Thursday, August 18, 2022


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Bernstein reduces GGR estimates for May


Analysts from Bernstein Research have further reduced its Macau GGR estimates for the month of May, with border and travel restrictions continuing to

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May GGR expected to be down 90 - 95%: Bernstein


Analysts at Bernstein Research expect Macau to report a 90-95 percent year-on-year fall in GGR in the month of May, as the gambling enclave continues

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Macau VIP results down 35% in 19Q4: MS


Analysts at Morgan Stanley estimate Macau’s VIP revenues to have declined 35 percent year-on-year in 19Q4, while mass and slots grew around 6 percen

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Macau GGR set for 8% growth in 2020, driven by VIP rebound


Macau gross gaming revenue could grow as much as 8 percent year-on-year in 2020, driven by VIP recovery in 20H2, and continued strength in mass. 

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Macau Q4 more challenged than expected: Nomura


Softer VIP volumes in November and tighter security measures during the Chinese President’s visit to Macau in December will weigh on Macau GGR in th

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Bernstein lowers November GGR estimates


Analysts from Bernstein have lowered their estimates for Macau’s November GGR, driven by more than a 30 percent decline in VIP volume.  In a Tue

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MS revises down 2020 estimates on VIP decline


Morgan Stanley analysts on Monday said it has revised down its 2020 Macau forecasts, due mainly to weak VIP results in the third quarter of 2019. 

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Macau ADR down in first ten days of November


The first ten days of November are off to a slow start in Macau, with month-to-date average daily revenue (ADR) down 10 percent year-on-year, accordin

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Bernstein lowers June GGR estimates on low VIP hold


Analysts from Bernstein have lowered their June GGR estimates for Macau, due mainly to low VIP hold month to date. According to the brokerage’s

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Macau GGR remains headed for 2-4 pct growth in May: Bernstein


Analysts at Bernstein have reaffirmed their Macau GGR forecast for the month of May at 2-4 percent growth, year-on-year. The estimates follow a ste

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Genting Malaysia results could be better than expected: RHB


RHB Research is optimistic over Genting Malaysia Bhd’s upcoming 19Q1 results, with expectations that the results will help dispel uncertainty over t

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Ainsworth warns FY19H2 results below initial forecast


Australian gaming machine manufacturer Ainsworth Game Technology Ltd said it expects lower than expected results in 19H1, due to intense competitive m

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Jefferies initiates coverage on Macau gaming sector, is optimistic


Tax cuts in China, credit easing and China’s migrant salary ‘hump’ will be the next drivers of Macau gaming growth, say analysts from Jefferies

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Macau industry market cap to double by 2022: MS


Analysts at Morgan Stanely expressed optimism for Macau’s gaming industry over the medium term, with expectations of a market cap doubling by end-20

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Accelerating visitation boosts mass forecast for 2019: MS


Morgan Stanley analysts have become “incrementally positive” for GGR improvement in the second half of 2019, driven by a stronger China outlook.

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Bernstein revises 2018 GGR estimates on strong mass and VIP


Macau gross gambling revenue in 18Q1 is estimated to grow 18 percent year-on-year, driven by stronger year-on-year growth in VIP vs mass, say analysts

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MGM China estimates lowered after delay announcement


Morgan Stanley analysts have revised down its estimates for MGM China after the company announced the delay of its new Cotai property, as well as high

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Bernstein raises 17Q1 expectations


Bernstein has revised its GGR estimates for the first quarter of 2017, forecasting 10 percent growth, led by 12.5 percent growth in VIP and 9 percent

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Macau to see ADR softening for remainder of month


Macau gross gaming revenue results for the week October 11-16 was worse than expected with significant slowdown following the golden week period, said

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