Fitch upgrades SJM Holdings’ rating to stable due to success in Macau.
Fitch Ratings has changed its outlook for SJM Holdings from negative to stable and expects the company to achieve positive free cash flow (FCF) in 2024. The positive FCF should…
Fitch Ratings has changed its outlook for SJM Holdings from negative to stable and expects the company to achieve positive free cash flow (FCF) in 2024. The positive FCF should…
Macau reported another strong month for its gaming sector as gross monthly revenue reached MOP$18.6 billion (£1.8 billion/€2.1 billion/$2.3 billion) in December, an increase of 433% compared to the previous…
Gambling revenue in the Macau market increased 435.0% year-on-year to MOP$16.04 billion (£1.56 billion/€1.83 billion/US$2.00 billion) in November, the fourth highest monthly total so far in 2023. The figure was…
Gaming revenue in Macau totaled MOP19.50 billion (£1.99 billion/€2.29 billion/$2.42 billion) in October, the highest monthly amount since before the pandemic. The total value is 400.2% higher than Macau’s MOP…