11/27/20 Genting Malaysia narrows losses in Q3 The casino operator saw revenue start to recover after the reopening of Resort World Genting.
11/27/20 Emperor’s GGR down by 90% in H1 The Macau operator has said losses amounted to US$18.3m for the six months ending on September 30.
11/26/20 Macau gaming sector likely to see recovery from H2 2021 According to Fitch, the recovery will be boosted by the easing of travel restrictions with Hong Kong and the availability of a vaccine.
11/26/20 Fitch places Crown under negative ratings watch The ratings agency has downgraded the operator again, fearing it could be hit by to fines or other sanctions from regulators in various states.
11/25/20 Macau’s flagship carrier seeks cash injection Air Macau, the SAR’s flagship carrier, is looking to increase capital after huge losses during the pandemic.
11/25/20 Casinos in Philippines record US$331.5m GGR in Q3 According to information released by PAGCOR, the casino sector saw a decent start to operations in the quarter.
11/24/20 GKL expects US$ 4.6m losses due to new lockdown The casino operator has confirmed the suspension of activities at its gaming venues in Seoul due to the new lockdown mandated by authorities.
11/24/20 500.com revenue up 69.4% on previous quarter The Chinese lottery services provider showed improvement in its Q3 results but was still down 37% on the same period in 2019.
11/20/20 Macau visitor spending falls in Q3 According to information released by the Statistics and Census Service, visitor spending decreased in the three months from July to September.
11/20/20 Macau VIP GGR to recover only in 2023, analysts say According to a report by brokerage Sanford Bernstein, VIP gross gaming revenue will not show a recovery until 2023.
11/19/20 Philippines could net US$373m in e-sabong taxes The market is estimated at US$3.1m a day for each operator, and the collection could be even bigger if service providers are also taxed.
11/18/20 Macau CE says economic recovery depends on vaccine The chief executive of the SAR, Ho Iat Seng, says a vaccine is vital to the recovery of the economy.
11/17/20 Macau GDP to fall 60% in 2020 The chief executive of the SAR predicts a slow recovery for an economy severely hit by the Covid-19 pandemic.
11/17/20 Macau: November results “disappointing”, analyst says According to Sanford C. Bernstein, results for the first 15 days of November were down on the previous month.
11/17/20 Genting Singapore returns to profit in Q3 Casinos reopened in July but remain 41 per cent down in gaming revenues.
