Archive

_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

_2020-05-14

Genting Singapore said it remains pessimistic on its outlook for the remaining year, with its flagship property Resorts World Sentosa being “severel

_2018-04-08

Wynn Resorts is expected to post the highest growth in property EBITDA for Q1, with MGM Resorts lagging Macau’s operators, according to Morgan Stanl

_2018-04-05

Shares in Bloomberry Resorts jumped 3.5 percent in Manila after the operator posted record results for 2017, though its gaming revenue and EBITDA in t

_2018-03-13

Deutsche Bank has cut its share price target for Wynn Resorts to $215 from $221, though the firm reiterates its buy rating and says all indications po

_2018-02-19

MGM China’s Q4 revenue gained 10 percent, pulled up by the mass market, which benefited from a gain in both volume and hold percentage. Net revenues

_2017-07-25

Wynn Resorts’ Macau operations have posted a 57.5 percent increase in net profit for the second quarter of 2017, reaching US$102.6 million, boosted

_2017-05-27

Interactive and lottery giant IGT reported lower than expected results for the first quarter of 2017, due in part to underperformance of its internati

_2017-04-26

Macau’s gaming stocks have rebounded to trade at two-year highs, tracking the recovery in gross gaming revenue, however analysts warn against over optimism, saying growth may be nearing its peak, at least in the short term.

_2017-03-19

Macau’s casino operators are likely to facing increasing margin pressure in 2017 as overall costs rise and promotional pressures gain with the uptic

_2016-11-14

Travellers International Hotel Group Inc., the operator of Resorts World Manila, has posted a 153 percent year-on-year rise in net income for the thir

_2016-10-31

Australia-listed Silver Heritage Group has advised the market that it may likely fall short of its 2016 total revenue and adjusted EBITDA forecasts th

_2016-10-25

Macau casino operator Galaxy Entertainment Group posted a 28 percent year-on-year rise in net profit in the third quarter of 2016, above analyst expec

_2016-09-13

Fitch’s Alex Bumazhny said that the firm is projecting approximately a 5 percent decline in Macau gaming revenue for 2016. Year-to-date revenues are

_2016-06-09

Genting Singapore’s Resorts World Sentosa is cutting close to 400 casino employees as the company continues to face headwinds from falling revenue,

_2016-03-17

Genting HK has reported group profit at US$2.1 billion in 2015, compared with US$374.1 million in 2014, according to a recent filing to the Hong Kong

_2016-02-24

Crown Resorts Limited reported a net profit of A$205 million (US$147.7 million) for the half year ended Dec. 31, 2015, down 22.1 percent compared to t

_2016-02-23

Australian-listed Donaco International reported a 230 percent increase in net profit after tax at A$13.4 million (US$9.6 million) for the half year en

_2016-02-23

Caesars Entertainment says net revenues increased 14.7 percent to US$4.5 billion driven by increased performance of their hospitality offerings as wel