Macau Awarded AA3 Rating By Investment Service

June 11, 2018 by

Moody’s Investors Services recently issued an award to Macau, a stellar AA3 rating, due to Macau’s financial reserves and its low governmental debt, which is in part thanks to the casino-friendly nature of the local government.

A report on the investment firm showed that they issued the rating while explaining that Macau could see more growth in the immediate future, based on the financial reserves that the region has built up in the last few years. These reserves also provide a certain level of protection to Macau, especially from “sudden external shocks,” according the firm.

The credit firm went on to explain that they expect revenue in Macau to increase in the foreseeable future, which will be backed by the gaming industry as well as the non-gaming visitors that frequent the region’s many tourist facilities. The biggest concern for Macau, according to Moody’s, is the potential of policy change in China, which might negatively affect how gaming works for the entire country.

This could coincide with a tighter hold on any corruption in the region, as well as a general weakening of the gambling services offered in one of the world’s gambling capitals, but only if gambling was introduced on the mainland in an official capacity.

The rating comes after a long evaluation performed by Moody’s Investors, which studied a number of key categories, including fiscal strength, susceptibility to event risk, institutional strength, and economic strength. All of these were investigated on their own merit before the rating was awarded.

TOP pokies casinosJuly 2024
#CasinoNZRatingBonusPlay
1 IE allowed5/5$1600 NZD Play now
Review
2 IE allowed4.9/5$1000 NZD Play now
Review
3 IE allowed4.8/5$350 NZD Play now
Review
4 IE allowed4.7/5$750 NZD Play now
Review

William Bettany

More About

William Bettany has spent a lot of time in New Zealand’s casinos, indulging in his passion for pokies both online and off. With an incredible array of experience and insight at his disposal, William is sharing all the hottest casino news with PokiesOnlineNZ.net.nz, and paving the way to players putting more money away at the end of the day.
William’s on-target advice, superior playing experience, and no-nonsense reporting have made sure his opinions are listened to, and he values sharing the news and his views, reviews and industry insights with others.

View Posts - Visit Website