Galaxy Entertainment - Bamboo Works - China stock insights for global investors https://thebambooworks.com/tag/galaxy-entertainment/ China stock insights for global investors Mon, 20 May 2024 09:59:54 +0000 en-GB hourly 1 https://wordpress.org/?v=6.1.1 https://thebambooworks.com/wp-content/uploads/2022/12/cropped-BBW_website_icon_20221228-32x32.png Galaxy Entertainment - Bamboo Works - China stock insights for global investors https://thebambooworks.com/tag/galaxy-entertainment/ 32 32 Despite improvement, shrinking SJM runs low on luck https://thebambooworks.com/despite-improvement-shrinking-sjm-runs-low-on-luck/ Sun, 19 May 2024 23:35:31 +0000 https://thebambooworks.com/?p=32157 SJM’s prospect does not inspire confidenceThe former casino powerhouse’s revenue rose 73% in the first quarter, but it continued to lose money as it lagged many of its peers  Key Takeaways: 　 By Lau Chi Hang Former casino mogul Stanley Ho reigned supreme in Macau’s gambling industry for four decades, cashing in on his monopoly as holder of the city’s.....

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]]> Lady luck smiles on Wynn Macau with surging gaming recovery https://thebambooworks.com/lady-luck-smiles-on-wynn-macau-with-surging-gaming-recovery/ Tue, 05 Mar 2024 00:26:37 +0000 https://thebambooworks.com/?p=29320 Wynn Macau’s operating revenue surges over threefold amid gaming recoveryThe casino operator was a major beneficiary of the city’s post-pandemic rebound, and is likely to further pare its debt load amid a sustained recovery this year Key Takeways:       By Ken Lo China’s re-opening in 2023 juiced up the gambling industry in the historic city of Macau, where gross gaming revenue surged to 183.1.....

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]]> As high rollers stay home, Sands China bets on mass market to fill the gap https://thebambooworks.com/as-high-rollers-stay-home-sands-china-bets-on-mass-market-to-fill-the-gap/ Tue, 27 Feb 2024 01:36:36 +0000 https://thebambooworks.com/?p=28923 Sands China pinning hope on the Mass market to fill the gapThe casino giant’s revenue quadrupled last year on a strong post-Covid tourism rebound, as it returned to the black with a $690 million annual profit Key Takeaways:       By Li Shi Ta  The tourist haven of Macau kicked off the Year of Dragon with a roar, as sites like its signature St. Paul’s Cathedral teemed.....

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