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Philippines GGR to grow 15% this year, driven by domestic mass: Maybank

The Philippines' gross gaming revenue is expected to grow ‘at least 15 percent’ this year, following record-breaking 2023.

Thai casinos could generate over $5B in revenue per year, says Maybank

Maybank Securities forecasts that Thai entertainment complexes (ECs) featuring casinos could yield approximately THB 187 billion ($5.14 billion) in annual revenue, equivalent to roughly 1 percent of Thailand's GDP.

Maybank trims Genting Singapore profit estimates despite optimistic outlook

Although maintaining a ‘cautiously optimistic’ outlook for Genting Singapore in 2024, Maybank cuts its EBITDA and core net profit estimates by 6 percent and 11-12 percent, respectively.

Bloomberry tipped for 23% profit surge despite GGR slowdown: Maybank

Maybank analyst cuts Bloomberry Resorts FY24 forecast due to a gaming revenue slowdown, in particular in VIP.

Visa-free policy with few impacts on Malaysia’s gaming industry: Maybank

Visa-free entry for Chinese citizens may have a negligible impact on Malaysia's gaming industry, according to a Maybank analyst.

Maybank raises Genting Berhad estimates following massive yearly profit surge in 3Q23

Investment bank Maybank has revised its earning estimates for Genting Berhad due to the strong performance posted by the group in 3Q23.

Wealthy locals drive Singapore’s mass GGR record: Maybank

The surge in housing prices was the primary driver behind Singapore's mass gross gaming revenue (GGR) surpassing pre-COVID levels, according to Samuel Yin Shao Yang, associate director at Maybank Investment Bank.

Maybank lowers Genting Malaysia’s FY24 forecast by 4 percent due to service tax rate hike

Maybank has lowered Genting Malaysia's earnings estimate for fiscal 2024 and 2025 by 4 and 5 percent, respectively, due to a two percentage point service tax rate hike in the country.

Singapore’s massive money laundering scandal leaves VIP market unscathed: Maybank

An analyst at Maybank states that there is no discernible impact on the VIP market after Singapore seized a massive money laundering case.

Bloomberry Resorts’ earnings forecasts raised by 23 percent this year after 1H strength: Maybank

Maybank has announced a 23 percent increase in its FY23 earnings forecasts for the Philippines gaming operator, Bloomberry Resorts.