Location: Asia
Analyst optimistic on Las Vegas second-quarter earnings
Wall Street analyst David Katz has “more bullish expectations” for second-quarter earnings, based on strength in Las Vegas, as Jefferies... more
MGM positioned for attractive returns on investment, analyst says
J.P. Morgan analyst Joseph Greff, in a midnight investor note, called the risk/reward scenario on MGM Resorts International stock... more
Fewer than 500 Evolution employees now expected to strike in Georgia
Evolution anticipates that fewer than 500 employees from its Georgia operations will strike on Friday (12 July), following unsuccessful... more
Analyst: Wynn Resorts looks solid for second quarter
Ahead of the release of Wynn Resorts’s second-quarter earnings, Deutsche Bank is trimming its forecasts for Wynn Macau, while raising its... more
PAGCOR to ban POGO hubs in latest effort to clean up Philippines offshore gaming industry
Philippine gaming regulator PAGCOR will ban POGO hubs as part of its efforts to clean up the nation’s controversial offshore gaming... more
Philippine Senate orders arrest of mayor with alleged ties to illegal gambling
The Philippine Senate on Wednesday ordered police to arrest a local mayor with alleged links to illegal gaming operators after she failed... more
Macau gaming tax take up 8.9% to $967 million in June
The Macau SAR government recorded revenue from gaming tax of MOP$7.78 billion (US$967 million) in June, up 8.9% compared with May’s gaming... more
Analyst: Lower market share in Macau will impact Las Vegas Sands’s second quarter
As Las Vegas Sands Corp. prepares to unveil second-quarter earnings in mid-July, a Deutsche Bank analyst says a lower market share in Macau... more
Evolution Gaming faces Georgia strike over poor working conditions
Evolution Gaming faces scrutiny in Georgia related to the working environment of its office and live gaming studio in Tbilisi. Georgian... more
Analyst: Macau’s temporary down swing not unexpected
Macau’s gambling revenue is on a downward trend in early July, wrote Jefferies Equity Research analyst Andrew Lee. Mass-market gambling is... more
