Macau Gaming: Soaring GGR Driven by Inflow of Junket Liquidity
During the 3rd week in January, the estimated average daily GGR soared to ~857 mm MOP, up 5% week-over-week and 62% year-on-year. The jump in the...
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Macau Gaming: Limited Impact from Capital Outflow Control; VIP Supported by Ample Junket Liquidity
Positive VIP Growth MomentumContrary to some sell side analysts’ commentary we are seeing limited impact from latest headline of scrutiny around...
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StubWorld - Set-Up & Unwind Extremes: AVIC, Macau Plays, Guoco, Hang Lung
This week I briefly look at: Avic International Holdings Ltd (161 HK) after 69.7%-held subsidiary (post the IPO) Shennan Circuits Co Ltd (002916...
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MGM China: Sitting at a Pregnant Entry-Level Point Right Now for Savvy Investors
Just 63 days away from its Cotai grand opening, MGM China's shares have not yet fully baked in the revenue and accretive EBITDA gains in the...
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Junket Liquidity Drives Macau Gaming Momentum; Stocks Upside Hinges upon Mass Growth
Introducing Macau GGR 2018 OutlookVIP Segment: Measured OptimismWhen we spoke to our contacts in the junket community recently on 2018 outlook, the...
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