Archive

_2021-03-24
Genting Singapore Executive Chairman Tan Sri Lim Kok Thay said the outlook for the group continues to be challenging due to the Covid crisis, however, the company is excited about its expansion plans in Singapore and Japan.

_2021-03-02
IGT said it expects its revenue and operating income from continuing operations to be higher in Q1, both year-on-year and sequentially. Global lottery is likely to be up "significantly," while global gaming will be in line with Q4 as Covid restrictions...

_2021-02-09
Genting Singapore expects a lacklustre year in 2021 as visitation to Singapore is likely to remain restricted and does not see a significant improvement from the results achieved in H2, 2020, Bernstein Research noted.

_2021-01-18
SJM Holding's proposed senior note issue has been assigned a BB+ rating by Fitch, with a negative outlook due to its concentration on the Macau market and a weaker market position than its peers because of a lag in gaining Cotai exposure.

_2021-01-05
Analysts have turned more upbeat about the prospects for Malaysia’s gambling operators, despite a recent upswing in new Covid-19 cases, saying the sector is good value as stocks are still down between 15 to 26 percent on the prior year. 

_2020-11-03
Asia Gaming Brief asia editor Felix Ng explores the data coming out of the latest IMF World Economic Outlook Report, focusing on the GDP growth trajectory among Asia's key gaming jurisdictions and tourist source markets.

_2020-09-23
There is significant uncertainty about the recovery and expansion prospects of Okada Manila given the severity of the Covid-19 outbreak in the Philippines, Fitch Ratings said.

_2020-09-15
The Asian Development Bank expects the economies of the Asia region to shrink this year for the first time since the 1960s.

_2020-08-20
Star Entertainment Group said its domestic gaming revenue in July reached 80 percent of the prior calendar year and that investment in its properties will enhance long-term growth potential.

_2020-01-30
A soft domestic outlook and potentially weak consumer sentiment over the next few months will subdue Star Entertainment Group’s earnings in their Sy

_2019-09-23
NagaCorp has outperformed properties in Asia and moving forward its outlook is better than that for Macau, Singapore and the Philippines, according to Morgan Stanley Asia. 

_2017-05-24
Moody’s Investor Service on Wednesday affirmed Macau’s Aa3 issuer rating, and changed the outlook to stable from negative. According to a note fro

_2016-11-03
Casino operator Genting Singapore reported net profit almost tripled in the third quarter of 2016, owing to its focus on higher margin business and be

_2016-08-01
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

_2016-06-30
Fitch Ratings has affirmed Genting Berhad’s Long-Term Foreign-Currency Issuer Default Rating (IDR) and unsecured rating at ‘A-’, according to a

_2016-06-05
Macau’s gross gaming revenue last week was MOP 2.5 billion (US$312.5 million), implying ADR of MOP 510 million, said Bernstein in a note on Monday.

_2016-04-21
Enrique Razon Jr. has warned of an oversupply of casinos in the Manila Bay area, with two more gaming complexes scheduled to open in the next two year

_2016-03-10
Fitch Ratings has affirmed Macau’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'AA-' with a Stable Outlook, according to

_2016-01-07
Political and economic uncertainty prevail as we enter 2016, but that’s not necessarily a bad thing for the global gaming industry. In fact it may be one of the few bright spots on the global investment stage in 2016 and 2017.