06/18/20 SkyCity seeks to raise NZ$230 million The group is seeking to strengthen its balance sheet in response to uncertainty around the impact of Covid-19.
06/18/20 Okura Holdings issues profit warning The company has presented a pessimistic outlook on finances for May 2020 and June.
06/16/20 Wynn Macau expects US$740 million from new notes The company run by Wynn Resorts has entered into an agreement with Deutsche Bank.
06/16/20 Donaco lender defers payments The casino operator confirms its largest lender has agreed to defer $US5 million principal payment.
06/13/20 Wynn Macau looses US$2 million a day in April – May The operator saw loses of US$2 million a day on average in April and May. totalling US$61.2 million per month.
06/12/20 Expenses more than double revenue at MGM China MGM’s latest figures show operating revenue of HKD122.5 million in April.
06/11/20 PAGCOR expects P2.5 billion in remainder of 2020 The total for the year will be significantly less than the P5.73 billion the agency cashed last year.
06/09/20 Melco approves final dividend for shareholders Melco had suspended its quarterly dividend programme after reporting a US$364 million net loss in the first quarter.
06/09/20 Macau gambling tax revenue plunges in May Revenue fell by 65% in May and totalled MOP 21.0 billion (US$2.6 billion) during the first five months this year.
06/06/20 Casino suppliers’ stock value recovered in May Stock value remained down 16% in May 2019 but marked recovery after April.
06/05/20 DoubleDown Interactive files for IPO The Seoul-based developer is seeking to raise up to $100 million in IPO on New York’s Nasdaq.
06/04/20 Paradise Co. sales recover in May The South Korean casino operator’s numbers were down 51% on last year but mark a recovery after April.
06/03/20 Sega Sammy to exercise “sound cash management” on Japan IR The Japanese entertainment giant said the government and corporations are working to avoid a worst-case scenario in the spread of COVID-19.
06/03/20 Suncity Group increases stake in Summit Ascent The Hong Kong-based holding has invested around US$160 million in the owner of Russia’s Tigre de Cristal casino resort.
06/02/20 Sands China loses US$180 million to COVID-19 The Macau operator has issued a financial statement detailing the impact of the pandemic on its revenue in the first quarter of 2020.