Fitch: Macau recovery to help concessionaires reduce debt but deleveraging to take some time

Macau’s mass GGR reached 70% of pre-COVID levels in March, aided by further China reopening: analysts

Ratings agency Fitch described on Thursday as “constrained” the likelihood of any further upside potential to the ratings of Macau’s ...

NagaCorp confirms full gaming operations now up and running at NagaWorld

NagaCorp confident of meeting financial obligations as Cambodian IR NagaWorld shows improvement in VIP gaming segments

by Ben Blaschke

04/10/2023

Hong Kong-listed NagaCorp says it remains confident of discharging all financial obligations when its outstanding senior notes mature in July ...

Star Entertainment Group to inject AU$1.2 billion via equity raising and new debt

by Ben Blaschke

26/09/2023

Australia’s Star Entertainment Group has announced a comprehensive refinancing and further capital structure initiatives as part of its ongoing efforts ...

Morgan Stanley: Macau concessionaires can reduce net debt to pre-COVID levels in three years

by Ben Blaschke

15/09/2023

The combined net debt of Macau’s concessionaires could be reduced back to pre-COVID levels in three years, with the pace ...

Levo Chan now largest single Macau Legend shareholder as David Chow sells down stake

Macau Legend focused on Macau Fisherman’s Wharf upgrades but US$23 million loss in 1H23 means debt concerns remain

by Ben Blaschke

31/08/2023

Macau satellite casino operator Macau Legend says it will continue with efforts to upgrade dining and entertainment offerings at its ...

Tag: debt