08/06/20 Macau to recover faster than Las Vegas, analyst says According to a professor and tourism expert, Macau will recover from the impact of the Covid-19 pandemic faster than Las Vegas.
08/06/20 Paradise Co. sales show monthly improvement Revenues for the first seven months of 2020 remain 47.5 per cent below the same period in 2019.
08/06/20 Asian gaming provider stock climbed in July The AGEM Index increased by 13.55 points in July to 420.86, up 3.3 per cent on June.
08/05/20 Wynn Macau reports US$351m loss for Q2 Wynn Macau casino and resort has revealed financial results for the second quarter of the year showing a net loss of US$351 million.
08/05/20 Macau: 338 companies closing in H1 According to the Statistics and Census Bureau, 338 firms in the city of Macau were in the process of closing down in the first half of the year.
08/05/20 GKL financial results show slight recovery The company managed to increase casino sales last month, although numbers remain low compared to last year.
08/05/20 Melco to make US$500m notes offering Melco has announced an international offering of 5.750 per cent senior notes due 2028, with proceeds to be used for general corporate purposes.
08/04/20 Tabcorp expects 31% fall in net profits The Australian gaming company is factoring in the impact of Covid-19 on its business, as the economy sees a retail contraction and continuing uncertainty.
08/03/20 Genting HK expects steep loss for first half of 2020 Casino operator Genting Hong Kong has announced it expects a “significantly higher” loss for the first six months of the year.
08/03/20 Macau GGR recovers slightly in July Gross gaming revenue in Macau for July remained down 94.5 per cent year-on-year but climbed 87.7 per cent on June’s total.
08/02/20 Macau casinos could break even in September Analysts at Credit Suisse believe easing of restrictions and issuing of non-tourism visas from mainland China will improve VIP revenues.
08/02/20 Donaco reports 95.5% drop in revenue for Q2 Donaco’s Cambodia IR remains closed and visits to the Vietnam casino are low since the border with China remains closed.
07/31/20 Belle Corp gaming revenue plummets Gaming revenue from City of Dreams Manila was down 87 per cent in the first half compared to the same period in 2019.
07/30/20 PAGCOR reports US$32.5m loss in first half The operator and regulator looks to have lost US$48m in the second quarter of the year as most of Manila’s casinos remain closed due to Covid-19 measures.
07/29/20 Royal International posts US$2.3m loss The group’s finances have been flagging since last year. It cut 300 jobs in the first half of 2020.
