Thursday, July 07, 2022


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Sihanoukville rental prices plummet, aims to turn into a second Shenzhen


Sihanoukville, a coastal town in Cambodia that has become known as a hub for Chinese investment, has seen it house rental prices fall dramatically fol

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SJM valuation discount presents opportunity, but upside limited


SJM Holdings will likely continue to trade at a valuation discount compared to its intrinsic value and that of the other Macau operators, but Bernstei

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Positive news in Hong Kong raises Macau stocks


Macau casino stocks saw a small increase following an announcement from Hong Kong’s leader that the contentious extradition bill would be withdrawn.

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Delta Corp Q3 results healthy, but share price slips 2 pct


India’s largest casino operator, Delta Corp saw its share price slip 2 percent, despite posting robust profit and revenue growth in 18Q3. Profit

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Macau stocks to be weighed by weak Q3 earnings: MS


While Macau’s casinos benefited from strong visitation during Golden Week, Morgan Stanley analysts warn that weak third-quarter earnings and cuts in

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Playwin responds to GST roll-out in kind


One of India’s leading private lottery distributors, Playwin, has announced a 30 percent hike in its lottery prices, following the imposition of the

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Macau casino stocks fall on renewal scare


Stock prices of Macau’s six gaming operators took a hit following reports from Chinese-language media on Wednesday implying that all of Macau’s ga

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Star Entertainment share price drop overdone


The slump in Star Entertainment Group’s share price following the Chinese arrests of Crown Resort’s employees was overdone, according to analysts.

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Korean stocks reliant on Chinese tourists take hit


South Korean stocks tied to Chinese tourism slumped after concerns that local governments in mainland China are trying to limit the flow of visitors t

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Macau casino rally over-hyped: analysts


Analysts are advising investors to wait for more evidence of a sustained gaming upturn before buying Macau casino stocks, Bloomberg reports. Pictet As

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Palace and Parisian to drive market share to Cotai: MS


The opening of Wynn Palace and Sands’ Parisian is expected to drive a faster market share shift from Peninsula to Cotai, say Morgan Stanley analysts

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Macau gaming stocks to see mid-year rally: analysts


Macau’s gaming stocks may see a mid-year rally, said Deutsche Bank’s Asian gaming analyst, Karen Tang in a note over the weekend. “Since peaking

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Las Vegas Sands boss says more discounting of Macau rooms to come


Las Vegas Sands president and chief operating officer Robert Goldstein believes room rates may fall when several new properties come on line in Macau

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