ASIA-PACIFIC CASINO OPERATORS ON A ROLL, SAYS S&P

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June 15, 2013

HONG KONG - Asia-Pacific's gaming industry is betting on good times ahead. Standard & Poor's expects the industry's revenue and earnings growth to remain relatively robust in the rest of 2013. It says casino operators have generated stronger cash flows from their existing assets so far this year, which is helping to underpin the sector's credit quality. “They are also seeking new opportunities to expand their gaming operations,” S&P says in a new report, adding that such expansion carries risks.