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Nerves of steel and a long-term view needed for stock investors

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?

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Korean gaming stocks hammered by Covid-19

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

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Plans submitted for Macau “Nasdaq”

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.

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Travellers begins tender offer

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.

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Looking for growth

2017-05-17

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

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Macau stock rally seen losing steam

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.

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Crown’s Melco stake sale not a call on Macau, analysts say

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

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Macau casino stocks dip following Crown staff arrests

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

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Macau casino rally over-hyped: analysts

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

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Hype driving short-term rally, warns analysts

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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Macau gaming stocks to see mid-year rally: analysts

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

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Wynn stocks rally ahead of opening: Morgan Stanley

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

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Wynn sees Q4 Macau revenue down 26 percent, Las Vegas strong

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

Macau investors should wait for better entry, says Macquarie

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

Casino stocks tumble as China macro woes add to pain

2016-01-04

Shares in Macau’s casino operators started the year on a black note, with all recording sharp losses after weaker-than-expected Chinese economic dat

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Bloomberry's Razon optimistic for 2016

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

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Studio City Event Center unveiled to over 8,500 employees

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

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Macau stocks jump on news of China supportive measures

2015-10-04

China is studying supportive measures for Macau to revive the city’s economy, and its casino industry, the Macao Daily reported on its website Frida

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Macau valuations reach new low but hope for Q4 recovery: Bloomberg

2015-10-04

Macau casino stocks' 21 percent rally in July evaporated and reversed into a 40 percent plunge to new lows by September's end, according to Bloomberg

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