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No recovery in sight, says Invesco’s Paul Chan

2016-04-25

Macau casino stocks have had their worst week since January, and there is no recovery in sight said Invesco Ltd’s Paul Chan, Bloomberg reports. A Bl

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Wynn could see short term outperformance; Morgan Stanley

2016-01-25

Casino operator Wynn Macau could see short term outperformance ahead of the opening of the new Wynn Palace in Jun. 2016, according to Morgan Stanley.

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Sands China to benefit from paradigm shift to mass, says Bernstein

2016-01-24

Sands China is best placed to benefit from the paradigm shift from the VIP/high roller market to one driven by mass, given its strong non-gaming busin

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Macau average daily revenue sees slowdown; analysts

2016-01-18

Macau gross gaming revenue in the first 17 days of Jan. was MOP 11.1 billion (US$1.4 billion), implying average daily revenue (ADR) of MOP 564 million

Macau investors should wait for better entry, says Macquarie

2016-01-04

Investors will likely be looking for bottom-fishing opportunities in 2016, but should continue to be patient, Macquarie Research says. The temptation

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July second week revenues soft

2015-07-13

Average daily revenues for the past week were around MOP500 million to MOP600 million compared with 630MM MOP the week before, according to Wells Farg

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Global Market Advisors issues white paper on the effects of urban casino development

2015-04-13

Global Market Advisors (GMA), a leading international consulting firm to the casino gaming, lodging, and airline industries, has issued a white paper

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Galaxy 4Q14 EBITDA falls 25 percent

2015-03-19

In what has been a challenging quarter for casino operations in Macau, Galaxy Entertainment Group reported a decrease in fourth quarter EBITDA of 25 p

Genting Singapore downgraded by Morgan Stanley after weak results

2015-02-26

Morgan Stanley Research analysts have downgraded Genting Singapore’s stock rating to equal-weight after weak Q4 results. With reported adjusted EB

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SkyCity sees international growth, but clouds gather over Auckland project

2015-02-12

SkyCity Entertainment Group is optimistic about its prospects, but analyst reactions to its latest results have been lacklustre, while a major project designed to boost growth at home is facing difficulties. The company, which operates four casinos in...

Macau casinos could see revenue fall as much as 42 percent

2015-02-10

Macau’s casinos could see revenue plummet 35 to 42 percent this month compared to February last year, according to new analysis. In the first week

Macau smoking ban expected next year

2015-02-09

Macau’s casinos are expected to be completely smoke free next year, according to the Health Bureau’s tobacco prevention director. Tang Chi Ho sa

Korean gaming stocks plunge after China vows crackdown

2015-02-09

Shares in Korean gaming companies plummeted after China announced it would take a tough stance on casino operators based in the country trying to woo

SkyCity’s half year results will show mixed success

2015-02-08

SkyCity Entertainment Group’s half year results to be released on Wednesday will show a better performance in the New Zealand market, but that its

Stanley Research picks NagaCorp over declining Macau stocks

2015-02-08

Cambodian casino operator NagaCorp will continue to outperform Macau gaming stocks but profit growth fueled by VIPs could be limited and volatile, ac

No short-term gain seen from SkyCity as analysts downgrade to sell

2015-02-03

The rating on SkyCity Entertainment Group’s shares has been downgraded from hold to sell by analysts from Deutsche Bank and Craigs Investment Partn

Sterne Agee sees Macau GGR down 15 per cent in Jan

2015-01-27

Sterne Agee, in a latest assessment, reported that table–only gross gaming revenue (GGR) stood at $2.4 billion in the period through to January 25,

Ed Tracy to leave Sands China

2015-01-16

Las Vegas Sands disclosed Friday that Sands China CEO and president Edward Tracy will retire effective March 6. Tracy has served as CEO and president

Analysts bearish on Genting Singapore

2014-09-18

Genting Singapore is in analysts’ and investors’ bad books after its shares slipped 11 percent in just a month following its release of sluggish s

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