Can Macau Casinos Reach Pre-Pandemic Levels?

Angela Han Lee, Senior Equity Analyst, Bloomberg Intelligence

19-Jan-23 07:30

Can Macau Casinos Reach Pre-Pandemic Levels?

Pause
Embed

Since late November 2022, share prices of Wynn Macau, MGM China Holdings and Sands China have risen sharply due to the award of new licenses to the city’s existing casinos. This outperformance continued with China reopening its borders on January 8. But can the gaming industry reach pre-pandemic levels this year and what casino stocks should investors be focusing on - VIP or Mass? For insights, we speak to Angela Han Lee, Senior Equity Analyst, Bloomberg Intelligence.

Image credit: Shutterstock

Produced by: Chong Tjen San

Presented by: Chong Tjen San, Wong Shou Ning

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy, international, markets

Tags: market forecast, casinos, macau, china reopening, gaming industry,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Co-founders of WonderBrew, Joseph Poh (CEO) and Loke Boon Eng (COO) join us to share their story of transforming a hipster health drink into a mainstream Malaysian beverage.

12:00 PM

Just For Kicks

(REPEAT) The pundits gather around again to discuss English clubs' poor performances in Europe, as well as look ahead to match week 30 of the EPL!

1:00 PM

A Bit of Culture

(REPEAT) Kam and his two guests, Ahmad Yazid and Na'a Murad sit together to talk about life changing events, climbing Mount Everest and James Bond reboot.

2:00 PM

Ringgit & Sense

(REPEAT) Harvindar Singh, Managing Partner of Harvey & Associates talks about individual tax reliefs and tips for filing one's taxes.

2:30 PM

The Property Show

(REPEAT) Sebastian Beltran Cuevas of Verdant Solar explains the costs, savings, and risks of rooftop solar for homeowners.

3:00 PM

Best of The Bigger Picture

(REPEAT) Do you want to be strong or look swole? Do these two always go hand-in-hand? We dive into what building strength means and why it matters for everyone.

4:00 PM

Best of Evening Edition

(REPEAT) The Charm in Malaysia’s Old Flats

5:00 PM

BBC World Service

Tony Juniper, an environmentalist who has worn many hats over the course of his career, speaks to Professor Jim Al-Khalili about his enduring love for nature and hopes for the future.

PROGRAMMES