Tag Archives: Fitch

Fitch Ratings believes Macau’s gaming revenue growth will come in at a solid 13 per cent this year, down from 19 per cent in 2017, driven by 16 per cent growth in the mass market segment and 10 per cent in VIP. Fitch said that the market is about equally weighted to each of these…

Japan’s future casino industry, which should be worth between US$3bn and US$9bn a year in gross gaming revenue, won’t impact Macau but more likely integrated resorts in Russia and Korea. Analytical group Fitch has made the predictions of up to US$9bn annually depending on the number of casinos allowed. Fitch said: “We expect cannibalisation to…

Fitch Ratings consideră că turismul chinez va continua să impulsioneze piața de masă din Asia de Sud-Est, cu o creștere mare de o singură cifră prevăzută pentru Macao în 2018. Alex Bumazhny, director senior la Fitch, a declarat: „Fitch consideră că cheltuielile turistice din China sunt un factor cheie al performanței jocurilor de noroc. în Asia de Sud-Est. Vizitatorii chinezi au fost cel mai mare segment...

Fitch Ratings has revalued its predicted annual gaming revenue in Japan, forecasting that it will range between $5bn to $10bn per year, falling far short of earlier predictions from CLSA that it will generate revenues of $20bn a year. As a yard stick, Macau’s casino sector is being tipped to generate $25bn in 2017. Fitch…

Large East Coast states’ legislatures have potential to expand gaming in their respective states; however, large-scale expansions in the US face uphill battles, according to Fitch Ratings. Fitch said: “Possible expansions will have uneven credit consequences for gaming issuers, but we believe most casino operators should be able to weather competitive impacts since the expansions…