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Tags: 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…

Kina – SJM riskerar att förlora några av sina satellitkasinon

Mäklarhuset Sanford C Bernstein tror att Macaos regering skulle kunna erbjuda licenser som för närvarande utnyttjas som satellitkasinon med koncessionshavaren SJM Holdings till sina satellitpartners. Analysgruppen anser att det är "liten förbättring möjlig" för SJM, som har tappat marknadsandelar till konkurrerande kasinon under det senaste decenniet. För åtta år sedan stod det...