Archive

_2021-03-17
Shares in India's only listed casino group, Delta Corp, surged 8 percent on Wednesday to a 14-month high amidst optimism for the prospects of the gaming sector in the country.

_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. 

_2020-12-15
Casino stocks are rallying in anticipation of a strong year in 2021, as Covid-19 comes under control and people resume visiting, CNBC stock picker Jim Cramer says.

_2020-03-13
Asia’s gaming stocks have been pummelled by the outbreak of the coronavirus, but with signs China may be bringing the disease under control, is it nearing the time to re-enter the market?

_2017-05-17
While the Macau market still has plenty more to give, operators are starting to look elsewhere for future growth potential 

_2017-04-26
Macau’s gaming stocks have rebounded to trade at two-year highs, tracking the recovery in gross gaming revenue, however analysts warn against over optimism, saying growth may be nearing its peak, at least in the short term.

_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

_2016-07-04
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

_2016-06-27
Wynn Macau stock has already outperformed year to date ahead of the opening of Wynn Palace, said Morgan Stanley analysts in a note on Tuesday. “Hist

_2016-01-14
Wynn Resorts has said it expects a drop of about 25 percent in its Macau revenue in Q4, though a stronger performance in Las Vegas will help to offset

_2016-01-04
Investors will likely be looking for bottom-fishing opportunities in 2016, but should continue to be patient, Macquarie Research says. The temptation

_2015-11-04
The anticipated high rollers entering the Philippines will still mainly come from Southeast Asia, not China, news website Rappler reports. "Our high r

_2015-10-18
Melco Crown Entertainment unveiled its Studio City Event Center to over 8,500 employees last week at three staff rallies.  The rally was officiated b