In Macau and local casino operator Sands China Limited has reportedly announced that its gross gaming revenues from the premium-mass segment have been recovering and currently stand at around 50% of their pre-pandemic levels.
According to a report from GGRAsia, this revelation came from the Hong Kong-listed firm’s Chief Operating Officer, Grant Chum Kwan Lock, during a conference call with investors to discuss its first-quarter financial results. The source detailed that the company recorded $336 million in premium-mass gross gaming revenues for the three months to the end of March, which represented a rise of 12% quarter-on-quarter but a year-on-year decline in the region of 57%.
Distinct deviation:
Chum also reportedly disclosed that…