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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

05/27/21

Dynam: pachinko revenue down 31%

The Japanese pachinko hall operator’s net profits dropped 82 per cent year-on-year for the year ending March 31.

05/27/21

Genting Malaysia revenue down 68% in Q1

The company saw a decline in revenue because of restrictions to contain the Covid-19 pandemic.

05/22/21

Resorts World Manila revenue down 24% in Q1

Travellers International, the operator of Resorts World Manila, has reported a loss of PHP1.1bn (US$23.0m) for the first quarter.

05/22/21

South Shore expects to post US$122.4m full-year loss

The owner of The 13 Hotel in Macau has issued a profit warning.

05/20/21

Genting Malaysia stock down 5% after rise in Covid-19 cases

Malaysia is facing a rise in Covid-19 cases and authorities are evaluating a stricter lockdown which could affect Genting Malaysia’s operations.

05/17/21

Universal Entertainment posts US$48m loss for Q1

Universal Entertainment has reported a net loss of JPY5.2bn (US$48m) for the first three months of the year due to the Covid-19 pandemic.

05/17/21

MGM China lists US$750m in senior notes

MGM China has announced it has listed US$750m in senior notes on the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co.

05/14/21

APE revenue down 15.3% in Q1

Asia Pioneer Entertainment Holdings (APE) has reported a net loss of HKD4.34m (US$558,989) for the first quarter of the year.

05/13/21

ILGA orders Crown Melbourne to pay AU$22.5m

The Independent Liquor and Gaming Authority (ILGA) has fined Crown Melbourne AU$22.5m (US$17.3m) following its inquiry into the casino operator.

05/13/21

Galaxy Entertainment revenue up 5.6% in Q1

Galaxy Entertainment has experienced a slight recovery in gaming revenue thanks to the increase in visitor arrivals.

05/13/21

Macau: SJM raises US$160m from new senior notes

SJM Holdings has announced it has raised nearly HK$1.24bn (US$160m) and MOP298m (US$12.3m) after the issuance of senior notes due 2026.

05/13/21

Paradise Co posts losses of US$16.2m for Q1

Paradise Co has reported a loss of KRW18.2bn (US$16.2m) for the first quarter of the year.

05/12/21

Wynn Macau reports US$417m revenue for Q1

Wynn’s two Macau properties have reported nearly US$417m in operating revenue for the first quarter of the year.

05/12/21

Resorts World Manila revenue up 33% in Q4

Resorts World Manila has reported net gaming revenues of PHP9.4bn (US$196.3m) for 2020 amid the Covid-19 pandemic and several lockdowns throughout the year.

05/12/21

Kangwon Land sales down 58.7% in Q1

Kangwon Land has reported a net loss of KRW40.9bn (US$36.6m) for the first quarter of the year.

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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.