Asian News

  • Investors throw in the towel on Macau, move to Singapore

    By Casino International on December 1, 2014

    Analysts have thrown in the towel and admitted that 2014 is lost. Wells Fargo lists 23 upcoming events which will disrupt the gaming industry, warning clients Macau is no longer a cash cow until mid-2015. Morgan Stanley says investments should move to a more stable Singapore 

  • US$1.5 billion in revenues up in smoke until mid-2015

    By Casino International on November 1, 2014

    The smoking ban on mass floors will slash Macau gaming operators’ profits by US$212 million this quarter and US$780 million up to the summer of 2015, says Morgan Stanley. 
    But the real impact of the measure still divides investors with the market adopting a ‘wait and see’ attitude.

  • Economic Omelette

    By Casino International on October 1, 2014

    Despite the 10.2 percent growth in gross gaming revenues posted during the first seven months of the year, June’s slowdown has left some apprehensive. In a territory that prides itself on having one of the world’s highest revenues ‘per capita’ – but where high rents, manpower shortages and non-existent economic diversification are a reality – is there reason for alarm?

  • Keep your powder dry

    By Casino International on September 1, 2014

    Even after losing a record 25 percent since January, gaming stocks still generated a return of 45 percent to investors in the last 12 months. It was one of the world’s best performances and on a par with Internet media giants. Betting on MGM or Wynn was more profitable than investing in Apple. With the new openings in Cotai, shares are likely to skyrocket … again

  • Northern Exposure

    By Casino International on July 1, 2014

    Macau and Hong Kong junket operators have been overtaken by their mainland competitors

  • Taking aim

    By Casino International on July 1, 2014

    Galaxy Entertainment adds training to its arsenal ahead of the battle for workers to staff Cotai’s casino-resorts

  • The time of Sands

    By Casino International on June 1, 2014

    The first casino to open in Macau after the liberalisation of the gaming market, Sands Macao is 10 years old

  • Half done?

    By Casino International on May 1, 2014

    Vietnam’s first integrated resort has one of two planned hotel towers open and high weekend occupancy, but a murky outlook for further 

  • Palace coup

    By Casino International on April 1, 2014

    SJM Holdings prepares to transplant its Lisboa brand to Cotai for a MOP-30billion price tag

  • Show time

    By Casino International on March 1, 2014

    New arenas will boost Macau’s bid to widen its appeal as a tourist destination, but finding audiences may prove challenging