Tag Archives: Fitch

Fitch Ratings a déclaré que la décision de la Chine de ralentir la réouverture de ses frontières limiterait le tourisme international dans la région Asie-Pacifique et entraverait le rebond de l'industrie des casinos. Les analystes de Fitch, George Xu et Stephen Schwartz, ont déclaré : « Les voyages internationaux restent modérés dans la région APAC alors que les restrictions aux frontières sont réimposées dans le contexte de la variante Omicron COVID-19….

A new report by Fitch Ratings believes that recent rulings against Crown Resorts being a suitable operator in New South Wales as well as ongoing financial investigations against gaming operators mark the start of an era of much tighter scrutiny on how casinos operate. Fitch said: “We expect compliance costs for gaming operators to climb…

Casinos on the Las Vegas Strip will take longer than most to rebound from the effects of COVID-19 due to their dependence on tourism, exhibitions and conferences, according to Fitch Ratings Service, who believes the effects of the pandemic will still prevalent in Las Vegas in 2024. It believes that its four year path to…

L'agence de notation Fitch estime que l'opérateur australien Crown Resorts sera en mesure de faire face à un démarrage lent des activités de son casino VIP Crown Sydney VIP de 2.2 milliards de dollars australiens à Barangaroo, dont l'ouverture est prévue en décembre 2020. « Fitch estime que Crown a montré son engagement à maintenir son équilibre. -la solidité de la tôle en sautant un rapport final, malgré son fixe…

Fitch ratings agency has said Crown Resorts, operator of Crown casinos in Melbourne, Victoria and Perth in Australia, has ‘manageable covenant risk and available liquidity to meet operating expenses over the duration of the shutdowns.’ “Crown Resorts’ low net debt position at December 31 2019 and highly variable cost structure provides the Australian gaming operator…

Ratings agency Fitch believes that Japan’s first three integrated resorts will generate GGR of over US$10bn, matching revenues generated by Las Vegas Sands’ Marina Bay Sands in Singapore. Fitch has previously pitched its GGR prediction at US$7bn per IR per year. It warned however that the limit of ten years on the licences before they…

Macau’s casinos have recorded their worst dip in form for nearly three years with April’s revenue dropping by 8.3 per cent to 23.6bn patacas ($2.9bn). The biggest year-on-year drop since June 2016 was blamed on a standoffish VIP market due to the falling value of the yuan and the continuing trade fall out between China…

Large scale, premium-oriented casino resorts opening throughout the Asian Pacific region in the next five years will create winners and losers in global gaming, according to Fitch Ratings. The investments and potential oversaturation of the premium market is a longer-term credit risk that operators with mass-market and geographic diversification may be better positioned than others…

Fitch Ratings believes that several Asian casino sectors will be vulnerable to the slowing Chinese economy over the next year with growth prospects pitched in the ‘mid-single-digits’ in 2019. The ratings agnecy expects this ‘Chinese-related VIP weakness to spill over’ into other markets including Singapore, Australia and Las Vegas. It warned that ratings in the…