Philippine President Rodrigo Duterte has ordered a moratorium on new casinos in the country in order to stop the growth of the market.
NagaCorp reported an 85 per cent raise in GGR during 2017, as well as a 25 per cent increase in earnings.
According to brokerage Sanford C. Bernstein, February’s GGR in Macau is set to grow between 16 and 19 per cent year-on-year.
Japan’s IR bill could face some headwind as opinions within the Komeito party remain divided and some politicians might vote against it.
Gross gaming revenue in Macau grew 36.4 per cent in January to €2.58 billion, its highest year-on-year improvement since 2014.