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SkyCity’s development program holds significant risk: Analyst

A leading New Zealand broker has given the thumbs up to SkyCity Entertainment’s development program but noted that the company will struggle to earn...

Macau’s December starting weaker than expected

The upcoming visit by Chinese President Xi Jinping and tighter visa controls starting from November is having a stronger effect on Macau GGR than...

September GGR in line with reduced analyst expectations

Macau GGR rose 0.6 percent year-on-year to MOP22.1 billion in September, in-line with analysts’ revised expectations for the month.  Average daily revenue for the month...

SJM valuation discount presents opportunity, but upside limited

SJM Holdings will likely continue to trade at a valuation discount compared to its intrinsic value and that of the other Macau operators, but...

Wynn Macau sell-off overdone: Bernstein

While Wynn Macau has a higher exposure to VIP than its peers in Macau, investors are neglecting the company’s strong position in the fast-growing...

Genting Malaysia theme park opening soon

Resorts World Genting may be opening its outdoor theme park earlier than expected, according to analysts from Maybank IB Research on Wednesday. According to the...

Casino tax hike not as bad as expected, say analysts

Shares in Genting Bhd and Genting Malaysia rebounded sharply upwards following the release of their 2019 first-quarter earnings, showing the impact of the casino...

Bernstein expects 2-4 percent GGR growth in May

Analysts from Bernstein are expecting single-digit year-on-year GGR growth for the month of May, boosted by higher Chinese traffic during the Labor Day break....

Bernstein revises down January GGR estimates

Continued impact of the smoking ban, a recent crackdown on POS terminals, and a visitation slowdown ahead of CNY has pressured GGR over the...

IGT 17Q1 results lower than expected

Interactive and lottery giant IGT reported lower than expected results for the first quarter of 2017, due in part to underperformance of its international...

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