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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

07/28/21

Melco Resorts posts US$566.4m in revenue for Q2

Melco Resorts & Entertainment has reported total operating revenues of US$566.4m for the second quarter of 2021, up 222 per cent.

07/27/21
Philippines New POGOs tax to be approved with minor changes

Philippines: POGOs tax to be approved with minor changes

07/24/21

Vietnam: Royal International reports 7th quarter of losses

Royal International has posted a VND18.4bn loss for the first quarter of the year due to continued border restrictions.

07/23/21

South Australia reports record player losses on “pokies”

07/23/21

Crown Resorts share price dips due to possible loss of licence

Crown Resorts’ stocks slipped after Adrian Finanzio, counsel assisting Victoria’s Royal Commission, said Crown Melbourne should lose its casino licence.

07/23/21

Macau maintains forecast of US$16.2bn in GGR for 2021

Lei Wai Nong, Macau’s secretary for economy and finance, still expects GGR to reach MOP130bn (US$16.2bn) for 2021 despite lower than expected results in the first half.

07/23/21

India analyses gambling taxation

India’s Goods and Services Tax (GST) Council is seeking to change the valuation and taxes for gambling, including casinos, online gambling and racecourses.

07/22/21

Problem Gambling Foundation concerned over New Zealand pokie profits

The Department of Internal Affairs (DIA) revealed poker machine operators in South Auckland generated NZ$21m in profits in the first quarter of the year.

07/20/21

Macau GGR up 6% for second week of July

Macau’s GGR in the second week of July was up 6 per cent when compared to the previous week.

07/17/21

Macau reaches US$2.11bn in mass-market GGR in Q2

Macau has reported that mass-market GGR for the second quarter of the year represented nearly 66.5 per cent of total casino gaming revenue.

07/16/21

Melco Resorts may perform well in Q3, analysts say

Bernstein has said that Melco Resorts may do well in the third quarter of the year fueled by premium mass revenue.

07/15/21

Macau’s 2025 GGR will be 25% higher than in 2019, analysts say

Sanford C. Bernstein has predicted that Macau’s GGR in 2025 could be 25 per cent than it was at pre-pandemic levels.

07/14/21

Okada Manila GGR down 49% in Q2

Universal Entertainment Corp has reported that Okada Manila’s GGR was down 49 per cent sequentially in the second quarter.

07/14/21

POGOs eye return to the Philippines

Following an exodus due to the Covid-19 pandemic, it seems POGOs are returning to the Philippines and are in need of space.

07/13/21

Melco CEO purchases US$6.7m worth in the company’s shares

Melco Resorts & Entertainment’s chairman and CEO has purchased US$6.7m worth of the company’s shares through the recently announced share purchase plan for eligible employees.

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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.