Tag Archives: morgan stanley
- Philippine casino GGR to bounce back in July, analysts say
July 10, 2017
Gross gaming revenues of Philippine casinos will bounce back in July following the June 2 Resorts World Manila rampage that left 38 people, including the gunman, dead. In a note issued on Saturday, brokerage Morgan Stanley Asia Ltd. pointed out that the tragic incident in RWM will only have a...
- Kangwon Land outlook revised amid South Korea political crisis
March 20, 2017
International credit-debt watcher Morgan Stanley has downgraded its outlook on South Korea’s Kangwon Land casino amid political turmoil in the country. In its latest report, Morgan Stanley pointed out that South Korea’s sole locals-only casino took a beating due to the political crisis that resulted to the impeachment of President...
- Macau’s future bright in 2017: Morgan Stanley
December 29, 2016
New casino openings and better infrastructure in Macau is driving investment bank Morgan Stanley's optimism on the former Portuguese enclave's future. The South China Morning Post reported that the brokerage firm has raised its for Macau Gross gaming revenue (GGR) growth in 2017 to 10 percent in 2017 from its previous...
- Morgan Stanley: Japan casino bill unlikely to pass this year
November 15, 2016
Almost everyone has caught the optimism bug on the passage of Japan casino bill. All except international brokerage firm Morgan Stanley. The investment bank said in its Monday’s note that it doesn’t see the Japanese lawmakers passing a bill that will legalize casino in the East Asian nation despite gaining...
- Morgan Stanley predicts a positive 3Q Macau EBITDA
October 17, 2016
American investment bank Morgan Stanley has painted a rosy picture for Macau casino operators’ earnings for the third quarter. In a note it released on Friday, Morgan Stanley predicted that Macau casino operators’ collective earnings before interest, taxation, amortization, and depreciation (EBITDA) may have risen 5 percent year-on-year and 7...
- Market Analysts play party-pooper in “risky” Macau casino stocks rally
July 29, 2016
Don’t pop the champagne corks just yet. Market analysts have cautioned investors from riding the short-term rallies seen in the shares of Macau’s casinos in the past few days, warning that the sector remains to be a risky bet. South China Morning Post reported that global investment bank Morgan Stanley has...
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Execs to take on blockchain at iGaming Asia Congress 2017
March 21, 2017