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.
01/04/24 Grand Korea Leisure casino sales up 49.8% in 2023 Grand Korea Leisure has reported casino sales of KRW397.35bn (US$303.8m).
01/03/24 Paradise Co posts casino revenue of US$567.8m for 2023 The South Korean casino operator’s revenue was up 112.8 per cent year-on-year.
01/03/24 Jeju Dream Tower casino sales up 248.7% in 2023 Casino sales reached KRW152.30bn (US$116.1m).
01/02/24 Wynn Macau to pay HUS$140m for trademark use in 2024 The annual rights fees have been renewed.
12/22/23 Citi Research sees LVS and MGM as “consumer cyclical star” for 2024 They are positioned third and fourth in the list.
