Asian News

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

    By CI 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 CI 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 CI 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 CI on July 1, 2014

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

  • Taking aim

    By CI 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 CI 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 CI 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 CI on April 1, 2014

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

  • Show time

    By CI 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

  • Brand stand

    By CI on February 1, 2014

    Expansion at home and abroad tests the strength of Macau’s imported and home-grown casino brands