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2016
Silver lining for gambling industry amidst global clouds
Political and economic uncertainty prevail as we enter 2016, but that’s not necessarily a bad thing for the global gaming industry. In fact it may be one of the few bright spots on the global investment stage in 2016 and 2017.
Betfair – Paddy Power merger on course for 16Q1
The merger between Paddy Power and Betfair is all set to be completed early next year, according to Betfair CEO Breon Corcoran.
During the exchange...
Louis XIII luxury hotel to launch mid 2016
Louis XIII Holdings Ltd said in a filing that its exclusive luxury casino hotel in Macau is on schedule to launch in the middle...
VIP business not expected to rebound next year says Sands
Sands China’s management believes the VIP business is structurally challenging and does not expect a strong rebound next year, Citi Research said following an...
Bloomberry’s Razon optimistic for 2016
The anticipated high rollers entering the Philippines will still mainly come from Southeast Asia, not China, news website Rappler reports.
"Our high rollers in the...
Macau GGR results in August still a disappointment, growth in 2016 unrealistic: DB
Despite Macau’s gross gaming revenue results beating expectations, August’s overall result was disappointing with growth in 2016 seeming “unrealistic,” according to Deutsche Bank analysts.
Gaming...
VIP growth seen resuming in 2016 if anti-corruption drive abates
Analysts at Sanford Bernstein predict that once the impact from China’s anti-corruption drive and economic effects have been absorbed by Macau’s gaming industry, the...
Macau economy to grow again in 2016: EIU
The Economist Intelligence Unit has predicted Macau’s economy will start growing again in 2016, with real growth of 5.3 percent, according to the latest...
UBS lowers its 2015/16 Macau outlook
UBS said it expects further downside revisions to Macau’s gross gaming revenues amid continued pressure on high-roller gaming due to uncertainty over junket regulations...