Wednesday, June 29, 2022


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Sihanoukville rental prices plummet, aims to turn into a second Shenzhen


Sihanoukville, a coastal town in Cambodia that has become known as a hub for Chinese investment, has seen it house rental prices fall dramatically fol

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Bloomberry growth expected in 2019, despite competition: MS


Bloomberry Resorts is expected to see an eleven percent rise in gaming revenue in 2019,  driven by strong Chinese visitation and junket expansion in

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Crown reportedly hires Goldman defence after Wynn approach


Australia’s Crown Resorts has reportedly hired investment bank Goldman Sachs as a defence advisor after being approached by Wynn Resorts as a possib

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


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


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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Crown proposes IPO of Australian properties


Australia-listed Crown Resorts is planning to implement a potential IPO of a 49 percent interest in some of its Australian hotels and associated retai

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Macau gaming stocks to see mid-year rally: analysts


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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Crown Resorts to split off international assets


Australian casino operator Crown Resorts Ltd has announced it is considering setting up a new listed company to host some of its domestic assets to se

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Iao Kun Group rolling chip turnover down 36 percent in April


Macau junket investor Iao Kun Group said rolling chip turnover plunged 36 percent year on year in April. The junket operator reported rolling chip tur

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