Asia’s gaming industry is on a roll

Finance Asia – Asia’s gaming industry is on a roll and attracting a wider array of investor as dominant centre Macao continues expanding and as rival locations emerge. Because casino developments are capital-intensive and can take 2-3 years to complete, gaming companies have historically tended to attract different types of investors with different needs over different phases of a development. They have tended to raise funds in a cycle by issuing equity first and then high-yield or convertible bonds and, finally, by getting syndicated bank loans, industry experts say. But what’s evident from the gaming sector’s capital raising efforts in…