S&P to Downgrade Melco Resorts’ Credit

S&P Global Ratings, an American credit rating agency, may soon downgrade the credit of Melco Resorts & Entertainment and its Studio City. The reason for this is S&P’s doubts that…

Credit Suisse: Macau Recovery Slower than Previously Estimated

Macau, the former global gambling Mecca, is facing a slow recovery if projections from Credit Suisse are to become true: the investment bank estimates gross gaming revenue in 2024 will…

Penn National Gaming Earnings Quality Improving, Says Credit Suisse

Posted on: May 30, 2022, 03:18h.  Last updated on: May 30, 2022, 04:00h. Simply because a stock’s price is sliding doesn’t mean the company can’t generate increasing earnings per share…

Revolut to Block Credit Cards to Gambling Sites after Media Investigation

As Ireland takes a closer and sterner look at its gambling industry, Revolut, a popular fintech solution, and banking app, has joined mainstream bankers in blocking card payments to gambling…