- Fitch Ratings projects Macau revenue will be flat for 2014 and fall 1% in 2015 as traffic trends remain pressured.
- A smoking ban in Macau casinos and a continued crackdown on corruption could be drags on revenue growth.
- The ratings agency says 2H of 2015 should see some pickup as new projects from Galaxy Entertainment and Melco Crown come online and the weak VIP trends from this year are lapped.
- Macau-related stocks: MPEL, MGM, WYNN, LVS, OTCPK:GXYEF, OTCPK:SJMHF.
Fitch Ratings weighs in on Macau
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Symbol | Last Price | % Chg |
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MLCO | - | - |
Melco Resorts & Entertainment Limited |