Search Results for: S & P Global ratings
Genting winning in Macau may cloud its recovery: S&P Global Ratings
September 21, 2022
Genting bid for a Macau gaming license could shift the group’s focus to debt-funded growth from deleveraging if it gets the gami...
S&P Global notes “strong recovery” in Macau’s mass gambling market
January 11, 2024
A "strong recovery" in Macau's mass gaming industry is highlighted by S&P Global Ratings, which feels that this would help the...
Light & Wonder anticipated to reduce EBITDA leverage this year until 2024
November 23, 2023
Global gaming supplier Light & Wonder is anticipated to significantly reduce its EBITDA leverage to 3.7x this year and further...
Melco Resorts Rating Upgraded Due to Macau’s Fast Recovery: S&P
May 17, 2023
Melco Resorts & Entertainment‘s credit rating has been upgraded by S&P Global from “negative” to “stable” due to...
According to S&P, MGM Japan Casino Spend Could Be $2.5B
January 20, 2023
S&P Global Ratings estimates that MGM Resorts International will contribute $2 billion to $2.5 billion in capital to the much ...
Macau will still remain the ‘best game in town’ for mainland punters – Fitch Ratings analyst
October 5, 2022
Despite the risk of future outbreaks, the Macau SAR should regain its position as Macau the largest gaming market in the world in ...
S&P downgrades LVS, Sands China to junk on Macau woes
February 18, 2022
S&P Global Ratings has downgraded its credit ratings for casino operator Las Vegas Sands Corp ands its Macau unit, Sands Chin...
Macau 2022 GGR at 40pct 2019 level at best: S&P Global
February 10, 2022
Macau casino gross gaming revenue (GGR) for 2022 is likely only to be “30 percent to 40 percent” of the 2019 levels seen befo...
Resorts World New York City regains position as highest-grossing commercial property outside of Nevada
February 22, 2024
The Resorts World New York City casino, owned by the Genting Group, regained its position as the highest-grossing commercial prope...
Fitch adjusts forecast on dividend payments for Sands China
February 5, 2024
Fitch Ratings Inc. has revised its dividend payment prediction for Macau casino operator Sands China Ltd., forecasting a restart i...