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Pressure mounts on Caesars despite solid financial results

2019-02-25

The release of unexpectedly positive financial results on February 21 did nothing to calm speculation around the future of Caesars Entertainment, as t

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U.S. casino operators will continue to rely on Asia growth

2018-11-21

At least three of four of the major U.S. casino operators will continue to rely on Macau as their growth engine over the next five years, said Bernste

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Melco facing near term headwinds, but undervalued

2018-09-18

While Melco has been experiencing weaker than expected ramp up at City of Dreams and Studio City, Bernstein analysts believe the stock to be undervalu

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Near term headwinds to limit investor appetite: Bernstein

2018-08-13

Investor concerns over decelerating growth, the Chinese economy, and the escalation of US-China trade tensions will likely create headwinds for GGR in

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Wynn and Melco top picks for 2018: Bernstein

2018-01-11

Outsized VIP gains and premium mass strength saw Wynn, Melco and Galaxy “significantly” outperform its Macau peers, according to Bernstein analyst

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Melco PH unit doubles capital stock

2017-06-27

Melco Resorts and Entertainment (Philippines) Corp, operator of City of Dreams Manila, is doubling its authorized capital stock, according to a filing

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Macau casino stocks fall on renewal scare

2017-05-18

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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Macau has potential to underperform in 17Q2: MS

2017-04-23

Weaker GGR seasonality, wage inflation and the delay in MGM Cotai could lead to potential underperformance of Macau’s gaming stocks in 17Q2, said Mo

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Casino stocks on two year high

2017-04-11

Shares of Macau casino operators are at their highest in almost two years, Bloomberg reports. The BI Macau/China Gaming Market Competitive Peers gauge

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Star Entertainment share price drop overdone

2016-10-24

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

2016-10-24

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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Market underestimating Wynn Palace potential: MS

2016-10-24

While Wynn Palace’s opening missed expectations, the market may be underestimating its long-term potential, said Morgan Stanley in a note on Sunday.

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Delta Corp stock hits all time high

2016-08-30

India’s largest and only listed casino operator, Delta Corp, saw its stocks hit a record high of Rs 155 following the posting of its 16Q1 results, l

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Indian capital markets regulator to look into stock gambling

2016-08-28

Indian capital markets regulator SEBI will looking into companies offering online games and contests dealing with stocks, currencies and commodities t

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Bloomberry removed from SE Asian index

2016-08-24

Philippine lender Security Bank Corp has removed Bloomberry Resort Corp from the Southeast Asian nation’s stock market index, says the Philippine St

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Wynn Resorts downgraded from Buy to Neutral: UBS

2016-07-19

UBS has downgraded Wynn Resorts from Buy to Neutral, as it was already nearing its target stock price, and will likely face difficulty in decreasing l

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SkyCity, Tabcorp and Star Entertainment top picks this season

2016-07-19

SkyCity is likely to deliver a “positive surprise” this results season, while Crown and Ainsworth are likely to underwhelm, said CLSA in a note on

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Louis XIII holdings announces name change

2016-04-27

Louis XIII Holdings Ltd. has announced it has changed its English name to “The 13 Holdings Ltd.”, with effect from May 3, 2016. In a filing to the

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Genting Singapore should outperform; says Bernstein

2016-02-04

Genting Singapore stocks are expected to outperform due to a stabilizing Singapore gaming market, strong cash flow generation and a resumption of siza

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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