Archive

_2016-05-24
Ratings agency Moody's Investors Service has downgraded Macau's issuer rating to Aa3 from Aa2 on Wednesday, with a negative outlook given a protracted

_2016-03-13
Moody's Investors Service says it will be reviewing Macau’s Aa2 government issuer rating, with the view to lower it due to declining gaming revenues

_2015-11-30
The addition of eight new casinos planned to open over the next three years in the US Northeast corridor will increase competition among operators in

_2015-11-01
Moody's Investors Service said that Crown Resorts Limited's announcement that it has acquired a 20 percent interest in the international restaurant an

_2015-07-14
The outlook for the US gaming industry has been changed to stable from negative, Moody's Investors Service says in a new report. The outlook was chang

_2015-07-05
Macau retains a strong credit rating due its robust growth, large fiscal surpluses and the absence of debt, though its reliance on gaming is a credit

_2015-05-06
Moody's Investors Service says that the continued decline in Macau gaming revenue is “credit negative” for rated gaming companies. Following Macau

_2015-01-13
The decline in gross gambling revenue in Macau is seen as a negative to the credit rating of the government as the gaming industry comprises nearly h