Thursday, July 07, 2022


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Wynn Macau sees stronger October results, issues notes


Casino operator Wynn Macau has announced it is preparing to conduct an offering of notes, which will be used to pay down amounts outstanding under the

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Melco Crown 16Q2 revenue misses mark


Casino operator Melco Crown Entertainment Ltd’s revenue missed the mark in the 2016 second quarter at $1.07 billion, falling short of analyst estima

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DJI announces Xinhua mobile deal


UK technology group DJI Holdings says it is expecting a ‘game changing’ deal with the state owned Xinhua News Mobile App to deliver revenue from A

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Travellers International gaming revenues down sharply in 15Q3


Travellers International, which operates Resorts World Manila, reported gaming revenue of P5.43 billion for the third quarter of 2015 compared with P7

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Tabcorp revenues up 1.1 percent in 15Q3


Tabcorp reported total group revenues for the three months ended September 30 of A$543.5 million ($386.4 million), up 1.1 percent year-on-year. Total

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Naguiat upbeat despite poor performances at Philippine casinos


The Philippine Amusement and Gaming Corp. boss said he is not worried about the recent poor financial performances of Philippine casinos, saying it ha

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Vegas May Revenues Up 1.4 percent


Las Vegas Strip gaming revenues in May rose 1.4 percent year-on-year, weighted down by baccarat which faced tough year-on-year comps and was down 36 p

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Macau fiscal surplus down 54.9 percent


Macau recorded a fiscal surplus of MOP25.28 billion ($3.16 billion) in the first five months of 2015, down 54.9 percent from the same period the year

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Melco Crown stock leads decline in HK trading


Melco Crown Entertainment Ltd. is leading the decline in Hong Kong trading, down 5.1 percent to HK$50.85, after stocks tumbled amid several analysts s

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“Supply will create the demand” says Adelson on Macau


Las Vegas Sands CEO said at a conference in New York that the key to lifting Macau out of a slump is to build more resorts which will in turn stoke de

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Crime spikes in 15Q1 as revenues fall


Casino-linked crimes in Macau rose in the first quarter of 2015 as revenues plummeted, with the number of illegal detentions involving forced collecti

Macau casinos could see revenue fall as much as 42 percent


Macau’s casinos could see revenue plummet 35 to 42 percent this month compared to February last year, according to new analysis. In the first week

Macau Economic Association’s Chang says industry heyday over


The best years of Macau’s gambling industry are over as China’s policies affect profits and player levels and the likelihood of the government al

Korean gaming stocks plunge after China vows crackdown


Shares in Korean gaming companies plummeted after China announced it would take a tough stance on casino operators based in the country trying to woo

Wynn Resorts Q4 profit almost halves as Macau revenue tumbles


Wynn Resorts has fallen victim to Macau’s downturn with the company’s fourth-quarter profit plummeting as a result of its Macau operations underp

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