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Shares in Crown Resorts slipped for a second day as analysts begin to mull the impact of the potential loss of a casino license at the company’s flagship property in Melbourne.
The steep fall in the shares of Hong Kong-listed Nagacorp present a good buying opportunity for investors, according to Seeking Alpha.
Tabcorp's lotteries and Keno division may be worth between $9.4 billion and $12.4 billion, dwarfing the value of its wagering and media division, which is seen as facing multiple headwinds, according to analysts at J.P. Morgan.
Australia's Aquis Entertainment said it knows of no particular reason why it's share price surged on Thursday on heavy volumes.
Winning a license to operate an integrated resort in Yokohama could add as much as S$0.34 ($0.26) in value to Genting Singapore's share price, however considerable uncertainties remain about the investment, Nomura wrote in a research note.
Stock in Genting Malaysia ended the day five percent lower on Wednesday after the country reported a record spike in Covid cases, triggering calls for a stricter lockdown.
Shares in Genting Malaysia closed down 3.8 percent on Tuesday after the government unexpectedly imposed a nationwide movement control order until June 7th.
Blackstone is unlikely to win approval from Crown Resorts’ board or shareholders with its current A$11.85 bid, J.P. Morgan analysts wrote in a note.
DFNN saw its share prices soar last week following its announcement of securing a license from the PAGCOR to operate an online gaming platform.
Shares in casino operators across Asia rose on Tuesday following news that Pfizer has produced a vaccine that is 90 percent reliable, though analysts say that easing of travel restrictions are needed for a more sustainable rally.
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