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
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.
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
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
Investors will likely be looking for bottom-fishing opportunities in 2016, but should continue to be patient, Macquarie Research says. The temptation
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
Global Market Advisors (GMA), a leading international consulting firm to the casino gaming, lodging, and airline industries, has issued a white paper
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
Morgan Stanley Research analysts have downgraded Genting Singapore’s stock rating to equal-weight after weak Q4 results. With reported adjusted EB
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’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’s casinos are expected to be completely smoke free next year, according to the Health Bureau’s tobacco prevention director. Tang Chi Ho sa
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 Entertainment Group’s half year results to be released on Wednesday will show a better performance in the New Zealand market, but that its
Cambodian casino operator NagaCorp will continue to outperform Macau gaming stocks but profit growth fueled by VIPs could be limited and volatile, ac
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, in a latest assessment, reported that table–only gross gaming revenue (GGR) stood at $2.4 billion in the period through to January 25,
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
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