Tag Archives: deutsche bank
- No plans to bail out Deutsche Bank: Will bitcoin save the day?
October 4, 2016
Germany is refusing to help failing lenders, which include the Deutsche Bank. Hans Michelbach, a senior lawmaker in Chancellor Angela Merkel’s conservative bloc, was quoted by Forbes saying that there is an increasing reluctance among politicians to back any financial institution that is on the verge of collapse. Among these...
- Wynn Resorts shares rally after Steve Wynn’s 1M share buy
December 14, 2015
Casino operator Wynn Resorts saw its shares soar to $69.91 at the close in New York last week after its founder, Steve Wynn, bought over one million of the company’s shares on the open market. A filing with Nasdaq suggested Wynn shelled out an estimated $63.9 million for the 1,003,977...
- Macau Tightens Belt as Gaming Revenues Fall Short of Target
July 28, 2015
Macau is considering austerity measures amidst predictions that gaming revenues will not meet the government’s target for July. The Macau Business Daily reported Secretary for Economy and Finance Lionel Leong expects the city’s gaming revenues will fall short of MOP18 billion ($2.25 billion) in July, saying “it will be necessary...
- Analysts weigh in on Melco stocks; operator announces salary hike for employees
March 24, 2015
Financial analysts from Sanford C. Bernstein issued a report earlier this week on Melco Crown Entertainment’s (MCE) new stock rating, tagging the casino operator's stocks with an outperform rating. The rating is a recommendation that the stock is expected to do slightly better than the market return. An outperform rating...
- Fitch Ratings still confident in Macau; Deutsche Bank is not
March 11, 2015
Global ratings agency Fitch Ratings is still optimistic about Macau’s long-term business, saying that things should pick up in the second half of the year. “While the recent operating declines are concerning we are encouraged by the fact that the long-term fundamentals for the higher-margin, lower-volatility mass business remain intact,”...
- 2014 G2E Asia – Day 2 Recap
May 22, 2014
Day Two of G2E Asia is complete. The number of attendees visiting the conference floor was much larger than the first day as the floor was abuzz with activity. The first session of the day continued the previous days discussions about how integrated resorts can continue to diversify their product...
iGaming Strategy & Search Think Tank Recap
January 31, 2014
Hon. Melford Nicholas: Antigua Is Open For BPO Business
October 28, 2016