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Tag: Stocks

2021-02-17
China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.

2021-01-15
Major cruise lines have been pushing back their planned dates to resume sailing as the Covid-19 pandemic drags, helping to dampen a fourth-quarter rally in stocks.

2021-01-13
Lower operating costs and a better business mix are likely to have helped the bottom line of Macau’s operators in the fourth quarter, despite continued low revenues, Morgan Stanley says.

2021-01-08
Capacity expansion, Chinese exploration and concession extension are likely to lead to outperformance of Macau’s gaming stocks in the second half of this year after a sluggish start, according to analysis from Morgan Stanley. 

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. 

2020-03-09
South Korea’s gaming companies have all seen their stock prices hammered by the Covid-19 crisis, though with varying intensity. Paradise Co. was

2019-10-14
A senior Chinese official says a proposal for a yuan-denominated “Nasdaq” in Macau has been submitted to Beijing, local media reports.

2019-08-20
Travellers International Hotel Group began its tender offer to public shareholders on Monday, with the aim of delisting from the Philippine Stock Exchange.

2016-12-15
Crown Resorts’ decision to halve its stake in its Melco Crown Entertainment venture is not a call on the Macau market, but rather a decision to refo

2016-10-16
Macau’s casino shares saw a dip in price after it was announced that Chinese authorities detained 18 employees of Crown Resorts for suspected “gam

2016-08-02
Analysts are advising investors to wait for more evidence of a sustained gaming upturn before buying Macau casino stocks, Bloomberg reports. Pictet As

2016-07-27
Analysts have warned against over-enthusiasm for Macau casinos, after short-term rallies were observed in the sector. Morgan Stanley’s Praveen Choud

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