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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

05/05/20

Thailand: lottery sellers call for govt support amid crisis

Lottery sellers asked authorities to be allowed to sell tickets in the shops that are already opened following the first loosening of lockdown measures in the country.

05/05/20

SJM Holdings reports US$53m loss in 1Q20

Operators reports a 148 per cent year-on-year drop in net profits due in part to the ongoing Coronavirus crisis.

05/04/20

Crown announces pre-Coronavirus profits

Crown Resorts reports profit after tax for the financial year (ending 30 June 2020) of approximately AU$210million.

05/04/20

Macau: GGR tumbles 96.8% in April

Macau GGR hits just MOP754 million (US$94.4million) as the impact of the Coronavirus crisis continues to be felt.

05/04/20

MGM China revenues down 63% in 1Q20

Total revenue for the period reached US$273million with an EBITDA loss of US$22million.

04/29/20

Guandong recovery good for Macau, analysts say

Recovery in Fujian and Guandong provinces is expected to be among the fastest, according to research from Sanford C. Bernstein.

04/28/20

PAGCOR profits drop 50% in Q1

Profit for the period fell by 49.9 per cent to Php777.4million (US$15.3million).

04/24/20

Macau to see “sequential recovery” throughout 2021

According to Union Gaming analysts, the Macau gaming industry could see a post-Coronavirus recovery throughout 2021.

04/23/20

Vietnam: Royal International reports big losses for 1Q20

Operator posts a €2.8million loss in the first three months of the year, which it has attributed to the Coronavirus crisis.

04/22/20

Macau GGR to increase in June, Bernstein says

Bernstein analysts expect gaming revenues to grow once border restrictions have been lifted

04/22/20

Poker machine revenue losses hit $1.5n in Aus

Figures from the Alliance for Gambling Reform (AGR) show just how big an impact the Coronavirus lockdown is having on gambling in the country.

04/21/20

Macau considers reducing gaming tax

Ho Iat Seng considering measures to help operators survive the impact of the Coronavirus outbreak.

04/21/20

Macau economy set to contract 24% in 2020

Fitch Ratings revealed a report where explains the dependence on gaming revenue will drive the city to a fall in economy.

04/20/20

Macau gaming taxes down 37% in 1Q 2020

Gaming taxes collected in the first three months of the year total just MOP18.4 billion (€2.1billion).

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.

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.