Company Overview and News

 
UPDATE 1-Macau's Galaxy posts 36 pct rise in Q1 EBITDA, eyes overseas expansion push

2018-05-03 reuters
HONG KONG, May 3 (Reuters) - Macau casino operator Galaxy Entertainment Group posted a 36 percent rise in its first-quarter EBITDA due to resurgent demand from gamblers in the world’s biggest casino hub.

 
Macau's Galaxy Entertainment posts 36 pct rise in Q1 EBITDA

2018-05-03 reuters
HONG KONG, May 3 (Reuters) - Macau casino operator Galaxy Entertainment Group posted a 36 percent rise in its first-quarter EBITDA due to resurgent demand from gamblers in the world’s biggest casino hub.

 
Moats React To Continued Global Volatility

2018-04-24 seekingalpha
The volatility and sell-off experienced across markets in February continued to some degree in March, with varying impact on moat companies. International moats, as represented by the Morningstar® Global ex-US Moat Focus IndexSM (MGEUMFUN, or "International Moat Index"), led the MSCI All Country World Index ex-USA again in March (-1.35% vs. -1.76%, respectively). The U.S.-oriented Morningstar® Wide Moat Focus IndexSM (MWMFTR, or "U.

 
What to look for as Q1 earnings hit around the globe

2018-04-18 themalaymailonline
Johnson & Johnson says as a result of tax reform, it plans to increase spending on research and capital investment by 15 per cent over the next four years. — Reuters picNEW YORK, April 18 — Trade, taxes and China are the main themes to watch for heading into first-quarter earnings, along with a spate of potential deals.

 
What to Look for as First-Quarter Earnings Hit Around the Globe - Bloomberg

2018-04-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
Macau makes moves to develop non-gaming sectors

2018-04-16 scmp
New HK$26.5 billion MGM Cotai integrated resort brings advanced exhibition and convention technologies, and Asia’s first dynamic theatre

 
Wynn's Pain Is Rivals' Gain With Macau Facing a Shakeup - Bloomberg

2018-03-23 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
Macau casino operator Galaxy Entertainment’s profit surges 67pc as gaming market recovers

2018-02-28 scmp
Galaxy Entertainment Group, one of the six major casino operators in Macau, reported better-than-expected earnings for 2017, thanks to rapid growth in its VIP and mass segments amid a gaming market recovery in the city.

 
China said to mull legal gambling on Hainan

2018-02-25 theage.com.au
​China is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China's territories and transform the economy of a strategic southern province.

 
Disney Family Magic Wanes in Hong Kong as Macau's Lights Dazzle - Bloomberg

2018-02-22 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
Disney family magic wanes in HK as Macau’s lights dazzle

2018-02-21 bworldonline
WHEN CHINESE TOURISTS choose a family travel destination, Hong Kong Disneyland would seem like a logical choice. But it’s the nearby gambling hub of Macau that has all the momentum.

 
MGM Resorts (MGM) CEO Jim Murren on Q4 2017 Results - Earnings Call Transcript

2018-02-20 seekingalpha
Good morning, and welcome to the MGM Resorts International, Fourth Quarter 2017 and Full Year Earnings Conference Call.

 
Macau casino operator MGM China’s 2017 profit narrowly misses analysts expectations

2018-02-20 scmp
The company is betting big on its newly opened MGM Cotai to lure premium mass market consumers

 
MGM China CEO sees appeal of Cotai resort offsetting delayed opening

2018-02-14 scmp
Grant Bowie says the new resort complements MGM’s existing Macau property, allowing the company to cater to the full range of travellers

 
Macau faces major challenges if China casino monopoly ends

2018-02-05 bworldonline
HONG KONG — A plan to allow gambling on the Chinese island of Hainan and pave the way for casinos less than 300 miles (480 kilometers) from Macau could pose a challenge to the $33-billion industry fueling revenue for Las Vegas Sands Corp. and Wynn Resorts Ltd.

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