back Casino operator Wynn Macau yesterday reported a drop in third-quarter profit, deepening the gloomy outlook for Macau's gaming industry. The casino operator's quarterly ... quarter's 13 per cent growth, according to CLSA. Deutsche Bank this week revised down its growth forecast for Macau's casino industry next year to 7 per cent from 11 per cent, and also cut its ...

    http://www.scmp.com/business/companies/article/1069916/profits-dip-vips-pull-back
  10. Business - Companies - EARNINGS

    Genting profits triple after sale of power plant

    Posted Mar 02nd 2013, 12:00am by Bloomberg

    ... Bloomberg in Kuala Lumpur Genting profits triple after sale of power plant Genting, Southeast Asia's biggest casino group by sales, said fourth-quarter profit more than tripled after ... quarter after the industry's regulator stifled efforts by casino operators to lure gamblers with discounts and giveaways including free concert tickets. Genting Singapore, which runs one ...

    http://www.scmp.com/business/companies/article/1167448/genting-profits-triple-after-sale-power-plant

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