Previous Close | 56.950 |
Open | 56.800 |
Bid | 57.100 x 0 |
Ask | 57.150 x 0 |
Day's Range | 55.750 - 57.300 |
52 Week Range | 40.300 - 73.850 |
Volume | 9,704,065 |
Avg. Volume | 12,280,777 |
Market Cap | 247.408B |
Beta (3Y Monthly) | 1.02 |
PE Ratio (TTM) | 23.32 |
EPS (TTM) | 2.451 |
Earnings Date | Feb 28, 2019 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | 2018-09-21 |
1y Target Est | 63.49 |
Police in the world's biggest gambling hub of Macau are investigating what they suspect is a rare murder in a five-star casino resort after a Chinese man was found stabbed in his bed, broadcaster TDM reported on Monday. Murder cases have been rare in the Chinese territory since Portugal ceded control of what had been a colonial backwater on the heel of China's southern coast 20 years ago. The suspected murder took place in Sands China's Conrad Macau hotel, TDM reported, citing police.
As the Chinese territory of Macau marks 20 years since its handover from Portuguese rule, slower mainland economic growth, a weaker yuan and a simmering trade war threaten to derail growth in the world's biggest casino hub. Macau, on China's southern coast, is the only place in the country where casino gambling is legal. To compound matters, China this week lowered its economic growth target to 6-6.5 percent in 2019 as Beijing copes with U.S. tariffs and weakening domestic demand.
Gambling revenue in the Chinese territory of Macau dropped 5 percent in January, the first drop in more than two years, as appetite for gambling waned amid slowing economic growth and increased headwinds from the Sino-U.S. trade war. The special administrative region reported 24.9 billion patacas ($3 billion) revenue, compared with 26.3 billion patacas a year ago, Macau's Gaming Inspection and Coordination said on Friday. The total revenue figure of 24.9 billion patacas dropped month on month from December last year but was the same as November's monthly figure.
The special administrative region reported 24.9 billion patacas ($3 billion) revenue, versus 26.3 billion patacas a year ago, Macau's Gaming Inspection and Coordination said on Friday. Macau, located on China's southern coast and the country's only legal casino hub, is highly reliant on gambling revenues for its finances, with taxes from the casinos accounting over 80 percent of the government's revenue.
Gambling revenue in the Chinese territory of Macau fell 5 percent in January, the first drop in more than two years, as appetite for gambling waned amid slowing economic growth and increased headwinds from the Sino-U.S. trade war. The special administrative region reported 24.9 billion patacas ($3 billion) revenue, versus 26.3 billion patacas a year ago, Macau's Gaming Inspection and Coordination said on Friday. Macau, located on China's southern coast and the country's only legal casino hub, is highly reliant on gambling revenues for its finances, with taxes from the casinos accounting over 80 percent of the government's revenue.
Wynn Resorts said it has agreed to an undisclosed settlement in response to a disciplinary complaint filed by the Nevada Gaming Control Board following a series of sexual misconduct claims against former chief executive Steve Wynn. The casino company, which has operations in Las Vegas and Macau, said in a filing to the U.S. Securities and Exchange Commission on Monday, the investigation into Steve Wynn had completed and it looked forward to reviewing the settlement. The company called the settlement an "important remedial step", adding that any employee mentioned in the Nevada Gaming Board's investigation, who was aware of Wynn's sexual assault allegations "is no longer with the company".
The Philippines is banking on a steady stream of foreign high rollers to drive gambling revenue to a record this year even as it braces for greater competition from neighbours who want to cash in on the casino boom, the head of the state gaming regulator said on Tuesday. Gross gaming revenue of the casino industry, which includes the local units of Macau's Melco Resorts & Entertainment Ltd and Japan's Universal Entertainment Corp, is expected to reach 217 billion pesos ($4.1 billion) this year, up 8.5 percent from a year earlier, Andrea Domingo, chairman, Philippine Amusement and Gaming Corp (Pagcor), told Reuters. "All the integrated casino resorts are doing very well," Domingo added.
Police in Macau and mainland China detained 39 suspects in an underground lending case involving more than 30 billion yuan ($4.42 billion), as China steps up measures to reduce economic risks and clamp down on illicit capital outflows. Macau police and state news agency Xinhua reported on Tuesday that a criminal gang had illegally brought credit card point-of-sale terminals from the mainland into Macau's casinos for gamblers to get cash out. Macau is the world's biggest gambling hub.
(Refiles to connect with snaps, no change to text) Jan 1 - Gambling revenue in Macau rose 14 percent in 2018, the second consecutive year of gain as demand to wager in the Chinese territory continued to ...
HONG KONG, Dec 1 (Reuters) - Gambling revenue in the Chinese territory of Macau rose 8.5 percent in November from a year earlier to 25 billion patacas ($3.1 billion), bolstered by solid demand from Chinese ...
Fund highlights strong China economy despite trade war
The Chinese territory of Macau posted its highest monthly revenue since 2014 in October, bolstered by solid demand from Chinese punters keen to play in the country's only legal casino hub. Revenue rose 2.6 percent from a year earlier to 27.3 billion patacas ($3.38 billion) last month, according to Macau's Gaming Inspection and Coordination bureau. This was aided in part by a week-long national holiday when most of Macau's hotels operated at close to maximum capacity and visitation jumped 7 percent on year.
Nov 1 (Reuters) - Gambling revenue in the Chinese territory of Macau rose 2.6 percent in October from a year earlier to 27.3 billion patacas ($3.38 billion), the highest monthly total since 2014, bolstered ...
- Q3 Group Adjusted EBITDA of $3.9 Billion , Up 10% YoY - 11 th Consecutive Quarter of YoY EBITDA Growth - Paying Previously Announced Special Dividend of $0.50 Per Share on 26 October 2018 HONG KONG ...
Oct 25 (Reuters) - Galaxy Entertainment Group Ltd: * Q3 GROUP NET REVENUE OF HK$13.0 BILLION, UP 6% YEAR-ON-YEAR * Q3 GROUP ADJUSTED EBITDA OF HK$3.9 BILLION, UP 10% Source text for Eikon: Further company ...
HONG KONG, Oct 1 - Gambling revenue in the Chinese territory of Macau posted a 2.8 percent gain in September, with solid demand from Chinese betters keen to play in the country's only legal casino hub. ...
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