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Macau visitor spending down 93.3% in Q3
Spending by visitors to Macau in the third quarter of this year, excluding expenses on casino gambling, went down by 93.3 percent from the same period last year, according to data from the Council for the Development of Tourism.
Macau Q1 tourism spending falls
Macau tourist spending fell by 70.4 percent year-on-year in the first quarter of 2020, due mainly to a sharp decline in visitors in the...
Non-gaming spending by Macau visitors declined 11.8 percent in 19Q4
The Information from the Statistics and Census Service (DSEC) has reported that total non-gaming spending by visitors in the fourth quarter of 2019 dropped...
SGR downgraded on soft consumer outlook: JP Morgan
A soft domestic outlook and potentially weak consumer sentiment over the next few months will subdue Star Entertainment Group’s earnings in their Sydney and...
Caesars evaluating spend in Korea project: CFO
Caesars Entertainment Corp CFO Eric Hession said the company is “currently evaluating” its spend for its Korea IR project, named “Caesars Korea”.
Hession made the...
Singapore visitor spending loses pace with arrivals
Despite an increase in international arrivals to Singapore, visitor spending dipped 1.3 percent in 19Q2, according to figures from the Singapore Tourism Board.
During the...
Star Entertainment profit hit by fall in VIP spending
Australian casino operator Star Entertainment Group posted an 8.4 percent annual drop in profit, amid a fall in VIP gaming revenue.
On Friday, the group...
Q1 visitors increase but spending down
Despite increasing its international visitors in Q1, Singapore’s tourism spending fell 4.8 percent year-on-year in the first quarter of 2019, according to data from...
Vietnam bolsters nighttime economy
Prime Minister Nguyen Xuan Phuc has ordered the government to find ways to develop more nighttime activities and increase tourist spend, local media reports.
Nguyen...
Visitor non-gaming spend jumps 15.2 pct in 18Q3: DSEC
Macau saw a 15.2 percent rise in visitor non-gaming spend during the third quarter of 2018, led by a per-capita increase in shopping spend....