11/03/20 Macau forecasts 2021 GGR at 45% of 2019 levels According to authorities, gross gaming revenues next year will remain lower than 2019 numbers as the economic crisis persists.
11/03/20 Wynn stock upgraded by analysts Morgan Stanley believes that a Democrat victory in the US could lead to a more favourable relationship with Chinese authorities.
11/02/20 Chinese lottery sales show improvement China’s national lottery has reported a month-on-month rise in sales for September.
11/02/20 Macau reports highest GGR since January Revenue for October reached MOP7.2bn, still down by 72.5 per cent year-on-year.
11/01/20 TAB NZ reports recovery in all segments Company profits for the first nine months of 2020 reached US$19.46m, US$4.9m above budget.
10/30/20 MGM China reports US$94.2m loss in Q3 The casino operator has published its latest financial report, showing a plunge in revenues by 94 per cent year-on-year.
10/30/20 SJM revenue drops 90% in Q3 The company is waiting for the final inspection on Grand Lisboa Palace to inaugurate in Q1 of 2021.
10/30/20 Reef reports strong financial position in Q3 The operator has shown a strong financial position since reopening its casino.
10/29/20 Wynn: analyst warns about risks of dividend resumption According to analysts, Wynn Macau should be cautious despite its strong financial position.
10/29/20 Lotto NZ reports “highest sales in company history” Sales for the year ending June 30 reached NZ$1.384bn (US$918.7m).
10/28/20 PAGCOR income from gaming down 60% The Philippines casino regulator has reported a 60 per cent fall in income from gaming operations in the first nine months of 2020.
10/28/20 Macau: 76% of investment comes from Cayman and BVI According to official data, most of the investment reported in the SAR last year came from offshore jurisdictions.
10/28/20 Ainsworth Game Technology revenue falls 36% Ainsworth’s chairman says the drop was mainly due to temporary closures of venues and customers’ reduction in capital expenditure.
10/27/20 Fitch downgrades Crown’s outlook after probe The ratings agency does not believe the operator will lose its casino licence but could suffer heavy fines and penalties.
10/23/20 Belle Corp net income plunges 96.4% The developer, which has an interest in City of Dreams Manila, has reported a fall in net income.