03/27/20 MGM downgraded by Fitch Ratings Fitch agency revealed that MGM Resorts fell in its rankings because of a “decreased financial flexibility” to face coronavirus crisis.
03/27/20 Korean casinos’ first losses estimations South Korea’s casinos will feel the impact of the closure that has been extended until April.
03/20/20 Macau halves 2020 forecast The government now expects GGR to reach MOP130 billion (€14.8 billion) for the full year.
03/20/20 Success Universe expects 2019 profit boom Macau’s Ponte 16 investors expect to see profits jump 30-40% for FY19.
03/19/20 SJM Holdings profits hit €376.2 million in 2019 Casino operator SJM Holdings saw profits rise 12.5% year-on-year.
03/18/20 Analysts: Genting among hardest hit by Covid-19 Analysts reiterate call to “sell” as gambling operator continues to struggle amid the Coronavirus crisis.
03/17/20 PAGCOR makes second donation to relief efforts Regulator donates additional PHP500 million (€8.6million) to help the government.
03/17/20 Delta Corp share price falls 8% as Sikkim casino closes Delta Corp forced to close its casino in Sikkim as part of efforts to halt Coronavirus.
03/17/20 Macau: GGR to dip 80% in March According to analysts, the month will end with slightly better results but the overall market is “still bad”.
03/13/20 Okada Manila posts strong financial results in February Casino operator sees GGR jump 38 per cent year on year to PHP3.3 billion (€57.4 million).
03/12/20 S&P: Genting set for a tough 2020 Credit assessment agency, Standard & Poors, expected revenues to drop 25% due to Coronavirus crisis.
03/12/20 MGM China share price hits four year low Other gaming operators have also suffered major declines in the value of their stock amid the Coronavirus outbreak.
03/12/20 PAGCOR targets €5 billion in GGR this year Figure is a major increase on last year but whether it can be achieved remains in doubt due to Coronavirus.
03/11/20 TransAct 2019 profits plummet 90.5% Profits swing from S$5.43million in 2018 to just $516,000 in 2019.
03/11/20 Landing International issues profit warning Gaming investor and casino operator Landing International has informed that revenues for FY2019 will be flat.
