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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

08/17/21

PH Resorts posts loss of US$3.5m for H1

PH Resorts Group Holdings saw a comprehensive loss of PHP175.5m (US$3.5m) for the six first months of the year.

08/17/21

Landing International expects 80% rise in revenue for H1

Casino investor Landing International expects to report an increase in consolidated revenue of nearly 80 per cent year-on-year for the first half.

08/17/21

APE revenue plummets 74.6% for H1

Asia Pioneer Entertainment Holdings (APE) has shared its financial results for the first half of the year 2021, confirming a 74.6 per cent drop in revenue.

08/17/21

Sands China and Galaxy continue to lead Macau GGR in Q2

Sands China and Galaxy Entertainment Group together accounted for 45.3 per cent of Macau’s GGR in the second quarter of the year.

08/16/21

Oshidori expects to record US$130m in profits for H1

Oshidori International Holdings expects to post profits of HK$1.04bn (US$130m) for the first half of the year. The company has recently withdrawn from Nagasaki’s IR bid.

08/16/21

Macau GGR down 37% for second week of August

Macau’s GGR was down 37 per cent week-on-week due to local Covid-19 cases and the decline in tourist arrivals.

08/13/21

Resorts World Manila revenue down 12% in Q2

Travellers International, the operator of Resorts World Manila, has reported that revenue declined by 12 per cent to PHP4.6bn (US$91.2m) in the second quarter of the year.

08/13/21

Genting Singapore H2 earnings to be similar to H1, analysts say

Banking group Nomura estimates that Genting Singapore’s earnings for the second half of the year will be “at first-half 2021 levels or below.”

08/12/21
Genting Singapore.

Genting Singapore posts a net profit of US$65.0m for H1

08/12/21

Galaxy Entertainment revenue up 71.1% for H1

Galaxy Entertainment has shared its financial results for the first half of the year, reporting net revenue of HK$10.7bn (US$1.38bn), up 71 per cent year-on-year.

08/11/21

Kangwon Land to improve operating profits in Q3, analysts say

JP Morgan Securities predict Kangwon Land will improve its operating profits in the next three months unless the social distancing gets tighter.

08/11/21

AGTech revenues up 77.6% in H1

AGTech Holdings has posted a 77.6 per cent growth in revenue for the first half of 2021 to approximately HK$77.9m.

08/11/21

Paradise Co casino sales drop 14% in Q2

Paradise Co has revealed casino sales in the second quarter declined 14 per cent year-on-year to KRW30.58bn

08/10/21

Bloomberry Resorts buys back 40m shares

Bloomberry Resorts has bought back 40m shares to cover the number of shares granted to certain officers and employees under the Stock Incentive Plan (SIP).

08/10/21

Kangwon Land posts net profit of US$18.2m for Q2

Kangwon Land has shared its financial results for the second quarter of the year, reporting a net profit of KRW20.9bn (US$18.2m).

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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 Latin America, Focus Brasil, Focus Africa and Focus UAE – five daily releases focusing exclusively on these specific markets.