Macau

5th August 2021

Wynn Resorts records year-on-year success in H1 2021

Wynn Resorts has reported a revenue of $1.72bn in a profitable half-year for the company, a rise of 66.1% compared to the half-year 2020 results, which…

12th January 2021

Las Vegas Sands founder Adelson dies aged 87

Las Vegas Sands founder, chairman and chief executive Sheldon Adelson has died at the age of 87 from complications related to non-Hodgkin’s lymphoma, the operator…

6th November 2020

Covid-19 continues to wreak havoc on Wynn performance in Q3

A 77.5% year-on-year drop in revenue to $370.5m and a hefty tax provision meant Wynn Resorts swung to an $831.5m net loss in the third quarter of 2020.…

30th October 2020

Chinese restrictions slow MGM Resorts recovery in Q3

MGM Resorts saw its regional US properties begin to recover from their novel coronavirus (Covid-19) shut-down in the third quarter, though continuing restrictions in Macau…

22nd October 2020

Sands begins recovery in Q3, but revenue still down 82%

Las Vegas Sands showed signs of recovery from the second quarter’s novel coronavirus (Covid-19) disruption, but revenue was down 82.0% and third quarter losses came to…

23rd July 2020

Las Vegas Sands loses $1bn in H1 amid Covid-19

Land-based gaming giant Las Vegas Sands saw revenue fall 73.1% year-on-year for the six months ended 30 June, 2020 after Q2 revenue collapsed to almost…

1st May 2020

MGM revenue falls but property sales increase profits in Q1

MGM Resorts’ revenue fell 29.1% to $2.25bn for the first quarter of 2019 due to the effects of the novel coronavirus (Covid-19), but the operator’s…

27th March 2020

MGM revenue declines in first two months of 2020

MGM Resorts issued an earnings update amid the Covid-19 pandemic, reporting that revenue has declined for the first two months of 2020, but net income…

14th February 2020

MGM revenue increases beyond $12bn in 2019

Revenue at MGM resorts increased 9.6% year-on-year while the sale of the Bellagio resort boosted profits as the operator continues to pivot its business model…

10th May 2019

Wynn hit by Macau and Vegas decline in first quarter results

Casino giant Wynn Resorts has reported a 3.7% year-on-year drop in revenue for the first quarter of the year, due in part to declines from…