The investment bank forecasts 6 percent gross gaming revenue growth and 7 percent earnings growth, with a front-loaded 2026 for the local casino sector
Business
Nvidia will be allowed to sell its second most powerful chip to ‘approved customers’ in China, with the US government set to receive 25 percent of the revenue
The Japanese currency is trading near its weakest levels since January, lowering the costs of yen-linked goods and services
Early forecasts place gross gaming revenues above 228 billion patacas for the year, exceeding the budget’s revised target set in June
The latest figures from the Statistics and Census Service underscore the continued sluggishness of Macao’s property market
A new local study found that the salaries of around 60 percent of Macao employees remained stagnant, while another 10 percent experienced a salary decrease
There are calls for a direct Macao to Lisbon air link, but officials from both sides warn that economic and operational barriers remain
The premium mass segment led November’s better than expected gaming revenues, extending the yearlong trend of gamers staying beyond popular holidays
Seaport Research warns that the loss of satellite casinos and slow progress at Grand Lisboa Palace could further erode SJM’s market share