Articles tagged “casinos”

Tourism

Las Vegas Sands Sees Macau Tourism Recovery Revenue Boost

Las Vegas Sands Corp has benefited from a resilient, post-pandemic gaming sector in Macau and Singapore.

Las Vegas Sands Sees Macau Tourism Recovery Revenue Boost

Hotels

Marriott to Bet on Gaming With MGM Resorts Loyalty Program Tie-Up

Expect other hotel companies to wager on gaming soon. After all, if airlines have code-shares and interlining agreements, why can't hotels and gaming companies, too?

Marriott to Bet on Gaming With MGM Resorts Loyalty Program Tie-Up

Tourism

Chinese Tourists Throng Macau for Lunar New Year Break

As the return of Chinese tourists helps Macau register the highest single day record since the pandemic, we wonder if these tourists would be able to do the same for other destinations.

Chinese Tourists Throng Macau for Lunar New Year Break

Hotels

Macau Still Empty After Casino Hub Reopened

Businesses in Macau, a special Chinese administrative region, are having to readjust expectations after the euphoria that came with the reopening earlier this month. Streets and casinos are still eerily empty.

Macau Still Empty After Casino Hub Reopened

News Blog

Wynn Resorts Confirms It’s Opening First Casino in UAE

Integrated resort operator Wynn Resorts confirmed that it would be operating a casino at its resort in Ras Al Khaimah. The casino at Wynn Marjan would be “somewhat larger than” the operator’s flagship U.S. gaming venue - Wynn Las Vegas, CEO Craig Billings said during the earnings call on Wednesday. Announced earlier this year, the…

News Blog

MGM in Talks With Genting for Potential Purchase of Resorts World Sentosa

Casino-resort Genting Singapore is in talks with bidders for the purchase of Resorts World Sentosa and US-based MGM Resorts International is one of the top contenders, according to Bloomberg reports. While MGM’s recent talks with Malaysia’s Lim family, that owns 53 percent stake in Genting Singapore, failed to yield an agreement, the Singapore-based casino operator…

Hotels

Hotels and Short-Term Rentals Blur Lines in New U.S. Accommodation Market

Short-term rentals outshone hotels during the pandemic years in the U.S. accommodation sector. However, the boundaries between hotels and so-called STRs are blurring and it is still to be seen how the two segments will compete to define the market landscape.

Hotels and Short-Term Rentals Blur Lines in New U.S. Accommodation Market

Hotels

U.S. Accommodation Sector Market Estimates 2022: New Skift Research

Except for the down year of 2020, the U.S. accommodation sector has been performing robustly, with the short-term rental segment gaining market share. We believe hotels will make a strong comeback in 2022 relative to the short-term rental sector.

U.S. Accommodation Sector Market Estimates 2022: New Skift Research

Coronavirus

Blackstone Makes $6.3 Billion Bid for Troubled Crown Resorts

Blackstone's streak of casino resort acquisitions now extends to Australia, but Crown Resorts is in more turmoil than the investment firm's prior resort purchases in Las Vegas. It's going to take years to right this ship.

Blackstone Makes $6.3 Billion Bid for Troubled Crown Resorts

Hotels

Australia’s Crown Resorts Could Collapse Under Money Laundering Allegations

Things are getting dire for James Packer's casino empire. This, after so much takeover interest.

Australia’s Crown Resorts Could Collapse Under Money Laundering Allegations