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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

03/31/23

Success Universe posts US$36.57m loss for 2022

Success Universe has reported negative earnings of HK$46.2m (US$5.9m) at Ponte 16.

03/30/23

Summit Ascent posts profit of US$1.5m for 2022

The profit compares to a US$29.3m loss in 2021.

03/30/23

MGM China sees little chance of recovering losses from Suncity

MGM China says the possibility of recovering losses through its litigation against the defunct junket operator is remote.

03/29/23

Paradise Entertainment posts US$19.7m loss for 2022

Paradise Entertainment saw its loss attributable to owners increase by 79.5 per cent.

03/28/23

APE posts net loss of US$1.9m for 2022

The company reported revenue of HK$10.5m (US$1.3m), up 37.7 per cent from the prior year.

03/20/23

LET Group expects to post US$52.1m loss for 2022

However, revenue was up despite Covid-19 impacts.

03/20/23

Macau GGR for first 19 days of March reaches US$845.1m

Analysts at JP Morgan Securities have reported that Macau’s GGR reached MOP357m a day.

03/15/23

Summit Ascent expects to post profit for 2022

Summit Ascent Holdings has announced that it expects to report a turnaround for the last financial year.

03/14/23
LeoVegas considers bond issue to finance expansion

Jeju Dream Tower casino net sales up 107.7% in 2022

03/08/23

SJM posts net gaming revenue of US$780m for 2022

Net gaming revenue was down 36.6 per cent when compared to the previous year.

03/07/23

SJM Holdings expects to record US$993m loss for 2022

The increased loss is the result of additional impairment charges related to the refurbishment of its Jai-Alai property.

03/07/23

AGEM Index down 0.2% in February

The AGEM Index decreased by 1.51 points to 950.91.

03/06/23

Chinese lottery sales up 7.8%

According to the Ministry of Finance, China’s lottery ticket sales reached CNY33.22bn in January.

03/03/23

City of Dreams Manila posts revenue of US$95.2m for Q4

Operating revenue was up but adjusted EBITDA fell.

03/03/23

Grand Korea Leisure casino sales up 437.2% in February

Grand Korea Leisure Co casino sales reached KRW36.77bn (US$28.3m).

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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.