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Industry
January 29, 2021
Analysts Forecast $15 Billion iGaming Market by 2025
Gambling businesses have been partnering up with media groups to keep up with customer demand. Analysts expect the market to reach $15 billion by 2025. $30 Billion by 2030? As more and more gambling businesses partner up with media groups, Wall Street analysts said they expect the US gambling and betting industry to grow quickly […]
Industry
January 11, 2021
Macau Gaming Stocks to Gain in 2H21 Due to Concession Extension, New Hotel Room Supply
Gaming stocks in Macau have lost momentum due to the pandemic, but Morgan Stanley analysts expect a rise in late 2021 – early 2022 boosted by three key areas. Revenue in 2021 to Reach 65% of Pre-Pandemic Levels The current price of Macau gaming stocks has dropped significantly, аnalysts at investment bank Morgan Stanley point […]
Casino
December 13, 2020
Morgan Stanley Expects Macau to Extend Concessions
Morgan Stanley expects the Macau Government to grant extensions to 2025 for its concessionaries due to the economic effects of the COVID-19 pandemic. Analysts Expect Extension Morgan Stanley analysts believe that the Government of Macau will likely drop its initial plans to hold an open tender for gaming licenses before June 2022. Instead, the country […]