Wednesday, June 29, 2022


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Sands China posts $9 million in revenue in April


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

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IGT reduces 2020 profit outlook after tough Q1


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

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Melco swings to Q1 loss, remains committed to development plans


Melco Resorts & Entertainment swung to a loss in Q1 due to the impact of the coronavirus, but said it remains committed to its development plans, including a bid for a license in Japan.

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Australian woes hurt William Hill bottom line


UK bookmaker William Hill recorded a pre-tax loss in 2017 after slashing the value of its Australian business, local media reports. On Friday, the com

Clairvest posts loss after Ace2Three shutdown


Toronto-based private equity company Clairvest has posted a net loss for fiscal Q1 of C$11.6 million ($9.1 million), or $0.76 a share, after accountin

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SG grows revenue in 17Q2, narrowing loss


US-based gaming machine manufacturer Scientific Games Corp. has achieved its seventh consecutive quarter of year-on-year revenue growth, driven by its

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Sega Sammy reaches accord to exit Busan


Japan’s Sega Sammy has reached an accord to exit a planned development in South Korea’s Busan to focus on an integrated resort project it is devel

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Iao Kun holdings fails to meet Nasdaq requirements


Iao Kun Holdings has transferred its listing from the Nasdaq Global Market to the Nasdaq Capital Market after failing to comply with the exchange’s

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Neptune Group posts US$60.1 million net loss


Neptune Group Ltd. has posted an audited net loss of HK$466.7 million (US$60.1 million) for the fiscal year ended June 30, according to the company’

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Success Dragon interim loss narrows, continues Vietnam expansion


Success Dragon, a gaming services firm, posted higher revenue in the six months to end September and said its business in Macau is improving. The comp

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Philweb swings to P206.1m loss


Philweb Corp, an operator of e-gaming cafes in the Philippines, reported a net loss of P5.4 million (US$109,700) in 16Q3, down from a net profit of P2

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NZ gamblers down NZ$843 million in the last year


New Zealand gamblers lost more than NZ$843 million ($594.5 million) in slot machines in the last year, the largest since 2012., local media reports. A

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Mocha Club founder invests in Paradise


Mocha Club founder Chang Wang is investing in Macau’s Paradise Entertainment through the purchase of warrants carrying the rights to subscribe for s

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Scientific Games CEO change, solid 16Q2 results


Scientific Games Corp on Friday announced Kevin M. Sheehan as the company’s new CEO and president. He will also serve on the company’s board of di

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DJI to raise $38.5 million via conditional placing


China focused lottery and payment processing firm DJI Holdings on Friday announced a conditional placing of 30.5 million new ordinary shares, which wi

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Iao Kun Group rolling chip down 45 percent in 16Q1


VIP room gaming promoter Iao Kun Group Holding Limited has announced rolling chip turnover for 16Q1 was $1.2 billion, down 45 percent year-on-year com

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Success Dragon widens loss in FY16


Casino services firm Success Dragon International Holdings posted a widened net loss of HK$231.5 million (US$28.8 million) for its fiscal year ended M

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Neptune Group reports net loss of HK$257 million in 2015


Macau VIP junket Neptune Group Ltd reported a net loss of HK$257 million (US$33 million) in the first half of the fiscal year ended Dec. 31, 2015, com

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Bad debt write-downs impact Genting Singapore’s 15Q3 results


Genting Singapore reported weaker-than-anticipated results in 15Q3 as it lost market share to rival Marina Bay Sands. GGR was S$659 million ($464.7 mi

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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