Archive

_2020-07-02
Half of the slot machines were in operation on the first day of opening to the general public of Star Entertainment’s property in Sydney, though business appeared to be brisk, according to analysts at J.P. Morgan.

_2020-06-19
Social distancing measures will cap capacity at Genting Malaysia and it may take two to three years before visitation levels get back to 2019 levels, Affin Hwang Capital Research said in a note, cited by The Edge.

_2020-03-18
Aristocrat Entertainment is likely to emerge from the current crisis with a larger land-based footprint in the medium-term and may be well placed to expand through acquisitions of weaker rivals, JP Morgan said in a note.

_2020-03-17
The New Zealand government has released a NZ$12.1 billion ($7.5 billion) stimulus package to maintain jobs and boost the economy particularly to help the lower paid, beneficiaries and those whose jobs are at risk.

_2019-11-20
Slot and gambling machine maker Aristocrat Leisure saw its profits after tax rise by nearly 29 percent in the one-year period to the end of September, reaching almost A$700 million (about US$476 million). The company’s total sales were nearly A$4.4 billion.

_2019-08-30
Analysts were pleasantly surprised by Genting Malaysia’s solid 19Q2 earnings but said the recent acquisition of Empire Resorts will weigh on long-te

_2019-07-26
Belle Corp said revenue fell 7 percent in the first half as gains from its share of revenue in City of Dreams Manila (CoD) failed to outweigh a decline in revenue at a unit that leases online betting equipment.

_2019-07-25
Genting Malaysia said it has settled all legal proceedings with Fox Entertainment Group and its related companies and as a result will be permitted to use some Fox intellectual property in an outdoor theme park that is under development.

_2019-07-24
Summit Ascent Holdings, the operator of the Tigre de Cristal, in Russia’s Primorye gaming zone, said it expects to post a profit for the first half of this year, compared with a loss the same period in 2018. 

_2019-06-05
Additional hotel capacity at the Queen’s Wharf project will see the Star Entertainment Group (SGR) generate an additional A$43 million (US$30 millio

_2019-06-03
State-run Philippine Amusement and Gaming Corp on Thursday announced an 11.4 percent year-on-year increase in gross revenue for the first four months

_2019-01-29
New Zealand casino operator SkyCity is expected to report better-than-expected growth in normalized earnings after a strong six months ended December