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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

07/04/24

Macau casino EBITDA to reach US$1.97 bn in Q2, analysts say

Morgan Stanley expects Macau’s gaming industry property EBITDA to be down 4 per cent quarter-on-quarter.

07/04/24

Grand Korea Leisure casino sales up 25.7% in June

Grand Korea Leisure has posted casino sales of KRW37.02bn (US$26.7m).

07/04/24
Commonwealth Casino Commission.

IRS files US$5.8m federal tax lien against CCC

07/01/24

Macau GGR up 16.4% year-on-year in June

Gross gaming revenue was down 12.4 per cent when compared to May.

07/01/24
LeoVegas considers bond issue to finance expansion

Far East Consortium posts full-year revenue of US$1.31bn

06/28/24

Macau Slot net profits up 15% in 2023

The sports betting concessionaire has reported MOP123.9m (US$15.4m) in net profits for 2023.

06/27/24

Macau GGR to reach US$28.7bn this year, Seaport Research Partners says

Analysts expect gross gaming revenue to be up 26 per cent in year-on-year terms.

06/25/24

Macau GGR estimated at US$1.66bn for first 23 days of June

Analysts at J.P. Morgan say GGR is at the lowest level in six months.

06/25/24

Emperor Entertainment posts full-year net profit of US$8m

That compares to a HK$128m loss (US$16.4m) in the last fiscal year.

06/20/24
Finance

Suntrust approves US$17m loan for Westside City casino

06/20/24
Commonwealth Casino Commission.

CCC seeks US$3.15m budget approval

06/19/24
LeoVegas considers bond issue to finance expansion

Moody’s assigns B1 rating to new MGM China new senior notes

06/18/24

Macau gaming tax revenue up 78.2% in first 5 months of the year

The government collected MOP37bn (US$4.6bn).

06/18/24

Paradise Co to start trading on KOSPI next week

The company’s stock will be transferred from KOSDAQ.

06/14/24
Money

New South Wales government considers rise in betting tax

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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.