Market revenue in Macau climbed 19% in June, driven by booming spending data, leading to stock market gains for companies like Wynn Resorts and MGM Resorts International.
6 reports, 1 independent
Updated Jul 1
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New informationRepeats or wire copies
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What happened
Market revenue in Macau climbed 19% in June, driven by booming spending data, leading to stock market gains for companies like Wynn Resorts and MGM Resorts International.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Retail revenue growth reported in Macau and Hong Kong, with stores located in Southeast Asia.1 source
- Macau gaming revenue jumped 19% in June, fueled by strong spending, impacting market performance for Wynn and MGM.
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The entities involved
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Wynn Resorts
American gaming, hospitality and entertainment company
Nothing else this week.
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MGM Resorts International
American multinational hotel, sports and entertainment company
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Macau
city and special administrative region of China
Related events
- SJM Holdings Ltd. operates as a casino and resorts operator in Macau.
- Paradise Entertainment Limited filed profit warnings regarding operational losses due to revenue loss from services in Macau.
- World Cup participation is affecting Macau's gaming revenue, leading lawmakers to propose incentives for short-haul travelers.
- Macau cited Las Vegas as a successful business model on September 8th.
Coverage
Newest first; wire copies grouped- macaudailytimes.com.mo
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