Tag Archives: international monetary fund
- IMF raises Macau 2017 outlook
February 17, 2017
The International Monetary Fund (IMF) has raised its economic growth forecast for Macau in 2017 despite a still fragile gambling industry. In its 53-page report released on Wednesday, the international monetary lender has revised its outlook for Macau's growth upwards, from 0.2 percent to 2.8 percent on the back of...
- Investing The Hard Way: Why the World Is Coming To An End (Maybe)
July 30, 2012
In last week's column I noted the effect that global economic worries have on gambling stocks. For the most part, gambling stocks will outperform the total stock market during times of economic optimism; and fall further when other stocks are tumbling. (This past week proved an exception; despite strength in...
No, Las Vegas Sands is not buying Wynn Resorts
March 17, 2017
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Sheldon Adelson pitches Rio mayor on $8b casino
May 11, 2017