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Moody changes Scientific Games outlook to stable
Ratings agency Moody’s Investor Service on Friday affirmed Scientific Games’ B3 Corporate Family Racing, B3-PD Probability of Default Rating and changed its outlook from negative to stable.
Macau to recover faster than Vegas: Fitch
Macau is likely to recover faster than Las Vegas from the impact of Covid-19, but the trajectory remains opaque, Fitch Ratings said.
Cost savings may offset tax hikes for Genting: Fitch
Genting is likely to see a decline of around 8 percent to 9 percent in group earnings before interest, tax, depreciation, amortization and rent/restructuring costs (EBITDAR) as a result of the Malaysian government’s decision to hike taxes in this year’s budget, though potential cost savings may offset the impact on the group’s financial profile, Fitch Ratings says.
Fitch gives Macau ‘AA-’ rating, says outlook stable
Fitch Ratings has affirmed Macau’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'AA-' with a Stable Outlook, according to a recent release...
Crown, Echo stable against weakening economy and expansion: Fitch
Fitch Ratings says the credit profiles of Australia's two largest listed casinos - Crown Resorts Limited and Echo Entertainment - continue to be stable...
Fitch says gaming outlook in Singapore and Malaysia stable
Fitch Ratings stated that the outlook for the gaming industry in Singapore and Malaysia continues to be stable.
This is despite declining visitor arrivals in...
S&P rates Studio City BB- and “stable”
Standard & Poor's Ratings Services said that its rating and outlook on Studio City Co. Ltd. is BB- and “stable” due to the resort...
Melco Crown wins Forbes awards for Altira and Crown
Melco Crown Entertainment’s Altira Macau and Crown Towers casinos have once again received the Forbes Travel Guide Five-Star Awards, taking the total to eight,...