Home analysts' forecasts
Hong Leong Investment Bank Research has added its voice to analysts predicting a strong longer-term comeback for Genting Malaysia, upping its rating from a "hold" to a "buy."
Empire Resorts must secure financing at attractive rates soon if it is to turn profitable and avoid the need for a further capital injection from Genting, Nomura said in a research note.
The Cambodian government is seeking to establish a travel bubble with China, Japan and South Korea, which would boost international tourism and further aid NagaCorp’s recovery, Union Gaming says.
October proved to be another disappointing month for Macau’s gross gambling revenue, despite the annual Golden Week holiday, with analysts once again cutting their estimates for the year.
Australia’s casinos are expected to be forced to close their doors later this week, prompting analysts at JP Morgan to slash their earnings forecasts for the operators.