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GGRAsia – Galaxy Macau floor revamp can aid GGR market share: GS
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下午察：王兴诗兴大发折射美团困局？
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起底极狐阿尔法S，难怪华为情有独钟
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Privately-held casino junket business Suncity Group has “so far” only seen its rolling chip volume recover to “approximately 20 percent of pre Covid-19 levels in Macau,” says a Monday memo from Goldman Sachs (Asia) LLC.
The note, by Hong Kong-based analysts Simon Cheung, Alpha Wang, and Carrie Jiang, was issued after the institution held a ‘Gaming and Conglomerates Corporate Day’ on Friday.
The Goldman Sachs team stated, referring to comments it attributed to a Hong Kong-listed entity associated with the Suncity brand, namely Suncity Group Holdings Ltd: “Suncity commented that the pace of VIP recovery has so far been behind expectation. In response to the soft market conditions, it has decided to close down VIP rooms in Australia, [South] Korea and selective [ones] in Macau, i.e., Parisian [Macao].” The latter property is operated by Sands China Ltd.