July Tourism &Â Macro Data Suggest Coach Q1 FY17 Will Disappoint
Coach Inc (COH US) fell another -2.3% today in the US after an analyst downgrade, and the stock is down -14.4% since reporting unexciting Q4 FY16...
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Fewer New Tables Offset by Transferring Tables and Efficiency Gains
We plan to reduce our forecast for the total number of tables at Wynn Macau's Palace casino to 150 from 250.We expect this lower number to be...
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If You Build It, They Will Come: Macau Will Rise Again, but Amid Near-Term Growing Pains
Macau's carrying capacity, which is currently constrained because of crowding, will begin to expand in 2018 as key infrastructure projects start to...
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Macau Junkets: Short-Term Pain, Long-Term Gain
We returned from a field trip to Macau with a few takeaways. The government is planning to increase entry barriers by tightening regulations on the...
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Galaxy's Largest Undeveloped Cotai Land Bank Boosts Its Growth Prospects in the Next Decade.
Galaxy Entertainment, one of six casino licence holders in Macau, benefits from latent Chinese demand for gaming, underpinned by our forecast of a...
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