S&P: Macau and Singapore are Asia-Pacific’s safest gaming bets for investors
Macau and Singapore are the best-placed gaming jurisdictions in Asia-Pacific for investors, according to S&P Global Ratings. S&P also said regional gaming revenue is likely to grow by 3% to 5% a year over the next few years, but warned that “strong demand alone will not strengthen credit quality.” In a recent report, S&P said gaming companies’ credit quality is now driven less by demand and more by the regulatory and political environment in which they operate. “In our view, regulatory risk is structural and intrinsic to the Asia-Pacific gaming sector,” S&P said. “In many Asian jurisdictions, political incentives to […]
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