Whilst global luxury sales fell as much as 20 percent in 2020, China's luxury market bucked the trend, growing a whopping 50 percent in the same year to around CNY356 billion (US$55.2 billion), according to reports.
Genting Berhad’s Resorts World Las Vegas could offer long-term growth prospects for the company, but will incur losses in the first two years before turning a modest profit in its third year, according to analysts from UOB Kay Hian Research.
Content aggregator Solid Gaming has signed a deal to distribute Playgon’s proprietary Live Dealer games and E-table games to their customers on the Asian markets. Solid Gaming’s strategy is to provide a game for every one which is why they work with the best game providers to distribute unique and exclusive content to their partners.
Universal Entertainment's proposal to tap $140 - $150 million from a note issue will not improve its credit rating due to ongoing uncertainty over its liquidity and cash flow generation, Fitch Ratings said.