Casino gaming companies in las vegas11/21/2023 ![]() ![]() On Wednesday, the U.S.-based company reported $2.8 billion in revenue for the most recent quarter, beating analyst estimates of $2.72 billion and over double the $1.01 billion reported last year. And that energy is showing up in gaming company earnings, most recently with Las Vegas Sands, the owner of Macau resorts like The Venetian and the Londoner. ![]() And a regulatory crackdown targeted the Chinese high-rollers that kept gaming companies flush with cash.īut punters are now flocking back to a newly opened Macau. rival, Las Vegas, for the first time in years. Casino revenue crashed, dropping Macau below its U.S. Travel plunged as both Macau and mainland China, its largest source of visitors, imposed tough quarantine restrictions. The city, the only place in China that allows gambling, has had a tough few years. Macau's gamblers are hitting the tables again-and that's proving to be good news for the casinos serving them. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |