Gaming

Gross gambling revenue may have slumped in Macau but brokers believe the Melco JV is a substantial player and Crown Resorts offers domestic upside.

Macau casino capacity constrained; traditional retailers beset by leisure focus; consumer sentiment is soft; general insurers are flat; business airfares rise; and Pulse Health’s new hospital.

Lower oil price a positive for Oz households; building stocks can still outperform; lower AUD is more probable than lower cash rate; and policy intervention likely in wagering.

PayPal offers working capital loans to Oz SMEs; consolidation in US dollar strength; and investment opportunities in Australia’s gambling sector.

CIMB has returned from a tour of Oklahoma casinos buoyed by the prospects for Aristocrat Leisure.

Looking for guidance at AGMs; Aust dollar needs to fall further; online advertising still taking share; soft contractor conditions continue; opportunity in gaming; and ClearView re-rates.

Crown Resorts turned around a lacklustre first half to deliver a strong FY14 result, with promise of improved dividends.

Oz fashion trends up; utilities perform; electricity oversupply; wagering consolidation; supermarket power.

Brokers assess Aristocrat Leisure’s acquisition of Video Gaming Technologies with mixed feelings.

Tatts has struck a deal with Racing Queensland that removes uncertainty and underpins its top dog status in wagering in that state, a day after winning a compnsation claim in the Victorian court.