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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

02/11/22

Sega Sammy expects annual net sales to reach US$2.7bn

Sega Sammy Holdings has announced it expects revenue to rise 13.4 per cent for its 2020-21 financial year.

02/11/22

Grand Korea Leisure posts net loss of US$94.7m for 2021

Grand Korea Leisure has reported a net loss of KRW113.27bn (US$94.7m), up 76.1 per cent when compared to the KRW64.3bn loss registered in 2020.

02/11/22

Osaka votes against allowing IR referendum

Osaka’s city council has voted against the possibility of allowing a referendum on the development of an integrated resort in the city.

02/11/22

Jeju Dream Tower posts gaming revenue of US$12m for Q4

Lotte Tour Development Co Ltd has reported that the Jeju Dream Tower casino resort recorded gaming revenue of KRW14.4bn (US$12m) for the fourth quarter of 2021.

02/11/22

Moody’s downgrades SJM Holdings ratings

Analysts at Moody’s Investors Service have downgraded SJM Holdings Ltd’s corporate family rating from Ba1 to Ba2.

02/10/22

MGM China mass-market gaming tables reached 85% of pre-pandemic levels in CNY

MGM China Holdings has reported that its table drop in the mass-market segment reached 85 per cent of pre-pandemic levels during the Chinese New Year holiday period.

02/10/22

Kangwon Land posts net loss of US$9.2m for Q4

Kangwon Land has shared its financial results for the fourth quarter of the year, reporting a net loss of KRW11.0bn (US$9.2m).

02/10/22

Wakayama opens public consultation on IR plans

The Wakayama Prefectural Government’s period for public remarks regarding the development of an integrated resort will run until March 10.

02/10/22

MGM China net revenue up 84% in 2021

MGM China has revealed its financial results for the year 2021, reporting a growth in net revenues of HKD9.41bn (US$1.2bn).

02/10/22

Melco reaches average occupancy rate of 70% during Chinese New Year

The average occupancy rate of hotels in Macau during the holiday period was 63.8 per cent.

02/09/22
The Philippines urges for quick approval of new POGOs tax

POGOs could see a rebound following easing of Covid-19 restrictions

02/09/22

Marina Bay Sands US$1bn renovation project to be completed in phases

The upgrade of Marina Bay Sands’ hotel accommodations will be completed in phases over 2022 and 2023.

02/09/22

Melco confirms end of agreements with junket promoters

Through a company filing, the casino operator has announced that it ceased all arrangements with gaming promoters at Studio City Casino in December 2021.

02/09/22

Wynn Macau: CNY saw the best gaming performance since the pandemic began

Linda Chen, vice-chairman and chief operating officer of Wynn Macau Ltd has hailed gaming performance during the Chinese New Year holidays.

02/08/22

NUSTAR Resort and Casino to launch five-star venue in May

NUSTAR Resort and Casino has announced that Fili Urban Resort, its five-star hotel, will have a soft launch in May.

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Highlighted Interview

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.