07/26/23 Macau casino operators shift focus to non-gaming, analysts say Macau’s gaming operators plan to invest 92 per cent of their combined capital expenditure in non-gaming over the next 10 years.
07/26/23 Macau hotel occupancy rate reaches 82 per cent in H1 Macau’s H1 hotel occupancy rate was 10.3 percentage points below pre-pandemic levels.
07/26/23 Genting Singapore rating upgraded to “Buy” CLSA has upgraded Genting Singapore’s rating following positive Q2 results from Las Vegas Sands.
07/25/23 Bloomberry’s Solaire North IR opening delayed to Q2 2024 Analysts at Morgan Stanley Asia predict the IR could generate PHP1.7bn (US$31.2m) in EBITDA in 2024.
07/25/23 Cambodia: plans to complete 400 unfinished buildings in Sihanoukville Cambodia’s Sihanoukville Administration seeks to revive 400 unfinished buildings left by Chinese investors.
07/24/23 Tabcorp backs tougher restrictions on betting ads The company says it wants to “set the benchmark for sustainability in the gaming industry.”
07/24/23 Megaworld to open Grand Westside Hotel this year Grand Westside Hotel’s first tower is scheduled to open this year and the second tower in 2024.
07/24/23 Morgan Stanley: NagaCorp likely to refinance US$470m bond According to analysts, the casino operators “planned capital expenditure is US$60m for second-half 2023 and US$20m for first-half 2024”.
07/24/23 MGTO announces events for H2 Macau will host its International Fireworks Display Contest and the 10th Global Tourism Economy Forum.
