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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

10/24/24

Macau casinos: Sands China posts net revenue of US$1.77bn for Q3

Net revenue was down 1 per cent in year-on-year terms.

10/24/24

CNMI chief judge recuses herself from IPI bankruptcy case due to conflict of interest

Chief Bankruptcy Judge Robert J. Faris from the District of Hawaii has been appointed to preside over the matter.

10/24/24

Gambling in South Korea: Mohegan Inspire gaming table drop rises 181%

Mohegan Inspire’s table drop increased from US$30.3m in February to US$85.2m in August.

10/24/24

Casinos in Singapore: Marina Bay Sands revenue down 9.5% in Q3

Net revenue reached US$919m in the third quarter.

10/23/24

Macau casinos: CICC forecasts 5% growth for GGR in Q4

Analysts also predict a quarter-on-quarter increase of 4 per cent.

10/23/24
Economic graphic.

IMF lowers Macau GDP forecast for 2024

10/22/24
Bloomberry Resorts Corporation.

Bloomberry COO increases shareholding via Stock Incentive Plan

10/21/24

Macau casinos: GGR reaches US$1.8bn in first 20 days of October, analysts say

JP Morgan Securities (Asia Pacific) says daily average gross gaming revenue was MOP$730m (US$91.1m).

10/16/24
Financial graphic, a pen, and a dollar.

Macau casinos: GGR reaches US$1.37bn in first 13 days of October, JP Morgan says

10/16/24

Bloomberry secures US$1.24bn refinancing loan

The syndicated refinancing facility is intended to reduce debt service and improve cash flow.

10/16/24

Casinos in South Korea: Kangwon Land to repurchase US$29.5bn in shares

Kangwon Land will buy back 2.4m shares.

10/16/24
Finance

TRLEI GGR down 33.4% in Q3

10/15/24

Macau casinos: gaming taxes reach US$8.31bn in first 9 months of the year

Macau’s gaming tax revenue rose by 45.1 per cent year-on-year.

10/08/24

Macau casinos: daily GGR reaches US$130m in first 6 days of October

According to JP Morgan, it was the highest run-rate since the 2019 October Golden Week.

10/04/24

Gambling in South Korea: GKL casino sales down 16.9% in September

Grand Korea Leisure has posted casino sales of KRW34.3bn (US$25.7m).

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Highlighted Interview

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

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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 Latin America, Focus Brasil, Focus Africa and Focus UAE – five daily releases focusing exclusively on these specific markets.