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Amazon Prime to spend $1.8 billion on 67 regular season NBA games
CNBC Television· 2025-10-21 20:10
more. All right, if that doesn't get you fired up, I don't know what the problem is. The NBA is back and for the first time in more than 20 years, it is back on NBC.A new season tipping off tonight on the network in Peacock. Couple of great games, by the way. CNBC sports reporter Alex Sherman is here with more on how the league's playbook is changing.I mean, the players are different. Obviously, I'm ready for Michael Magic and Larry to run out after hearing that music. >> Yeah, right.The the one thing that ...
Macao is becoming more than a gambling destination. Casinos are winning big anyway
CNBC· 2025-10-09 13:58
Core Insights - Macao is evolving into a diverse entertainment hub, similar to Las Vegas, with significant investments in non-gaming amenities [3][9][10] - Las Vegas Sands is hosting NBA games in Macao, marking the league's return after a six-year absence, which underscores Macao's growing status as an entertainment destination [4][8] - Analysts project Macao's gross gaming revenue to reach $33.3 billion by 2025, reflecting a 10% year-over-year growth [8] Investment and Development - Las Vegas Sands has invested $17 billion in Macao over 21 years to enhance its entertainment capacity [5] - The Macao government has mandated primary concessionaires to invest nearly $15 billion over the next decade, with 90% allocated to non-gaming facilities [9] - MGM's recent $7 million investment in a spa and innovative attractions aims to cater to a younger, sophisticated demographic [12][13] Visitor Demographics and Trends - Visitor numbers increased by nearly 20% in the first half of 2025, reaching 19.2 million, with significant contributions from family-oriented attractions [15][13] - The demographic of visitors has shifted post-pandemic, with younger gamblers and families seeking diverse entertainment options [11][13] Economic Impact - Macao's government collected $5.6 billion in gaming taxes in the first half of 2025, indicating a 1% growth from 2024 [17] - Despite the focus on non-gaming amenities, increased visitation correlates with higher gambling revenue, as evidenced by projections for Golden Week [15][16][20]
X @The Wall Street Journal
Exclusive: NBCU is exploring launching a cable sports network to show its newly licensed NBA games and other live events in tandem with the Peacock streaming service https://t.co/I8d2wpYQnr ...