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Sector Focus
Singapore's 2019 gaming industry to suffer spillover effects of VIP weakness: Fitch
SINGAPORE (Nov 27): Fitch Ratings has identified Singapore to be among the markets vulnerable to weakness from China's VIP gamblers, resulting in a flat VIP segment next year.
November 27, 2018
Terror strikes Las Vegas as high-rise gunman kills 59
(Oct 3): The rapid-fire popping sounded like firecrackers at first, and many in the crowd of 22,000 country music fans didn't understand what was happening when the band stopped playing and singer Jason Aldean bolted off the stage.
October 03, 2017
Broker's Calls
Cityneon’s strong earnings momentum to sustain in 2H: CIMB
SINGAPORE (Aug 16): CIMB Research is maintaining its “add” recommendation on Cityneon with a target price of $1.27 with no changes to its earnings forecasts.
August 16, 2017
Macau casinos face growing bad debts as VIP punters step back
MACAU (May 18): Casinos in Macau face a growing volume of bad debt provisions, further hitting earnings in the world's largest gambling hub at a time when high-roller VIP punters are backing off.
May 18, 2016