Archive

_2021-03-24
Summit Ascent Holdings, operator of Tigre De Cristal in Vladivostok said it swung the second half of 2020 to a positive adjusted EBITDA and net profit, thanks mainly to strong local demand. 

_2021-03-23
Hong Kong-listed Suncity Group Holdings on Monday said it expects to record a profit for the year ending December 31, 2020, despite a 67.4 percent decrease in revenue in the year. 

_2021-03-01
Macau Gross gambling revenue (GGR) in March is expected to be down in the low to mid-sixties percent from the same month last year, though visitation is expected to improve in Spring and travel with Hong Kong may resume from Q2, Bernstein Research said...

_2021-03-01
Aquis Entertainment has reported its preliminary final report for the full year 2020. Revenue from operations decreased 23.7 percent to A$18.9 million (US$14.9 million).

_2021-02-26
Poker machine revenue at the Canberra Labor Club fell by more than 28 percent year-on-year to A$17.4 million (US$13.7 million).

_2021-02-26
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_2021-02-25
Australia-listed Pointsbet has reported a 174 percent year-on-year boost in revenues for the six month period from July to December 2020, reaching over A$75 million (US$59 million). 

_2021-02-23
Jumbo Interactive, the Australian lottery firm, delivered revenue of A$40.9 million (US$32.2 million), up 9.0 percent, with underlying EBITDA up 3.7 percent to A$24.1 million.

_2021-02-21
Shares in MGM Resorts rose almost 4 percent on Friday after investors applauded the casino operator’s latest foray into the online sphere.

_2021-02-19
Delta Corp Chairman Jaydev Mody says footfall at the company's Goa casinos were back to 60 percent of pre-Covid levels in November and 80 percent in December.

_2021-02-18
New Zealand casino operator SkyCity Entertainment Group saw mixed financial results for the six months ended December 31, 2020, with strong local gaming performance, but weaker tourism-related business over the half-year.

_2021-02-09
500 com has announced its fourth quarter and full year financial results. As for the full year 2020, net revenues were RMB21.8 million (US$3.3 million) and operating losses were RMB190.8 million (US$29.2 million).

_2021-02-05
Konami Holdings has reported a steep decline in its gaming segment revenue in the April-December 2020 period to JPY11.75 billion (US$112 million), down 48.8 percent on a year-on-year basis.

_2021-02-03
Star Entertainment is likely to benefit from expected delays to Crown Resorts’ ability to open a casino in Sydney and its current share price presents a good buying opportunity, J.P. Morgan said in a report. 

_2021-02-01
Macau’s gross gambling revenue dropped 63.7 percent in January, better than analysts had been expecting after renewed Covid-19 clusters on Mainland China slowed visitation later in the month.

_2021-02-01
The Philippine Amusement and Gaming Corporation (PAGCOR) has reported that its income from gaming operations in the full year 2020 fell to PHP30 billion (US$624 million), down 60.4 percent year-on-year.

_2021-01-25
Australia's Reef Casino Trust has revised upwards its estimated profit before impairment to $271,000 from a prior forecast for a loss of $66,000 due to a better-than-expected performance from the Reef Hotel Casino in Cairns.

_2021-01-19
Melco Resorts & Entertainment and Wynn Resorts are expected to outperform their Macau rivals in the next six months due to their larger exposure to the premium mass market, according to Bernstein Research.

_2021-01-13
Lower operating costs and a better business mix are likely to have helped the bottom line of Macau’s operators in the fourth quarter, despite continued low revenues, Morgan Stanley says.