Macau satellite casinos have been a prominent feature of the region’s gaming landscape, injecting vibrant competition into the Macau gaming industry.Despite recent concerns about potential closures, the Monetary Authority of Macau has alleviated fears regarding satellite casino loans, reassuring stakeholders that these debts remain a minimal risk to financial stability.
Month: May 2025
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SkyCity Earnings Forecast Faces Downward Revision
SkyCity earnings forecast has recently taken a hit, with the SkyCity Entertainment Group announcing a downward revision of its projected earnings for the 2025 financial year.The company anticipates that its group EBITDA will be about 4% lower than its previously stated guidance, which ranged between NZ$225 million ($133.3 million) and NZ$245 million ($145 million).