Wednesday, June 29, 2022

Latest

Title image
Travellers Q2 net halves despite revenue gains

2019-08-13

Travellers International Hotel Group posted an almost 52 percent drop in Q2 net profit as costs rose and a one-time gain reported last year wasn’t repeated, though revenue growth was strong.

Title image
Gamblers bear brunt of POCT: JP Morgan

2019-07-24

Higher costs associated with Australia’s Point of Consumption Tax (POCT) has ultimately been passed over to gamblers, according to a note from JP Mo

Title image
Sportsbet helps boost Paddy Power results

2018-03-06

Paddy Power posted a 13 percent gain in 2017 revenue, helped by a strong performance from its Australian online betting brand Sportsbet. The U.K.-list

Title image
Merger costs drops Paddy Power into 16H1 loss

2016-08-25

International bookmaker Paddy Power Betfair reported 16H1 results this week, including results of Australian operator Sportsbet. The gambling giant, c

Title image
Cotai developments push up construction worker wages

2015-11-03

The average daily wage of construction workers increased by 9.5 percent quarter-on-quarter to MOP771 ($96.5) in 15Q3, due to an increase in demand for

Title image
LVS modest margin declines likely to accelerate: DB

2015-10-21

Las Vegas Sands 15Q3 results beat expectations due to continued cost cutting in Macau and a surprising upside in Singapore, but recent modest margin d

Title image
Macau casinos have no choice but to cut costs: MS

2015-09-15

Morgan Stanley analysts said casino management have no choice but to focus on cost cutting after gross gaming revenue fell 44 percent in15Q2, with no

Title image
Cotai pipeline "worrisome," Deutsche Bank says

2015-09-09

Deutsche Bank has revised down its Macau property EBITDA forecasts to between 9 percent and 12 percent for 2015 and 2016 due to margin pressure as fix

Title image
Filipino senator requests examination of CoD employee suspensions

2015-09-01

A Filipino Senator has requested the Senate look into reports that City of Dreams Manila would suspend around 100 workers to cut costs. According to l

Title image
Casino oversupply concern is underappreciated says MS analysts

2015-07-07

Morgan Stanley says investors are too focused on weekly data for signs of bottoming revenue, while the risk of significant margin dilution due to high

Title image
SkyCity and state agree the preliminary design of NZICC

2015-05-25

Economic Development Minister Steven Joyce and SkyCity CEO Nigel Morrison announced that the company and the state have agreed the preliminary design,

Title image
SkyCity making progress on Convention Center

2015-04-29

  SkyCity’s CEO announced that it it making good progress with the government towards finalizing the preliminary design of the New Zealand Internat

Title image
Update I: Wynn Macau, others, encourage unpaid leave

2015-03-05

Amid tough market conditions, Wynn Macau is among the local casino operators encouraging staff to take unpaid leave to save money. According to a te

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

3rd party / Cookies
Show settings
Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief