Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries.It services the needs of individuals, institutions, corporates and governments through our three business divisions: Retail, Asset Management, and Wholesale
Genting Malaysia has clear catalysts for further growth, though investors are likely waiting for further clarity on the opening of its 20th Century Fox theme park before buying the shares, Nomura said in a research note.
Stable growth in Macau’s visitor numbers, and improving infrastructure will boost casino operators earnings this year, according to a research from Nomura, SCMP reports. New transportation options, including the Hong Kong-Macau-Zhuhai bridge, the Light Rail Transit, and new long-haul flights will help ferry tourists into the city – which is now starting to rely more […]
Gambling revenue in Macau is poised to rise 7 percent in 2017 led by mass market players, according to analysts surveyed by Bloomberg. In November, visitor numbers from South Korea, Japan and the U.S. went up, offsetting the decline in mainland Chinese tourist arrivals. “There are definitely more reasons to come to Macau now versus […]
Asia’s gaming stocks have been pummelled by the outbreak of the coronavirus, but with signs China may be bringing the disease under control, is it nearing the time to re-enter the market?
A more than $1 billion legal dispute with Walt Disney Co. and Fox Entertainment over a planned theme park is capping off a roller coaster of a year for Genting Malaysia, with analysts slashing their forecasts for the group.
As China’s outbound tourism market continues to balloon, a growing number of destinations are easing visa requirements to woo the mainland traveller, with casinos in those countries likely to be among the key beneficiaries. With research suggesting that most Chinese overseas tourists will visit a casino, relaxed visa restrictions could be a key driver for GGR.
On an overcast morning in Cambodia's capital, Phnom Penh, the country's flagship casino looks less familiar than it did a year ago as construction obscures the entire front entrance. NagaWorld, which began as a boat moored on the Mekong River 20 years ago, is undergoing a major revamp, which is expected to help accelerate growth at one of the brightest spots in Asia’s casino industry.