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Success Dragon has announced the completion of placing of new shares on March 31, which sees an aggregate of 429,870,000 placing shares, representing approximately 15.37 percent of issued share capital of the company at a placing price of HK$0.067 per...

Wynn Macau saw its casino revenues fall 82 percent in 2020 primarily due to adverse effects of the covid-19 pandemic, which saw its casinos closed in Macau for a 15-day period and subsequent reopening on a reduced basis in the year.

Melco Resorts’ parent company Melco International Development said it swung to a loss of HK$12.4 billion for the year ended Dec 31, 2020, caused mainly by a 70 percent fall in revenue in the year. 

Hong Kong-listed Success Universe recorded hefty losses for the year 2020, mainly due to the Covid pandemic, including an adjusted EBITDA loss of HK$243 million (US$31.6 million) at Ponte 16, the group’s flagship investment project in Macau.

Hong Kong-listed New Silkroad Culturaltainment, which operates the MegaLuck Casino at Jeju’s KAL Hotel, has described the ongoing impact of the Covid pandemic as being “arduous.”

Summit Ascent Holdings, operator of Tigre De Cristal in Vladivostok said it swung the second half of 2020 to a positive adjusted EBITDA and net profit, thanks mainly to strong local demand. 

Hong Kong-listed Suncity Group Holdings on Monday said it expects to record a profit for the year ending December 31, 2020, despite a 67.4 percent decrease in revenue in the year. 

This week's "By The Numb3rs" compares the change in land-based casino gross gaming revenues (GGR) across five key gaming jurisdictions in Asia-Pacific.

Asia Pioneer Entertainment has announced that, based on a preliminary review of the unaudited consolidated management accounts results for the year ended December 2020, the group expects to record a loss before tax of approximately HK$32.0 million (US$4.2...

Union Gaming analyst John DeCree declared in a note that “IGT's lottery business was once again a shining star in 4Q20. "Globally, sales for instant ticket and draw games increased 8% in 4Q20 following nearly 11% growth in 3Q20."

Genting Singapore posted a profit attributable to shareholders of $68.46 million in 2020 even though revenue fell by 57 percent.

TransAct Technologies Incorporated has reported its full year and fourth quarter 2020 financial results, including net sales for the 2020 year at US$30.6 million, down 33 percent, and operating losses for 2020 at US$8.2 million.

Everi Holdings has reported financial results for the fourth quarter and full-year 2020. In the fourth quarter, revenues rose to US$119.6 million and net income improved to US$1.1 million.

NagaCorp has turned in its financial report for the full year 2020, noting that Cambodia has fared much better than many other countries throughout the pandemic era.

Philippine Bureau of Internal Revenue Deputy Commissioner Arnel Guballa has told senators that latest projections show POGO tax collections settling at (US$82.3 million), just half the PHP7.18 billion raised in 2020.

For the full year 2020, Macau GDP declined by 56.3 percent in real terms while domestic demand shrank by 10.3 percent year-on-year.

International Entertainment has announced the disposal of 260 million shares, representing nearly 19 percent of issued share capital, by Chairman Stanley Choi.

With only its Busan casino currently open, Grand Korea Leisure was able to register only KRW507 million (US$450,000) in sales in February, down 98.8 percent year-on-year.

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

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