Search Results for: S & P Global ratings
Macau-based casino operators OK with larger debt maturities in 2025
February 2, 2024
S&P Global Ratings Inc. released a briefing stating that rated Macau casino operators anticipate better cash flow and more fav...
Asian casino parent groups could experience “leveraging impacts” in case of NY project
January 11, 2024
The parent firms of several casino brands that operate in Asia would see "leveraging impacts" if any of them are granted one of th...
Melco to be cautious in spending to reduce leverage “closer to pre-pandemic levels”
November 22, 2023
In an effort to bring its debt "closer to pre-pandemic levels," Melco Resorts & Entertainment Ltd. is expected to exercise cau...
Melco poised to navigate careful course in managing spending
November 21, 2023
S&P Global Ratings states that Melco Resorts & Entertainment Ltd., a casino operator, will control its spending carefully ...
Macao casino operators are becoming focal point in bond market
November 17, 2023
The bond market is starting to pay attention to the creditworthiness of Macao casino operators as a result of the increase in tour...
Absence of Chinese high rollers impacts APAC casino jurisdictions
October 10, 2023
According to a research by S&P Global Ratings Inc, the lack of Chinese high rollers is having an effect on casino jurisdiction...
Bye Singapore, hello Malaysia: Expats chase cheaper living costs
June 7, 2023
Lower living costs in cities such as Kuala Lumpur and Ho Chi Minh are attracting some expats away from Singapore.
Singapore –...
Junket Association Admits Macau “Unattractive” to Lure Agents Compared to Other Markets
May 19, 2023
Junket association head Kwok Chi Chung told AGB that Macau junkets are facing difficulties in luring agents, as the restrictions i...
2023 Forbes Travel Guide Bestows a Record 61 Five-Star awards on Macau Integrated Resorts
February 17, 2023
Following the recent lifting of border restrictions, Macau's integrated resorts have solidified the jurisdiction's status as a pre...
Hong Kong and Macau lead Asia-Pacific travel recovery, thanks to China’s reopening
February 10, 2023
China’s border reopening has brought green shoots of recovery in travel demand across the Asia-Pacific as international air capa...