Tuesday, August 09, 2022

Latest

Title image
SJM reports 12.5% profit gain for 2019

2020-03-16

SJM Holdings posted a 12.5 percent gain for 2019 and said it was in a solid position to weather the challenges posed by the Covid-19 outbreak.

Title image
MGM China revenue up 19% in 2019, driven by non-VIP

2020-02-13

MGM China Holdings Limited on Wednesday announced its 2019 financial results, with revenue up 19 percent year-on-year, driven by non-VIP gaming. 

Title image
Melco, MGM outshine peers in Q3

2019-11-15

Melco Resorts & Entertainment and MGM China outperformed their peers in the latest reporting season, as the ramp up of new product offerings drove growth.

LVS to dominate in Asia for the next five years

2019-10-31

Las Vegas Sands and its Sands China unit are likely to dominate the market in Singapore and Macau for the next five years, according to a report from Bernstein.

Title image
SJM Holdings Q3 misses estimates on weak VIP

2019-10-29

SJM Holdings reported lower-than-expected Q3 EBITDA as VIP gross gambling revenue tumbled 43 percent in the quarter.

Title image
Okada Manila EBITDA margin improving

2019-10-23

Okada Manila’s EBITDA margin appears to be improving on operational changes, table pricing and an improvement in non-gaming amenities.

Title image
Melco, MGM seen gaining market share: Bernstein

2019-10-15

Melco Resorts & Entertainment and MGM Resorts are likely to have gained market share in Q3 as new properties ramp up, while Wynn Resorts and Galaxy Entertainment may have slipped due to their greater reliance on VIP, Bernstein analysts say.

Title image
Sands, Galaxy retain top market share in 19H1

2019-09-04

Sands China and Galaxy Entertainment Group retained their top position in Macau gaming market share in 19H1, according to analysts at Deutsche Bank.

Title image
Lisboa Palace opening delayed again

2019-07-29

SJM Holdings has pushed back the completion date of its Lisboa Palace resort on Cotai again, this time until about March next year, according to media reports.

Title image
Sands seen gaining premium mass share

2019-07-26

Las Vegas Sands is likely to begin gaining share in the premium mass market in the second half of this year and into next as new suites for its Londoner resort and Four Seasons hotel come on line, analysts at Bain Capital wrote in a note. 

Title image
Mass growth outstrips VIP in Q2, takes market lead

2019-07-16

Gross gambling revenue in Macau’s mass market sector far outstripped the long-dominant VIP segment in Q2, helped in part by a reclassification of tables following the full smoking ban that came into effect in January.

Title image
Mass market strong in Q2 with Melco gaining EBITDA share: MS

2019-07-09

The mass market in Macau accelerated to grow 12 percent in Q2 compared with the same period a year ago, with Melco Resorts & Entertainment increasing its share of EBITDA, according to a note from Morgan Stanley.

Title image
SJM Q1 profit gains 16.5 percent driven by mass

2019-04-30

SJM Holdings said Q1 profit rose 16.5 percent over the prior year to HK$850 million ($108.3 million), driven by mass market revenue.

Title image
SJM sees Lisboa Palace completion in H1

2019-02-28

SJM Holdings posted a 45.2 percent gain in 2018 profit attributable to owners of the company and said it expects to complete construction of its Cotai

Title image
Unibet plans to ramp up marketing next year

2017-11-21

Foreign online bookmaker Unibet says it will be ramping up its marketing in Australia with the aim of increasing its market share, local media reports

Title image
Paradise VIP growth “encouraging”

2016-10-04

South Korea’s Paradise Co., which operates foreigner-only casinos, reported that Chinese VIP volume gained 1 percent in September in the first gain

Title image
William Hill loses market share in Australia

2016-06-08

UBS has reiterated a ‘sell’ rating on sports betting group William Hill on Wednesday, as the group loses market share in Australia amidst fierce c

Title image
AGTech secures 60 percent of sports lottery market share

2016-06-07

Beijing AGTech Technology Co. Ltd, a subsidiary of AGTech has announced it has secured more than 60 percent of market share in the supply of China Spo

Title image
Headwinds still strong for Genting Singapore

2016-04-06

Genting Singapore, whose 2015 profit plunged by 70 percent to S$193.1 million ($138 million), is expected to suffer more pain ahead as it struggles to reposition the brand and recover from prior lending policies.  Singapore’s two casinos have both...

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

3rd party / Cookies
Show settings
Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief