Tag Archives: morgan stanley
- VIP sector to fuel Macau gambling rebound: Morgan Stanley
August 29, 2017
The VIP sector will be Macau’s silver lining after Typhoon Hato’s onslaught. Economists at Morgan Stanley Research are predicting a sharp rebound in Macau’s gross gaming revenue this week thanks to the VIP sector’s firepower. Typhoon Hato pummeled its way to mainland China last week, causing a massive disruption in...
- Morgan Stanley: Philippine casino cannibalization not a concern for now
August 18, 2017
Investors who bet on the Philippine casino industry may heave a sigh of relief after the “cannibals” failed to show up following the recent opening of Okada Manila. Analysts from Morgan Stanley downplayed possible cannibalization of the Philippine casino market due to a new supply of venue space as the...
- 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...
New Japan law recognizes bitcoin as method of payment
March 31, 2017
Bitcoin catches attention of American Airlines, AT&T
August 9, 2017
Weakening Japanese yen could lead to bitcoin price surge
April 25, 2017
bitFlyer rolls out Visa-powered Bitcoin prepaid card in Japan
October 10, 2017