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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

03/18/21

Genting Malaysia earnings to fall 10% in 2021, analysts say

Genting Malaysia continues to feel the impact of the Covid-19 pandemic. but earnings should improve during the second quarter.

03/17/21

APE to record loss before tax of US$4.1m for 2020

APE’s gross profit has decreased by approximately 63 per cent year-on-year.

03/16/21

Genting Hong Kong expects US$1.5bn net loss for 2020

Casino cruise ship operator Genting Hong Kong expects to report a net loss of at least US$1.5bn due to the impact of Covid-19.

03/16/21

Macau GGR up 6% in second week of March

Macau gross gambling revenue continues to improve but remains a long way below previous years.

03/10/21

NagaCorp pays H2 profits to shareholders after 2020 results

NagaCorp will pay 100 per cent of net profits from the second half of 2020 to thank “loyal” shareholders for their support during the Covid-19 crisis.

03/10/21

Gamesys revenue soars on back of Jackpotjoy merger

Gamesys has been expanding in Asian markets with the launch of its InterCasino brand.

03/10/21

Macau GGR up 19% in first week of March

Revenues reached MOP$1.8bn (US$225m), 19 per cent higher than in the final seven days of February.

03/09/21

NagaCorp reports US$101.4m profit for 2020

NagaCorp has reported a profit for the full-year 2020 despite the impact of the Covid-19 pandemic.

03/09/21

Bloomberry returns to positive EBITDA

The Philippines casino operator saw a notable improvement in operating revenue for the fourth quarter of 2020.

03/09/21

Macau GDP decline slows in Q4

Macau saw a smaller decline in the final quarter of 2020 than in preceding quarters.

03/06/21

IEC chairman sells 19% stake in company

No reason was given for the sale, which is worth HK$228.8m.

03/06/21

Landing International expects 3% decline in revenue for 2020

Casino investor Landing International expects to report a decline in revenue but a lower net loss than in 2019.

03/04/21

Lotte Tour Development reports US$70m net loss

Analysts attribute the loss to the Covid-19 pandemic and costs associated with the opening of Jeju Dream Tower.

03/04/21

Synectics reports annual loss of £4.7m

The electronic surveillance equipment supplier has seen major losses as land-based gambling activities decline across Asia.

03/03/21

Paradise Co February sales down 36.5%

Financial results show a 36.5 per cent month-on-month drop in casino sales for the South Korean operator, Paradise Co.

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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.