Wednesday, June 29, 2022


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SkyCity cuts forecasts as fire, Coronavirus hit


SkyCity Entertainment, New Zealand’s only listed gaming company, has cut forecasts for the year and says the near-term outlook is gloomy, as it grap

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Wynn Resorts Q3 impacted by VIP fall


Wynn Resort’s Macau Q3 results were impacted by a significant drop in VIP table games turnover, which was slightly offset by an uptick in mass gamin

Macau casinos bank on new gaming capacity


A streak of weak gaming revenue that threatens to continue over the next year could dampen the credit outlook for Macau's casino operators, however, u

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Macau junket association backs tighter regulations


The Macao Junket Promoters and Cooperators Association says it backs the government's intention to tighten junket regulation after the Dore incident b

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Razon says Macau cloud shouldn’t darken Philippine casinos: Bloomberg


Bloomberry Resorts Corp., whose stock is the worst-performing major counter in the Philippines this year, expects its losses to narrow as revenue is g

Paradise Entertainment warns of loss for six-month period


Paradise Entertainment Limited, an electronic gaming systems supplier, announced that it is expected to record a loss for the six months ending 30 Jun

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Macau junket market to shrink further amid closures, expansion elsewhere


Macau’s junket market is expected to shrink further in 2015 amid tight liquidity and falling VIP revenue, with some analysts warning that the system that helped create the world’s biggest gambling hub may be near broken. The number of licensed gaming...

Macau casinos could see revenue fall as much as 42 percent


Macau’s casinos could see revenue plummet 35 to 42 percent this month compared to February last year, according to new analysis. In the first week

Revenue likely to drop in 15H1, Lionel Leong


Macau secretary for economy and finance Lionel Leong Vai Tac said yesterday that, according to gaming results data, gaming revenue in the first half

Macau operators’ Q4 EBITDA seen down 11 percent


The Q4 EBITDA of Macau’s gaming operators is likely to decline about 11 percent quarter on quarter, outpacing a drop in revenue, due to the falling

Wells Fargo sees Macau Jan. GGR down 16-19 percent


Gross gambling revenue in Macau is likely to drop between 16 and 19 percent in January after the territory reported its first annual drop on record i

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