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KUALA LUMPUR: Genting Malaysia Bhd looks to be the biggest loser among gaming sector stocks as the movement restriction order shuts down all gaming facilities for 14 days.
KUALA LUMPUR: Maybank Investment Bank Research does not discount the possibility that numbers forecast operators (NFO) gaming tax rates may be hiked in the Budget 2020 proposals to be announced on Oct 11.
WE are now in September, with the Dow Jones up some 16.53% on a year-to-date basis despite the trade war woes and fears of an impending recession due to the signals being emitted by the inverted yield curve.
KUALA LUMPUR: Berjaya Sports Toto (BToto) negatively surprised with a headline net loss for May-June 2019 due to impairments at Philippine Gaming Management Corporation (PGMC), Maybank Investment Bank Research said.
KUALA LUMPUR:Kenanga Research said Magnum Bhd's 1H18 net profit that came in slightly-below-expectations is not alarming as it was due to higher taxation.
PETALING JAYA: The impact of lower special draws awarded to numbers forecast operators (NFOs) including Berjaya Sports Toto Bhd and Magnum Bhd is expected to be minimal, said Maybank IB Research.
KUALA LUMPUR: Maybank Investment Bank Research sees the government’s proposal to reduce the special draws awarded to numbers forecast operators (NFOs) to have a minimal impact on Berjaya Sports Toto and Magnum.