Capacity expansion, Chinese exploration and concession extension are likely to lead to outperformance of Macau’s gaming stocks in the second half of this year after a sluggish start, according to analysis from Morgan Stanley.
The Macau economy is expected to grow by some 35 percent in 2021, following a 50 percent contraction in 2020, ratings agency Fitch Ratings indicated in a report.
Twenty-nine years ago I visited Macau for the first time. It was a consolation day trip from Hong Kong for not being able to apply and obtain a visa to enter China in less than a week when I had only four days to spend.
Despite regulatory uncertainty and a relatively high risk profile, land-based operators will be closely watching developments across the Indochina reg
China appears to be ratcheting up its campaign against corruption once again ahead of the Chinese Communist Party Congress later this year, a leading
China’s third highest ranking official Zhang Dejiang has re-emphasized the importance of Macau’s diversifying economy, adding the gaming hub has m
Macau got off to a good start in January, with GGR in the initial weeks higher than expected, though few expect any return to the stellar growth rates of the past, with China still likely to be the driving factor for casino operators. Beijing’s crackdown...
Chinese Premier Li Keqiang has reaffirmed China’s hopes to build more substantial economic and trade ties, and sound partnerships with Portuguese-sp
Macau’s economic contraction may be bottoming out as the gaming industry begins to stabilize, says the Monetary Authority of Macau in its latest qua
Macau’s Secretary for Economy and Finance said it is difficult for the government to predict the city’s gaming revenue for the second half of 2016
Emperor Entertainment, operator of the Grand Emperor Hotel in Macau, has warned that it expects profit in the year that ended in March 2016 to decreas
China’s 13th Five-year-Plan will be “good news” for Macau and Hong Kong, according to a spokesman for the Chinese People’s Political Consultat
Shares in Macau’s casino operators started the year on a black note, with all recording sharp losses after weaker-than-expected Chinese economic dat
Experts at a seminar held in Hengqin said Macau should focus on bringing in more entertainment along with supporting local SMEs, TDM Macau reported. "
As Macau tries to emulate the Las Vegas model and set itself on a path of diversification, the city’s biggest strength - its proximity to China - wi
Macau’s chief executive said the government will spare no effort in diversifying the economy during this consolidation period for the gaming industr
Macau’s unemployment rate for April to June remained stable at 1.8 percent as in the previous period, March to May. Total employment decreased sligh
The Macau government recorded a surplus of MOP25.2 billion during the first six months of the year, higher than the target budgeted by the governmen
Macau recorded a fiscal surplus of MOP25.28 billion ($3.16 billion) in the first five months of 2015, down 54.9 percent from the same period the year
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