Wednesday, August 17, 2022


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AGB launches Australia Covid-19 research study


Asia Gaming Brief is carrying out a research study of the Australian clubs and pubs to gain a better understanding of the impact of the Covid-19 pandemic and how the industry is responding to the crisis.

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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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Pagcor gross earnings to reach P61 billion: Domingo


The Philippine Amusement and Gaming Corporation (Pagcor) says it is projecting gross income to reach P61 billion (US$1.2 billion) in 2017. Pagcor chai

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Crown to focus on domestic assets, VIP coming around


Casino operator Crown Resorts says it will continue to invest significantly in its Australian properties to remain competitive with new integrated res

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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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GENS expected to see EBITDA boost in 17Q2


Property EBITDA for Genting Singapore in the second quarter of 2017 is forecast to reach S$270 million (US$198.7 million), according to estimates from

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GGR slightly slower last week: Bernstein


Gross gaming revenue in Macau in the last week was down slightly week-on-week, bringing month-to-date GGR to MOP 17.85 billion, and ADR of MOP 714 mil

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RGB eyes gaming machine sales growth in 2017


RGB International Bhd has a target to deliver around US$40 million worth of gaming machines in 2017, The Star reports. The group is planning to make d

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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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Kangwon Land to underperform in 16Q4: analysts


Korea’s only casino allowing for local entry, Kangwon Land, is likely to have underperformed in 16Q4 and will continue to do so in 2017, say Korean

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Palace EBITDA to hit $432 million in 2017: MS


Morgan Stanley has revised its 2017 EBITDA expectations for Wynn Palace to US$432 million following strong 16Q4 performance. “We expect continued ra

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Universal Entertainment expects strong end to 2016


Okada Manila parent company, Universal Entertainment Corporation has revised its forecasted net income for the fiscal year ending March 31, 2017 to JP

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Overall gaming revenues positive over next two years: analysts


Morningstar Investment Management Asia Ltd is forecasting Macau’s total market gaming revenues will reach a 14 percent year-on-year increase in 2018

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UBS lowers SG gaming revenue estimates


UBS analysts are lowering their Singapore GGR estimate by 16 to 17 percent, mainly due to weaker VIP trends. In a note on Tuesday, the brokerage said

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Positive momentum in second week of August


Macau gaming volumes have seen a marginal recovery for both VIP and mass in the first two weeks of August, said Bernstein in a note on Monday. Accordi

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Difficult to predict GGR: Leong


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

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Macau July GGR beats estimates


Macau gross gaming revenue raked in MOP 17.8 billion (US$2.2 billion) in July, a 4.5 percent decline year-on-year, according to the latest figures rel

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Bernstein lowers Sands China 16Q2 EBITDA estimates


Bernstein has lowered its EBITDA estimate for Sands China on concerns of a seasonally soft quarter. The brokerage published the note on Monday, saying

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Macau gross gaming revenue picks up: Bernstein


Traffic picked up into the summer holiday and better VIP hold rate has pushed up Macau’s ADR to MOP 614 million over the last week. In a note from B

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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