The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Waiting game continues for Macau after lacklustre 2Q results

August 9, 2021
Source: agbrief.com agbrief.com
News Snapshot:
Macau operators continue to express confidence over substantial pent-up demand, however while revenue in Las Vegas powers ahead, the world’s biggest gambling hub is slow to get back on its feet. During analyst conference calls to discuss recently released 2Q21 results, executives expressed optimism about long-term prospects for the market. However, recovery from the crisis is dragging due to Macau’s zero tolerance rates for Covid and continuing low vaccination rates. Most of the operators to have reported so far remained in the black at the EBITDA level thanks to cost cutting and operational efficiencies, but the top-line growth isn’t there...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: bank | Business | business travel | capital | cash | Casino | China | Covid-19 | crackdown | Deutsche Bank | digital | EBITDA | entertainment | Galaxy | gambling | game | holiday | Hong Kong | IT | Macau | Pandemic | police | revenue | travel

Other News:

Nuclear fusion startups seek regulatory clarity, more patient capital

July 24, 2026
livemint.com livemint.com

China targets new space-based computing network to process data born in orbit

July 24, 2026
scmp.com scmp.com

ArkBio Completes all Cohort Dosing in Australian Phase I Trial with Influenza AFC Drug AK0406

July 24, 2026
prnewswire.co.uk prnewswire.co.uk

72 Hours review – Kevin Hart drags down Netflix midlife crisis comedy

July 24, 2026
theguardian.com theguardian.com

How AI guardrails are impeding the work of offensive cybersecurity researchers

July 24, 2026
techcrunch.com techcrunch.com

Trump Issues New Double-Digit Tariffs on 60 Countries

July 24, 2026
deccanchronicle.com deccanchronicle.com

Sebi introduces fast-track process for securities transmission

July 24, 2026
economictimes.indiatimes.com economictimes.indiatimes.com

Use of Chinese AI to stop rogue OpenAI agent sparks concerns

July 24, 2026
cp24.com cp24.com

OpenAI GPT 6 Escaped Sandbox to Hack HuggingFace, Chinese Model Used to Investigate

July 24, 2026
nextbigfuture.com nextbigfuture.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.