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) Fong Min Hun, Co-founder of Lit Books, joins us to share the story of how they run their independent book store.

12:00 PM

Popcorn Culture

(REPEAT) We review the first four episodes of Vince Gilligan’s sci-fi thriller Pluribus.

1:00 PM

Cruise Control

(REPEAT) Daniel Fernandez shares what he saw at the Guangzhou Auto Show 2025!

2:00 PM

Matt-Splained

(REPEAT) Matt and Rich explore a world where technology is "good enough."

3:00 PM

Earth Matters

(REPEAT) A festive Nature Reads episode, with all three Sunda Shelves founders sharing their favourite nature books and thoughtful Christmas gift picks.

4:00 PM

Bar None

(REPEAT) John Beasley, the Technical Director of the Malaysian National Cycling Federation joins us again ahead of the SEA Games to talk about our cyclists' preparations for the tournament.

5:00 PM

BBC World Service

To tip or not to tip - That's the question that this episode of The Food Chain will be unpacking.

PROGRAMMES