01/31/24 NagaWorld GGR to grow 26% in 2024, analysts say Analysts cite an improved mix of business travellers with higher spending power.
01/30/24 PAGCOR and PCSO call for lower taxes on winnings Legislation being considered by the Senate Committee on Ways and Means would simplify the tax rate on passive income to 15 per cent.
01/24/24 Delta Corp’s CFO foresees revenue rebound by Q3 2025 Anil Malani said the company is giving out one-time promotional chips to attract players back to its casinos.
01/18/24 LVS considers raising Marina Bay Sands revamp budget to US$4bn Deutsche Bank estimates that the budget could increase to US$4bn.
01/18/24 Grand Korea Leisure posts net income of US$32.8m for 2023 The South Korean casino operator has returned to profitability in 2023, posting a net income of KRW44.08bn (US$32.8m) for the full year, up 51.3 per cent year-on-year.
01/10/24 SJM Holdings’ deleveraging slower than competitors: Lucror Analytics Analysts pointed out the casino operator’s excess staff costs and Grand Lisboa Palace’s slow ramp-up contribute to financial pressures.
