GEG marks Chinese New Year with a series of programs and initiatives
Operator celebrates 10 years of its Community Caring Program and prepares major contributions to Macau’s festive events.
Operator celebrates 10 years of its Community Caring Program and prepares major contributions to Macau’s festive events.
Lotte Tour returned to profit in 2025 as Jeju Dream Tower fueled strong revenue and operating growth.
The operator managed to increase net revenue for Q4 2025 by 1.5% to $1.9bn, despite net income and adjusted property EBITDAR both witnessing decreases year-over-year.
The operator reported its financial results for Q1 fiscal year 2026 on February 12, witnessing a 0.2% decrease in net revenue to $434.5m, as well as a 3.4% fall in adjusted EBITDA to $86.4m.
The Q4 results of Melco Resorts and Entertainment exhibited a promising return to profitability, though the company is not getting carried away as the City of Dreams brand grows.
Macau-led gains at City of Dreams and Studio City lifted group profitability in the quarter, offset by softer results in Manila and continued losses at Altira and new Sri Lanka operations.
Strong online performance offsets weaker property results, while international operations post lower gaming volumes.
Largest penalty issued to a club or hotel for this category of offences, regulator says.
The Asociación de Empleados de Casinos Nacional (AECN) led a demonstration in Mar del Plata against President Javier Milei’s proposed labor reform.
Workers represented by AMS approved a strike following stalled wage negotiations, escalating a dispute that includes daily demonstrations and work-to-rule measures.