Archive

_2020-06-10

Grand Korea Leisure has recorded zero sales for the month of April and a year-on-year decline of 73.7 percent in sales for the month of May. The May s

_2020-06-09

The road to recovery for Genting Singapore is expected to be slow and a long way off, according to analysts from Bernstein Research on Tuesday. “

_2020-06-09

Commonwealth Casino Commission (CCC) executive director Charlie Atalig has filed a complaint against IPI for allegedly failing to contribute $40 milli

_2020-06-08

Gaming taxes collected by the Macau government between January and May fell 56.5 percent year-on-year to MOP21 million (US$2.6 million), according to

_2020-06-03

Paradise Co. announced on Wednesday that the May sales of its casino division fell 51.2 percent from the same month last year. The total sales figure

_2020-06-03

Everi Holdings Inc swung to a net loss of $13.5 million in the three months ended March 31, 2020, due mainly to March casino closures caused by the co

_2020-06-03

Macau casino operator Sands China Ltd has announced the issuance of senior unsecured notes due 2026 and 2030, with net proceeds of approximately US$1.

_2020-06-02

Macau casino operator Sands China has not been spared by the impact of the coronavirus in Macau, posting only US$9 million in net revenues in April, l

_2020-06-01

Greater China’s gambling enclave posted a 93 percent decline in gross gaming revenue in the month of May, due to continued travel and border restric

_2020-06-01

Okada Manila posted a widened operating loss of JPY 1.7 billion (US$16 million) in the first quarter of 2020, due mainly to the suspension of all inte

_2020-05-27

Casino and junket operator Suncity Group on Tuesday announced fiscal measures to “enhance shareholders’ confidence” in the group’s future pros

_2020-05-25

Analysts from Bernstein Research have further reduced its Macau GGR estimates for the month of May, with border and travel restrictions continuing to

_2020-05-22

Aristocrat Leisure on Thursday announced its financial results for the six months ended March 31. Group revenue increased 7 percent to A$2.25 billi

_2020-05-22

Genting Malaysia has recorded a net loss of almost RM418 million (about US$96 million) in the first quarter of 2020 compared with a net profit of more

_2020-05-21

Online gaming provider Playtech plc reported strong results during the Jan 1 to Apr 30 period, with its businesses, particularly TradeTech benefitting

_2020-05-20

Australian wagering giant Tabcorp announced it has secured agreement from its bank lenders for a waiver of leverage and interest cover covenants in re

_2020-05-19

International Game Technology (IGT) said its first-quarter results were affected by Covid-19 related lockdowns beginning in March, and have subsequent

_2020-05-19

Management of India-listed casino operator Delta Corp said it does not believe the Covid-19 pandemic to have any significant impact on the financial r

_2020-05-19

Analysts at Bernstein Research expect Macau to report a 90-95 percent year-on-year fall in GGR in the month of May, as the gambling enclave continues