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Macau VIP Revenue Increasing As Anti-Corruption Drive Slows Down

Gaming experts have often citied the vigorous anti-corruption drive by Chinese authorities as the key reason for the over two-year long slump experienced by Macau’s casino industry as it impacted visitations, especially from VIP gamblers. A report by brokerage firm Sanford C. Bernstein Ltd has sought to numerically examine the linkages between Chinese government action…

Political Unrest To Impact Kangwon Land’s 2017 Revenue

Kangwon Land, the only South Korean casino that allows locals to gamble is performing below expectations according analysts from brokerage firm Morgan Stanley. In a recent report, analysts have said that the casino is currently operating at 2014 levels, much below their 2017 expectations for the casino. Kangwon Land is a publicly listed company that’s…