Tag Archives: Nomura
- Nomura: MGM China, Wynn, and Melco are biggest Q3 winners
October 20, 2017
Japanese credit debt watcher Nomura is predicting significant gains for Macau-based casino operators MGM China Holdings Ltd, Melco Resorts and Entertainment Ltd and Wynn Macau in the third quarter of 2017. Nomura made its predictions ahead of next week’s market call when most of gaming operators release their third quarter...
- Nomura: Japan to reap $7B from two major IRs
August 7, 2017
Japan-based credit debt watcher Nomura has painted a rosy picture for the Japanese casino industry should the island nation decide to allow two major integrated resorts to operate. Nomura made a forecast in its Friday note that the Japanese casino industry could generate US$7 billion worth of gross gaming revenue...
- Nomura revises Macau 2017 GGR upward
April 3, 2017
Japanese financial giant Nomura has given the Macau casino market a vote of confidence by revising upwards its gross gaming revenue forecast of Asia’s premier gaming hub. In a note published on Thursday, Nomura estimated that Macau’s casino GGR for 2017 will now rise by 12 percent compared to the...
- City of Dreams Manila is Melco’s bright spot: Nomura
January 30, 2017
City of Dreams Manila remains one of the financial nutrients that could sustain Melco Crown Entertainment as its Macau gambling arm continues to recover. In a note last Wednesday, Japan-based credit analyst Nomura expressed optimism on City of Dream’s Manila due to the country’s resilient junket and VIP demand. The...
- Analysts predict 3% decline in Macau’s August GGR
August 9, 2016
Analysts are betting on a slow improvement in Macau’s casino gross gaming revenue (GGR) for August compared to last year’s data. Japanese banking giant Nomura predicted a 3 percent decline for Macau’s GGR in August, the smallest year-on-year contraction since February’s 0.1 percent GGR tally a year earlier. Unlike the...
- Brexit vote sends Genting Malaysia’s shares crashing
July 13, 2016
United Kingdom’s decision to leave the European Union has far-reaching ramifications. Literally. Genting Malaysia Bhd, one of the handful of Asian companies with the most UK exposure, saw its shares drop by 4.4 percent since the June 23 referendum as investors find the company’s foray into the European country’s gaming...
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016
Genting Malaysia may lose $274M on Mass. casino bet
May 23, 2017