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TRENDING ARTICLES

Lower spending tourism dominating in Macau: Bernstein

Macau's gross gambling revenue in the week to May 23 was up 12 percent from the prior week, but was still 6 percent lower than April, with the lower end tourism market comprising the majority of arrivals, according to Bernstein Research.

Interblock eyes convergence as market challenges persist

Interblock says it’s still seeing challenging times across Asia, with the ongoing travel restrictions forcing jurisdictions to extract as much value as possible from local markets. The company welcomes the Philippines’ lead in allowing local IRs to begin accepting online bets and says this may be a new area of opportunity. 
Macau, tourism, stimulus package

Macau latest week GGR down 24% from prior: Bernstein

Macau's gross gambling revenue in the second week of June was down 24 percent from the prior week and off 51 percent from May due to ongoing restrictions in neighbouring Guangdong on new Covid outbreaks, according to Bernstein Research.
genting-singapore

Genting Spore rating still buy at Nomura as Yokohama not factored in

Nomura Research said it's retaining its "buy" rating, target and earnings forecasts for Genting Singapore despite potential negative news on Yokohama, as it had not factored  potential upside from a Japanese license win into its calculations.

Reef Casino Trust sees $6m distribution after strong H1

Australia's Reef Casino Trust said it expects to distribute $6 million, or A$12.05 cents a share, to unit holders after strong trading in the first five months of the year.