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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

04/07/20

Donaco losing €800k a month due to casino shutdown

Losses attributed to zero revenues and costs associated with maintaining its properties.

04/07/20

Macau: GGR set to fall 95% in April

Estimated decline is based on revenues generated from April 1 to April 5 with just MOP500million recorded.

04/02/20

Macau: April GGR could hit zero

JP Morgan analysts paint a bleak picture for gaming in Macau.

04/01/20

Macau gambling revenue plunges by almost 80%

The world’s biggest gambling hub generated 5.26billion patacas (HK$5.1billion) in March.

04/01/20

Melco International profits up 10% for FY19

Gaming giant profits hit HK$1.8billion (€211million) off the back of a 10.5% jump in net revenues to HK$45billion (€5.2billion).

04/01/20

Star Entertainment cancels dividend

The company will not pay its usual year-end shareholder dividend due to Coronavirus.

03/31/20

IPL players may not get paid

Indian Premier League hangs in the balance with players unlikely to be paid if the season does not take place.

03/31/20

Southeast Asia stocks record worst month since 2008

Coronavirus pandemic has hit stocks hard but there are small signs of improvement.

03/31/20

Macau: VIP to recover faster from crisis

Analysts say Macau VIP sector could recover faster from The Coronavirus crisis.

03/31/20

Suncity Group cuts senior staff salaries

Macau junket decided cuts pay for senior managers amid Coronavirus crisis.

03/31/20

Sands China granted loan exemption

Operator granted relief over certain terms to its $US2billion revolving credit facility.

03/30/20

Macau: hotel occupancy tumbles in February

According to the government, the city recorded 77% decline in hotel occupancy rates during the month.

03/27/20

Macau Legend reports losses for FY19

Macau Legend revealed its financial results and explained the reasons for its losses.

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.

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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.