Location: Asia
CreditSights predicts Macau GGR will exceed government forecast in 2025
Macau’s gross gaming revenue is seen growing by 8% to MOP$245 billion (US$30.5 billion) in 2025, representing more modest GGR growth than... more
Konami eying greater share of Macau slots market in 2025
Japanese gaming supplier Konami has its eyes on Macau, with the company confident it is now positioned to gain a larger share of the city’s... more
Outlook for Las Vegas Strip earnings reports: “Less bad than expected”
Bank of America Securities’ analyst Shaun Kelley released a note to investors, indicating that when fourth-quarter earnings reports for Las... more
J.P. Morgan lowers Las Vegas Sands price target, reaffirms Buy rating
J.P. Morgan has lowered its price target by $1 to $61 for Las Vegas Sands Corporation. Sands continues to rate as a Buy as the company is... more
Macquarie: Beijing’s support of Macau could help gaming industry outperform growth consensus in 2025
Macquarie analysts have described market consensus of Macau gaming’s growth prospects for the year ahead as “too bearish”, arguing recent... more
Moody’s says Philippines still faces money-laundering threats even after ban on POGOs
The Philippines still faces a money laundering risk even after the recent ban on the offshore POGO industry came into effect this month,... more
JP Morgan: Fourth-quarter results season will be positive for Macau names
Macau’s concessionaires printed their best combined gaming revenue result in 20 quarters in the December 2024 quarter, but a sector-wide... more
MGM China seen hitting US$250 million in adjusted EBITDA in fourth quarter
MGM China should report Adjusted EBITDA of around HK$2 billion (US$250 million) for the December 2024 quarter, representing a 5%... more
Thai Cabinet approves draft bill on entertainment complexes
A draft law that will if passed legalise casino gaming across the country has been approved by Thailand’s Cabinet and will now be sent to... more
ANALYSIS: Sale of Crown Aspinalls London by Crown Resorts to Wynn Resorts makes sense for both parties
The author is CEO of CDC Gaming’s parent company Complete Media Group. News broke [Friday] of the sale of Crown London (the former... more
