Tag Archives: fitch ratings
- Tougher-than-expected UK restrictions to affect Ladbrokes, William Hill: Fitch
March 23, 2017
International credit-debt watcher Fitch Ratings sounded the alarm about dark clouds looming over the horizon of British bookmakers Ladbrokes Coral and William Hill. Fitch warned that the United Kingdom may likely impose tougher-than-expected betting restrictions on in-store gaming machines in the next few months, following the completion of its triennial...
- Singapore casinos to have a “roughly flat” 2017 revenues – Fitch
February 3, 2017
“Weak” VIP segment will continue to plague the Singapore casino market this year, according to international credit debt watcher Fitch Ratings Inc. Unlike in other gaming markets, Fitch is less optimistic about Singapore and expects its two casino resorts to be roughly flat at US$4 billion in 2017 compared to...
- Fitch downgrades Imperial Pacific’s credit rating
January 12, 2017
Credit-debt watcher Fitch Ratings, Inc. has sounded alarm bells over the possibility that Saipan casino operator Imperial Pacific will default on its loans. In a statement issued on Wednesday, Fitch announced that it has downgraded the credit rating of Imperial Pacific to ‘CCC’ by Fitch Ratings Inc, from the ‘B...
- Las Vegas is global gaming market’s bright spot – Fitch
September 22, 2016
Las Vegas continues to lead the global gaming market, outpacing both the U.S. regional gaming markets and Macau. In its latest global report on the casino industry, credit debt watcher Fitch Ratings Inc., has dubbed the Las Vegas Strip as a “bright spot” in a gloomy global gaming backdrop. Despite...
- Macau gaming revenue to bounce to 2014 levels in nine years – Fitch
September 15, 2016
It will take almost a decade for Macau to achieve the same gross gaming revenue (GGR) it posted in 2014, according to credit debt watcher Fitch Ratings. Assuming that the former Portuguese enclave will post 5 to 6 percent growth, Fitch predicted that it will take nine years for Macau...
- Fitch: Closure of 4 Atlantic City casinos imminent if new ones open up in North NJ
June 3, 2016
Credit debt watcher Fitch Ratings warned that at least least four Atlantic City casinos could be forced to shut its operations if new casinos are built in the northern New Jersey. The warning of Fitch came just a week after Resorts Casino Hotel president Mark Giannantonio made a bleak forecast...
New Jersey sells bonds to fund AC casino tax appeals
September 22, 2017
Atlantic City casino revenues down 2.7 percent
August 15, 2017