Morgan Stanley cuts Macau estimates again, tips US$800 million industry EBITDA loss in FY22

Investment bank Morgan Stanley says it now expects Macau’s casino concessionaires to print an industry EBITDA loss of around US$800 ...

Only 20 of Cambodia’s 200-plus casinos operational in 1H22 as tax revenue plummets

by Newsdesk

13/07/2022

The Commercial Gambling Committee of Cambodia (CGCC) has revealed that state tax revenue from the industry reached just 8% of ...

Manila to drop all capacity restrictions from 1 March

PAGCOR issues new guidelines governing suitability of junket operators

by Newsdesk

13/07/2022

Philippines gaming regulator PAGCOR has issued new guidelines for land-based casinos in assessing the suitability of their junket partners. Titled ...

Macau a ghost town as casinos follow closure order

by Pierce Chan

11/07/2022

The Macau government announced on Saturday that all industrial and commercial establishments in Macau, including casinos, will be closed for ...

Analysts turn cold on Macau gaming stocks with material GGR improvement no longer expected in 2022

by Ben Blaschke

11/07/2022

Industry analysts have warned against accumulating Macau casino stocks after once again revising down their estimates for the months ahead ...

Tag: casinos