Archive

_2021-04-01
Landing International said its foreigner-only integrated resort in South Korea generated positive revenue in the second half of the year after it switched its focus to marketing to locals.

_2021-04-01
Imperial Pacific International says its business is still viable despite reporting a loss for the past two years and said its controlling shareholder has pledged to provide finance to settle its liabilities and and potential litigation costs.

_2021-03-30
Suncity Group Holdings says it’s putting cost cutting initiatives in place to enable its flagship Hoiana resort in Vietnam to ride out the pandemic storm and continues to explore international opportunities.

_2021-03-30
Suncity Group said its Hoiana integrated resort in Vietnam has generating revenue of $4.8 million since its preview in June last year and had an adjusted EBITDA loss of about $32 million.

_2021-03-26
Macau Legend said 2020 revenue fell 70.3 percent to about HK$700.7 million and its net loss ballooned to $1.95 billion.

_2021-03-25
Paradise Entertainment swung to a loss in 2020 as revenue plunged 70.2 percent to HK$351.7 million as a result of the Covid crisis and its cessation of a management accord with Macau's Casino Waldo.

_2021-03-23
AGTech Holdings said its operating loss narrowed by 32.7 percent in 2020, even though revenue dropped by about 7.7 percent to HK$161.6 million. 

_2021-03-08
NagaCorp succeeded in posting a net profit of $102.3 million in 2020 despite the Covid-19 pandemic, driven by a strong recovery in the second half, led by the premium mass sector.

_2021-02-26
Paradise Co. has reported its fourth quarter and full year financial results for the year 2020, recording full year net losses on its controlling interest of KRW109.8 billion (US$97.8 million).

_2021-02-24
Reef Casino Trust said the second half of the 2020 year was strong, but the company remains extremely cautious about the outlook due to the ongoing Covid-19 situation.

_2021-02-23
SJM Holdings said it had seen the beginnings of a recovery in Q4, after reporting a 78 percent drop in revenue for 2020 and swinging to an adjusted EBITDA loss of HK$3.02 billion.

_2020-09-23
Ainsworth Game Technology said it will prudently invest in research and development to position itself for a long-term post-pandemic recovery.

_2020-09-01
Donaco International said it has seen “significant progress” in moves towards reopening borders in Southeast Asia and its two casinos will be ready to resume operations as soon as the situation warrants.

_2020-08-27
Ainsworth Game Technology is the latest supplier to point to progress in its online offerings, as Covid-19 hits the land-based side of the business.

_2020-08-20
SkyCity Entertainment has raised its guidance for earnings for the 2020 fiscal year due to higher estimates from insurance proceeds for fire damage at the New Zealand International Convention Centre last year.

_2020-08-20
Star Entertainment Group said its domestic gaming revenue in July reached 80 percent of the prior calendar year and that investment in its properties will enhance long-term growth potential.

_2020-08-19
Tabcorp digital turnover outstripped retail turnover for the first time in a full year after Covid-19 forced the closure of its outlets and tipped the group to an $870 million ($631.8 million) loss.

_2019-09-25
Okura reported lower 2019 revenue after closing some of its parlours after rule changes reduced the gaming element of the machines, cutting their appeal.

_2019-08-27
Ainsworth Game Technology announced a 66 percent drop in 2019 profit, with Chief Executive Laurence Levy calling the results “relatively weak,” with room for improvement.