Archive

_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.

_2021-01-05
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. 

_2020-09-23
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.