Saturday, August 13, 2022


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Bernstein raises target price for LVS, Sands China


Macau casino operator Sands China will remain as the mass market and non-gaming leader in Macau for at least the next five years, according to a note

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Fitch assigns ‘A-’ rating to Resorts World Las Vegas debt notes


Fitch Ratings has assigned a final rating of ‘A-’ to the loan facilities and notes of Resorts World Las Vegas LLC, the company building a $4 billi

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RHB maintains ‘buy’ call on Genting


Malaysian brokerage RHB Research on Wednesday announced it is maintaining its “buy” call on Genting Singapore, due to its potential Japan expansio

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US-China trade war likely to flare up again in 2019: Fitch


While the US-China trade war truce will ease external pressures on China’s economy, there remains a considerable risk for trade tensions to escalate

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Wynn Macau correction overdone: Bernstein


While sentiments over China’s economic slowdown and decelerating GGR growth has led to a sector-wide sell-off, Bernstein analysts believe the correc

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Moody’s downgrades China credit rating


Moody’s Investor Service downgraded China’s credit rating on Wednesday from Aa3 to A1, saying it expects an erosion in the financial strength of t

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Fitch maintains Macau AA- rating


Fitch Ratings is expecting Macau’s GDP to grow 2.5 percent in 2017, supported by improving gaming revenues from new resort openings. In a note on Mo

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Fitch not yet rating IPI unsecured notes


Fitch Ratings says it has not assigned a rating to Imperial Pacific International Holdings Limited's issuance of its US$70 million 8.5 percent per ann

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Fitch assigns A- rating to GOHL debt notes


Fitch Ratings has assigned Genting Group’s GOHL Capital Ltd’s guaranteed notes a final ‘A-’ rating, local media reports. GOHL Capital Limited

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Moody’s mulls potential Imperial Pacific CFR downgrade


Imperial Pacific International Holdings Ltd., the operator of a casino in Saipan, may see a downgrade in its credit rating at Moody’s Investors Serv

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Imperial Pacific assigned B(EXP) rating: Fitch


Fitch Ratings says it expects to assign Imperial Pacific International Holdings Ltd a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘B(E

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S&P lowers outlook for Studio City bonds


Ratings agency S&P Global Ratings has lowered its outlook for Studio City Casino Macau bonds, warning the project could soon default on its loan. Acco

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Fitch reaffirms Genting ‘A-’ rating, outlook stable


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

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Sands China EBITDA to decline 10 percent in 2016: Fitch


Fitch says it projects Sands China revenues and EBITDA to decline by 7 and 10 percent respectively in 2016, according to a note from the rating agency

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Crown on Rating Watch Negative: Fitch


Fitch Ratings has placed Australia-listed Crown Resorts IDR and unsecured rating of ‘BBB” on “Rating Negative Watch” after the operator said i

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Fitch affirms ‘BB’ IDR for Wynn Resorts


Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of Wynn Resorts at ‘BB’, with a ‘Stable’ Rating Outlook, according to a press rel

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Moody’s downgrades Macau to Aa2, with negative outlook


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

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MGM China to generate $600 mil EBITDA in 2017


Fitch Ratings said it predicts MGM China to generate around $600 million of EBITDA in 2017, according to a note on Tuesday. The ratings agency said th

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Moody’s to consider downgrading Macau’s Aa2 rating


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

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