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March GGR to fall 80 percent: Bernstein

2020-03-10

Macau gaming continues to suffer from the ongoing coronavirus crisis, with March GGR expected to now fall 75 to 80 percent year-on-year, according to

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Macau's December starting weaker than expected

2019-12-10

The upcoming visit by Chinese President Xi Jinping and tighter visa controls starting from November is having a stronger effect on Macau GGR than prev

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VIP to make up of one-third of GGR by 2022

2019-11-06

VIP as a percentage of revenues is expected to go down to as low as 34 percent by 2022, according to estimates from Bernstein analysts. In 2011, arou

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Macau Q3 results expected to be weak, but within expectations

2019-10-14

Third-quarter results from Macau’s six gaming concessionaires, which are due to be released towards the end of this month, are expected to be weak,

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September GGR in line with reduced analyst expectations

2019-10-02

Macau GGR rose 0.6 percent year-on-year to MOP22.1 billion in September, in-line with analysts’ revised expectations for the month.  Average dai

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Casino tax hike not as bad as expected, say analysts

2019-07-04

Shares in Genting Bhd and Genting Malaysia rebounded sharply upwards following the release of their 2019 first-quarter earnings, showing the impact of

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SkyCity’s FY19 earnings growth to beat expectation

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

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Genting HK expects H1 reduced loss

2018-08-01

Genting Hong Kong said it expects to record a reduced loss in the first half of 2018, due mainly to improvement in its core cruise segment. However

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Donaco anticipates FY18 loss due to impairment

2018-02-12

Donaco International said on Tuesday that it does not expect to post a statutory net profit for the 2018 fiscal year, due to an anticipated impairment

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Landing expects to record a profit in 2017

2018-01-27

Landing International Development says it expects to record a profit for the year ended December 31, 2017, after posting a loss the year before. In a

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Rexlot expects loss for 2016

2017-03-27

Lottery system provider Rexlot Holdings Ltd. says it expects to record a net loss for the year ended Dec. 31, 2016, down from a net profit recorded in

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January GGR up 3.1 percent, misses expectations

2017-02-01

Macau’s casino industry raked in MOP 19.3 billion (US$2.4 billion) in gross gaming revenue in January, according to the latest figures released by t

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Scientific Games expects $115 million net loss in 16Q4

2017-02-01

Scientific Games Corporation says it expects a net loss in a range of $105 to $115 million for the fourth quarter of 2016, according to a filing from

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Optimism for Macau gaming revenue in 2017: analysts

2017-01-15

Stronger than expected gaming revenue in the fourth quarter of 2016, along with improvements in VIP and mass play could see Macau achieving gaming rev

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Silver Heritage may miss 2016 forecasts

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

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Market underestimating Wynn Palace potential: MS

2016-10-24

While Wynn Palace’s opening missed expectations, the market may be underestimating its long-term potential, said Morgan Stanley in a note on Sunday.

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Market is overestimating the potential of new openings: Daiwa

2016-08-18

Brokerage Daiwa Securities Group says the market is overestimating potential GGR growth brought by new property openings this year. “As we see it, t

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Imperial Pacific expecting an increase in profit

2016-08-16

Saipan casino operator Imperial Pacific International Holdings says it is expecting to record a substantial increase in profit for the six months ende

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City of Dreams Manila to see significant growth says Ocier

2016-05-29

Philippine-based City of Dreams Manila is expecting significant growth this year as it reaps the benefits of gaming promotions and full year operation

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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