Casinos - Blind Monkey Media News

Macau Casino Stocks and Bonds Increase Value as Visitors Return

February 24, 2023Ronny Burgh

Chinese tourists returned to Macau in huge numbers after Beijing relaxed travel restrictions to the city. As a result, Macau casino stocks and bonds increased their value. Shares of Sands China, Melco International Development, and MGM China outperformed the Hong Kong market’s increase of 3.25 percent. Before the pandemic, gaming revenue accounted for most of […]

Gambling Industry Speedily Recovers Despite Coronavirus-Driven Losses

September 11, 2020David Jones

Analysts and gambling insiders projected that the gambling industry would bounce back swiftly despite the massive losses brought by the novel coronavirus pandemic. Casinos and other gambling facilities shut down in mid-March because of the lockdowns imposed to prevent the spread of the novel coronavirus. Casinos endured an enormous hit in income during the lockdowns […]