Tag Archives: Sanford c Bernstein
China – Wynn Macau set to bloom post-COVID
Analyst Sanford C. Bernstein is predicting that Wynn Macau’s mix of VIP and mass gaming, along with its expansion at Wynn Palace in Cotai, should see it explode out of the COVID-19 slowdown. It has highlighted that Wynn Macau’s strength and diversity in operating efficiency should help its rebound. Sanford Bernstein analysts Vitaly Umansky, Tianjiao…
China – Bernstein says Hong Kong protests aren’t a problem for Macau
Brokerage firm Sanford C Bernstein does not believe the protests in Hong Kong are having a negative impact on Macau’s casino revenues, claiming instead ‘the protests in Hong Kong may help tourism to Macau.’ It highlighted that most VIP players fly to Macau direct with players going through Hong Kong usually from the mass gaming…
Chine – SJM risque de perdre certains de ses casinos satellites
Le courtier Sanford C Bernstein estime que le gouvernement de Macao pourrait offrir à ses partenaires satellites des licences actuellement exploitées comme casinos satellites avec l'opérateur concessionnaire SJM Holdings. Le groupe d'analyse estime qu'il y a « peu d'amélioration possible » pour SJM, qui a perdu des parts de marché au profit de casinos concurrents au cours de la dernière décennie. Il y a huit ans, cela représentait…