Analysis: Genting aims to upend Macau casino landscape in bidding war

Analysis: Genting aims to upend Macau casino landscape in bidding war

Genting has solid chance of displacing an incumbent – analysts A Genting entry would shakeup Macau’s gaming sector – analysts Failure to diversify revenue streams makes incumbents vulnerable COVID crisis exposed incumbents’ over-reliance on gaming revenue HONG KONG, Sept 30 (Reuters) – Malaysian group Genting has emerged as a strong contender to unseat an incumbent … Read more

Gambling giant Macau opens bids from seven casinos, with one firm to lose

Gambling giant Macau opens bids from seven casinos, with one firm to lose

A woman walks past a Bank of China branch next to the Grand Lisboa hotel and casino (R) in Macau, China December 21, 2019. REUTERS/Jason Lee Register now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 16 (Reuters) – Macau’s government opens bids on Friday from seven companies, including a wildcard from Malaysian … Read more