Friday, January 22, 2021
Home credit rating

credit rating

Genting Singapore expansion to have modest effect on leverage: Fitch

Genting Singapore’s S$4.5 billion plan to expand its non-gaming attractions will only have a modest impact on its leverage and earnings and therefore its credit rating remains unchanged, Fitch Ratings said in a report.

Fitch affirms Macau’s AA rating

Fitch Ratings has affirmed Macau’s credit rating at “AA” with a stable outlook, citing the territory’s “exceptionally strong public and external finances, combined with a demonstrated commitment to fiscal prudence during periods of both gaming windfalls and negative revenue shocks.”

Okada Manila has strong potential, though risks remain: Fitch

Fitch Ratings assigned Universal Entertainment Corporation a “Long-Term Foreign-Currency Issuer Default Rating of 'B+' with a Stable Outlook” after providing a modestly optimistic assessment of the firm, especially its Okada Manila IR in the Philippines.

Moody’s gives Macau govt Aa3 stable credit rating

Moody’s Investors Service has given the Government of Macao an “Aa3 stable” credit profile, which it says reflects the absence of government debt and...

No credit upgrades seen for Macau operators in 2018: S&P

The credit profile of Macau’s casinos operators is likely to improve in 2018, though upgrades are not likely to be on the cards due...

Moody’s affirms Macau’s Aa3 issuer rating

Moody’s Investor Service on Wednesday affirmed Macau’s Aa3 issuer rating, and changed the outlook to stable from negative. According to a note from the ratings...

Melco/Crown divorce won’t hit ratings, not dilutive

Melco Resorts & Entertainment’s final termination of its links with former joint venture partner Crown Resorts won’t have any impact on the group’s credit...
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.