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Typhoon Mangkhut Was a Passing Worry for Investors in Macau Casino Companies

The powerful typhoon that lashed Macau last month had a serious impact on the territory's casino industry, sending gaming revenues down 17% from August, and causing analysts to rethink their full-year ... read more

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Typhoon Mangkhut Was a Passing Worry for Investors in Macau Casino Companies Visit site read more

Macau clamps down on use of UnionPay cards to dodge currency controls

Industry estimates put the monthly withdrawal volume at HK$ 10 billion ($1.27 billion) from ATMs in Macau prior to the introduction of the facial recognition technology. Only banks, the Postal Savings ... read more

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Hong Kong stocks unsettled by Macau’s June revenue miss

Macau’s casino revenue growth missed estimates in June as Chinese ... China’s bond-connect program with Hong Kong, which gives offshore investors another way to access the mainland’s debt market, star... read more


50 Strangest Town Names in America (and Where They Came From)

In the 1930s, a couple named Bert and Zulis Bell ran a store in Bell County, in the Texas Hill Country, between Killeen and Florence. (It is now officially within the city of Killeen.) The county wasn ... read more

Is Bitcoin worth buying at $6,000?

... Fool More from The Motley Fool 3 Reasons You Shouldn’t Worry About Wednesday’s 832-Point Drop in the Dow Typhoon Mangkhut Was a Passing Worry for Investors in Macau Casino Companies 4 Smart Social ... read more

Macau Gaming Investors Should Keep Seatbelts Fastened, Credit Suisse Warns

MGM)’s Q4 2016 opening would be meaningfully negative for the two companies. “Measured supply growth in Macau could allow for less market cannibalization near-term, operators to refine business models ... read more

Wynn: Next Leg Up Coming, Get Ready For A Knockout Q4

September GGR largely withstood havoc inflicted by Typhoon ... all gaming companies: EV/EBITDA: 17.41 Total Debt at end of 2016: $10.13b. It's clearly a heavy load but Wynn has the cash flow profile t... read more

NagaCorp sees 5-7% gaming tax in Cambodia

The gaming firm’s chairman, Timothy McNally, was quoted as saying that Cambodia is likely to approve and pass a gambling bill in the current quarter. The bill is right now in the drafting stage. NagaC... read more

More than 6,000 families hit in Dubai’s biggest scam

A ticker on their website, meanwhile, tries to calm jittery investors: It’s reproduced here verbatim: “We Humble request to our valuable customers, the Legal Processing is going on, all problems will ... read more

Views on China | Hong Kong’s a lush country garden for China developers

Don’t worry, China’s innovative real estate developers ... As I’ve written, the two companies now deserve investment-grade ratings, at least according to the Bloomberg risk calculator. Before 2015, th... read more

Hedge Fund Holder Says Countrywide Selling Too Cheap (CFC, BAC)

Depending on various factors…. the Reporting Persons may in the future take such actions with respect to their investment in the Issuer……." In short, SRM is saying that Countrywide is selling itself t... read more



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