The group’s business in the SAR accounted for 86 per cent of the company’s total Adjusted Property EBITDA. Melco operates casinos in Macau, the Philippines, Cyprus and Sri Lanka. “2025 …
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Recently, the U.S. Department of Justice made public thousands of documents concerning the Jeffrey Epstein case, revealing mentions of Macau and the name “Stanley Ho” in FBI records and email …
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The casino operator reported net revenue up 11 percent year-on-year to HK$34.8 billion, while adjusted EBITDA rose 10 percent to a record HK$10 billion. Market share climbed to 16.1 percent, …
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According to a Hong Kong stock exchange filing, net income, however, slid to US$213 million from US$237 million a year earlier. In terms of property EBITDA for that quarter, the …
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Despite this double-digit growth, the VIP baccarat segment remains significantly below pre-pandemic levels, as it accounted for just 27.5% of total casino revenue last year, a sharp drop from its …
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Beginning March 1st, approximately 99% of the company’s employees will receive a salary adjustment. Full-time staff earning a monthly pre-tax salary of MOP16,000 or less will receive a flat increase …
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In their Thursday note, analysts DS Kim, Selina Li, and Lindsey Qian said, “we’re not sure” in response to the situation, with “dozens of investors” having approached them. As of …
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Data released by the Gaming Inspection and Coordination Bureau showed that GGR in December alone totalled MOP20.88 billion, representing a 14.8% increase from a year earlier and marking the strongest …
