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Moody’s gives Genting Baa1 rating

After completing a periodic review of Genting Bhd, ratings agency Moody’s Investor Services has given the casino operator a rating of Baa1, reflecting excellent...

Bernstein raises target price for LVS, Sands China

Macau casino operator Sands China will remain as the mass market and non-gaming leader in Macau for at least the next five years, according...

Fitch assigns ‘A-’ rating to Resorts World Las Vegas debt notes

Fitch Ratings has assigned a final rating of ‘A-’ to the loan facilities and notes of Resorts World Las Vegas LLC, the company building...

Genting prices notes to finance Resorts World Las Vegas

Genting Bhd said its wholly owned Resorts World Las Vegas unit had priced an offering of $1 billion senior notes, which will be used...

RHB maintains ‘buy’ call on Genting

Malaysian brokerage RHB Research on Wednesday announced it is maintaining its “buy” call on Genting Singapore, due to its potential Japan expansion and its...

US-China trade war likely to flare up again in 2019: Fitch

While the US-China trade war truce will ease external pressures on China’s economy, there remains a considerable risk for trade tensions to escalate again...

Wynn Macau correction overdone: Bernstein

While sentiments over China’s economic slowdown and decelerating GGR growth has led to a sector-wide sell-off, Bernstein analysts believe the correction to Wynn Macau...

Fitch affirms Genting Bhd, Genting Singapore rating at A- stable

Fitch Ratings announced this week that it has given Malaysia-listed Genting Bhd a long term foreign issuer default rating (IDR) of ‘A-’, a rating...

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...

GGR optimism upgrades Macau’s rating to AA

Fitch Ratings on Tuesday announced it has upgraded Macau’s long-term foreign-currency issuer default rating (IDR) to AA from AA-. “The Macao authorities have demonstrated a...

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