Brokerage Morgan Stanley expects that Macau’s gaming industry property EBITDA will decrease by 4 percent, amounting to US$1.97 billion, from the previous quarter.

Morgan Stanley notes that Macau casinos ceasing to offer free snacks could reduce foot traffic. However, this measure is expected to have only a small impact on gross gaming revenue (GGR).

The Singapore gaming market has emerged as a shining star in Asia's post-pandemic recovery, outpacing the once-dominant Macau in key performance metrics, according to Praveen Choudhary, Managing Director of Morgan Stanley Asia Limited.

Citigroup anticipates that Macau's gross gaming revenue (GGR) for January 2024 will reach approximately MOP17.5 billion ($2.2 billion), achieving around 70 percent of the level recorded in January 2019, primarily influenced by seasonal factors.

In its latest market report, Morgan Stanley (MS) has identified investment opportunities in the Philippines gaming industry. In this comprehensive report, MS states that "the Philippines is among the most overlooked by Emerging Market investors, who have been underweight in the market for the last five years."

Macau began "a state of immediate prevention" from midnight on Saturday after the discovery of two new Covid cases, imposing travel restrictions ahead of...

Cities in Mainland China are increasing their flight capacity to Macau in another positive sign for the recovery of the city’s gross gambling revenue, according to Morgan Stanley.