Praveen Choudhary

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    China’s VIPs are once again driving gross gambling revenue across the region, with the Philippines tipped as being one of the best-placed jurisdictions to take a slice of the high-roller pie.

    Macau stock rally seen losing steam

    Macau’s gaming stocks have rebounded to trade at two-year highs, tracking the recovery in gross gaming revenue, however analysts warn against over optimism, saying growth may be nearing its peak, at least in the short term.

    Macau not target of China policies, but recovery timing unclear

    China has no intention of killing the goose that lays the golden egg and the fallout from its anti-corruption campaign, which has sent GGR down for the past 11 months, is collateral damage rather than a deliberate attempt to harm business in Macau. This was the message from panelists at the G2E Asia show this week, although most agree prospects for a short-term rebound are slim. 

    Macau’s table cap: Does it matter anymore?

    Will the new supply coming to the Cotai resort district set Macau back on the road to growth and if it does will operators be allocated enough tables to make the new multi-billion dollar resorts profitable? They are billion-dollar questions with no ready answer as operators and investors adjust to an adverse political climate in China and the chilly “new normal” this has imposed on the world’s largest casino market.

    Trade war creates headwinds for Macau gaming stocks

    Macau gaming stocks are feeling the heat from the trade war between the U.S. and China, falling to their lowest levels in a year, with some analysts cutting their growth forecasts on concern for a slowdown in China’s economy.