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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

04/17/20

Macau: 1Q19 GGR down 59%

Official numbers reveal GGR of just MOP$30.64 billion (€3.51 billion) in the first quarter of the year.

04/17/20

MGM China has cash reserves for 15 months

04/17/20

Sands China board rejects shareholder dividend

04/17/20

Wynn Macau to support employees

Gaming giant offers each of its 13,600 employees a MOP$1,000 (U$S 125) grant.

04/15/20

Macau: casinos to report break even EBITDA for 1Q

Morgan Stanley analysts estimate that Sands China and Galaxy Entertainment have performed best during the first quarter.

04/15/20

Scientific Games defiant in liquidity position

04/14/20

Macau to recover slowly in 2020, analysts say

Nomura analysts expect the sector to show signs of improvement after taking a big knock due to the Coronavirus crisis.

04/14/20
Bloomberry donated to help to contain the spread of Covid 19 in the Philippines.

Bloomberry to expand the scope of its portfolio

04/14/20

Philippines Senate wants to privatise all PAGCOR casinos

Senate Minority Leader says state-owned casinos should be sold to raise funds to help fight Covid-19.

04/09/20
The casino cruises operator decided to cancell all travels for two months after two ships were quarantined for Coronavirus outbreak.

Nomura: Cruise operators unlikely to go bust

04/09/20

“We estimate SKC’s monthly cash burn rate at around $35million”

04/08/20

Wynn Macau braces for 44% drop in Q1 revenue

Revenue is likely to be in the range of US$912million to US$969million for the first three months of the year, down from US$1.64billion in 1Q19.

04/08/20

GKL sales drop 72% in March

04/07/20
Macau government made a new forecast for 2020 as the economic impact of coronavirus pandemic changed the scenario.

Macau gaming revenues forecast halved

04/07/20

Philippine operators deliver aid during Covid-19 crisis

Gaming operators in the Philippines are continuing to pour financial aid into the economy to help mitigate the impact of Coronavirus.

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Highlighted Interview

Anestis Grazdanis, Altenar: “Managing risk during a World Cup is a balancing act between keeping your prices attractive and protecting your margin”

Anestis Grazdanis, Altenar: “Managing risk during a World Cup is a balancing act between keeping your prices attractive and protecting your margin”

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Thai police arrest PHAYAK789 admin over alleged online gambling operation

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