09/10/20 Wynn downgraded over Macau performance Goldman Sachs has dropped the US-based operator’s rating from “buy” to “hold”.
09/09/20 Chinese lotteries see double-digit growth Lottery sales were up 10.4 year-on-year in July, mainly due to the rise in sports lottery sales as events returned around the world.
09/08/20 Macau: September GGR to double August’s Analysts say early September numbers nearly double casinos’ average daily GGR rate for August.
09/08/20 AGEM index continues recovery The AGEM Index has seen stock prices climb 14.5 per cent since July.
09/08/20 Paradise Co. sales down 75% in August Financial results show a 75 per cent year-on-year drop in casino sales for the South Korean operator.
09/07/20 Macau: Galaxy to avoid “excessive” cost cutting The chairman of the casino company says Galaxy will “not cut costs excessively” in order to maintain customer service capacity.
09/04/20 South Korea: New Silkroad reports losses for H1 The casino company, which operates a resort on Jeju Island, has revealed financial results for the first half.
09/03/20 SkyCity reveals full-year results The casino resorts company saw revenues rise but profits fall in its 2019/20 financial year.
09/03/20 NZ racing minister asks TAB to aid industry TAB NZ will have to present a report and a contingency plan by the end of the year.
09/02/20 HK Jockey Club annual revenue down 11.6 per cent Total revenue for the past fiscal year amounted to HK$218,749 million (US$28.2 billion), mostly from horse racing.
09/02/20 Donaco narrows losses as revenues drop 38% The Australian operator’s casino in Vietnam is running limited operations and its casino in Cambodia remains closed.
09/01/20 Macau GGR down 94.5% in August Gross gaming revenues is down by more than 90 per cent year-on-year for a fifth consecutive month.
09/01/20 Suncity posts 69.5% drop revenue for H1 Revenues fell to RMB93.7m (US$13.6m), while gross profits dropped 45.8 per cent to RMB28m (US$4m).
08/31/20 Success Universe reports US$17m net loss for H1 Casino operator Success Universe, responsible for Ponte 16 casino, has reported revenue of HK$333.8 million for the first half.
08/30/20 Ainsworth full-year revenues down 36% The company eliminated 107 positions globally and employees took voluntary pay cuts to save US$7.3 million in costs.