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Casino Names Getting A Boost Amid Word Chinese Government Could Be Moving Back Toward Macau Support
Friday, October 2, 2015 - 10:33am | 454Read More...Casino operators with exposure to Macau, such as Las Vegas Sands Corp. (NYSE: LVS) have seen their stocks plummet over the past year. Gross gaming revenue in Macau fell in September, marking the 16th straight month of declines. Bloomberg reported that China's government may move to...
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Macquarie Says It's 'Too Early To Call The Bottom' On Macau, Recommends MGM
Thursday, September 3, 2015 - 12:52pm | 338Read More...Macau's gross gaming revenue (GGR) fell 36 percent year-over-year in August to MOP 18.6 billion, marking the fifteenth straight monthly decline and prompting Chad Beynon, Macquarie Capital's gaming analyst, to state that it is "too early to call the bottom." Some Numbers Beynon continued by...
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Bank Of America Highlights Macau's Large YOY Gross Gaming Revenue Decline
Friday, January 2, 2015 - 10:22am | 171Read More...Billy Ng of Bank of America highlighted in a note on Friday that Macau's December's Gross Gaming Revenue (GGR) 30 percent year-over-year decline was weaker than expected. According to Ng, December's GGR was the lowest since November 2011 and was weaker than the 22 percent year-over-year decline...
