Macau’s six operators have just finalized another earnings round, with the figures badly affected by Covid travel restrictions in 3Q21. Despite predictions that the quarter would be a washout, Morningstar analyst Jennifer Song tells us they weren’t as bad as she had expected.
In this week’s Face-to-Face interview she tells us about the highlights from the results and discusses the tone of senior management on the accompanying analyst conference calls and expresses confidence there is still significant pent-up demand.