It’s unlikely that Japan’s Universal Entertainment will take over Genting Malaysia’s stalled theme park project, as it would likely cause cannibalization from their sister resort in Singapore, Maybank said in a note.
With multiple new destinations opening up over the coming years, Asia’s casino space will have a very different feel in the 2020s. Of course, new
Overinvestment in Philippines’ gaming industry is likely to end up in oversupply, says Bloomberry owner Enrique Razon Jr. in an interview with Reute
The opening of Okada Manila hasn’t cannibalized the gaming revenues of Manila’s integrated resorts, with GGR rising 20 percent, 28 percent and 13
While a number of analysts have made observations on the impact of new properties, Wells Fargo says it’s too early to make any definitive calls. “
Ask many mainland Chinese what their dream travel destination is and the answer is unlikely to be Macau. According to a survey by CLSA, Macau came bottom out of a list of 21 destinations, with Europe, the U.S. and Australia topping the list. So, could...
The opening of the Parisian Macau will not cannibalize the firm’s existing Macau properties, said Wilfred Wong, president and chief operating office
Wynn Palace’s cannibalization of its Peninsula casino’s premium mass and VIP businesses is underestimated, said brokerage Morgan Stanley in a note
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