Thursday, January 27, 2022

Tag: Analysts

Stanley Ho’s retirement raises questions for analysts

Stanley Ho
Stanley Ho Hung Sun will step down from the company he founded, Sociedade de Jogos de Macau Holdings (SJM), the autonomous territory’s original casino concessionaire. His retirement will take effect on 12 June at the end of SJM’s annual general meeting...

Macau’s May casino GGR surpasses analysts’ expectations

ICR - Macau May GGR
Steve Wynn and Lawrence Ho spelt out Macau’s May rebound in Louis Vuitton analogies as casino revenue hit a $2.8bn high water mark for 2017.   Revenues in Macau jumped almost 24 percent in May, beating expectations and posting a 10-month winning streak as wealthy gamblers returned to the southern Chinese territory. Gross gaming receipts in May rose by 23.7 percent...