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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

05/12/21

GKL casino posts losses of US$33.4m for Q1

Grand Korea Leisure (GKL) has reported a net loss of KRW37.43bn (US$33.4m) for the first quarter of 2021.

05/11/21

Genting Hong Kong creditors to accept recapitalisation package

Genting Hong Kong continues to deal with the impact of Covid-19 countermeasures.

05/10/21

Bloomberry GGR up 29% in Q1

The Philippine casino operator has revealed financial results for the first quarter of the year.

05/07/21

The Star revenue up 37% for January to May

The Star Entertainment Group has reported that domestic gaming revenue was up 37 per cent during the second half of the 2020/2021 financial year.

05/06/21

Philippine GGR reaches US$536.2m in first quarter of 2021

The Philippines’ licensed casinos reported an increase in GGR of 19.0 per cent compared with the previous quarter.

05/04/21

Paradise Co revenue down 34.4% in April

Financial results show a 34.4 per cent fall in casino revenue for the South Korean operator, Paradise Co.

05/01/21

Donaco revenue falls to AU$2.8 in Q1 due to Covid-19 restrictions

Donaco’s Star Vegas casino remains closed until further notice due to a spate of Covid-19 cases.

05/01/21

Emperor Entertainment expects annual net loss of US$24.5m

Emperor Entertainment attributed losses to travel restrictions through most of the fiscal year.

04/29/21

MGM China revenue up 8.8% in Q1

MGM China has reported that revenue for the first quarter of 2021 reached HKD2.30bn (US$296.4m), with EBITDA of HK$84.3m (US$10.8m).

04/29/21

Macau: Melco Resorts revenue down 36% in Q1

Melco Resorts & Entertainment has announced that Q1 revenue was down 36 per cent year-on-year but that its net loss has narrowed.

04/28/21

Delta Corp asks for waiver on licence fees

As India faces a rapid rise in Covid-19 cases, Delta Corp has asked authorities for a waiver on licence fees due to the impact on its venues.

04/23/21

Queensland’s Reef Casino reports a profit in Q1

The Australian casino’s operator said it turned a profit of AU$2.8m in the first quarter of 2021.

04/23/21

Sands China reports revenue of US$771m for Q1

Sands China has seen revenue start to recover, with the premium-mass segment reaching half pre-Covid-19 levels.

04/22/21

Royal International reports loss for sixth consecutive quarter

The Vietnamese casino operator Royal International has reported a post-tax loss of US$1.17m for the sixth consecutive quarter.

04/22/21

Macau: suspicious transactions reports up 7.9% in Q1

The gaming industry filed 362 suspicious transactions reports in Macau in the first three months of 2021, up 1.5 per cent year-on-year.

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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.