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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

07/13/21

Macau GGR up 16% for first week of July

Macau’s GGR was up 16 per cent when compared to the last week of June and up 29 per cent from June overall.

07/13/21

Delta Corp posts losses for Q1 due to Covid-19 closures

The Indian gaming company reported a net loss of Rs28.93 crore during the first quarter of the year.

07/08/21

Sands China extends waiver period for credit facility

Sands China has announced it has entered into a further waiver extension.

07/08/21

Macau gaming tax revenue collection reaches US$2.46bn in H1

Macau’s government collected MOP19.64bn (US$2.46bn) in tax revenue from the gaming industry during the first six months of the year.

07/08/21

Macau GGR to reach pre-pandemic levels by 2024, analysts say

Fitch Ratings Inc predicts Macau’s gross gaming revenue (GGR) will return to 2019 levels by 2024.

07/06/21

Grand Korea Leisure posts sales of US$13.1m in June

Grand Korea Leisure (GKL) has reported KRW14.82bn (US$13.1m) in sales for June.

07/05/21

Crown Resorts expects to post full-year net debt of US$676m

Crown Resorts expects to report a net annual debt of AU$900m when it publishes its financial results on August 30.

07/03/21

Macau VIP GGR to reach 20% of pre-pandemic levels in Q2, analysts say

JP Morgan Securities estimates that Macau’s VIP gross gaming revenue (GGR) will only reach 20 per cent of pre-pandemic levels during the second quarter of the year.

07/03/21

Paradise Co revenue up 16.1% in June

Paradise Co has shared its financial results for June, reporting a 6.1 per cent rise in casino revenue from the previous month.

07/01/21
Donaco International

Donaco gets permission to reschedule repayment of debts

07/01/21

Kingston Financial posts full-year revenue of US$265m

Kingston Financial has published its annual results for the year ending March 31, reporting a 90 per cent decline in profit.

07/01/21

Century Entertainment posts full-year losses of HK$43m

Century Entertainment has revealed financial results for the fiscal year ending March 31, reporting a net loss of HK$43m.

06/26/21

Kingston Financial expects 90% decrease in net profits

Kingston Financial Group has announced it expects a 90 per cent decrease in revenue for the fiscal year.

06/24/21

Emperor Entertainment posts annual net loss of US$22.9m

Emperor Entertainment has shared its financial results for the year ending March 31, reporting a net loss of HKD177.6m (US$22.9m).

06/18/21

Century Entertainment expects to post full-year losses of HK$40m

The company has published a profit warning forecasting losses of HK$40m for the year ending March 2021.

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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.