10/03/22 POGO tax payments total US$75m for first eight months of the year The Philippines’ tax collections from POGOs have already exceeded 2021 revenues.
09/29/22 Macau GDP could fall by up to 29.2% this year, analysts say The University of Macau has predicted that economic growth in the city will decline by between 26.4 per cent and 29.2 per cent year-on-year.
09/28/22 Macau to reach pre-pandemic levels in early 2023, analysts say BofA Securities predicts that GGR in early 2023 could exceed results from May 2021, the best monthly performance since the Covid-19 pandemic began.
09/26/22 Fitch Ratings upgrades Genting Malaysia’s outlook to “stable” Genting Malaysia’s second-quarter 2022 results showed a robust recovery in gaming revenue, according to Fitch.
09/21/22 Macau gaming tax revenue down 44.2% for first eight months The government has collected just under MOP14.51bn in direct taxes on gaming.
09/20/22 Landing International revenue up 45.1% in H2 The company attributed the growth in consolidated revenue to the increase in domestic consumption at Jeju Shinhwa World.
09/09/22 MGM China posts net loss of US$306m for H1 Net revenues declined 33.4 per cent year-on-year from HK$4.13bn ($527m) to HK$2.75bn ($351m).
09/05/22 Premium Leisure Corp posts net profit of US$14.7m for H1 Premium Leisure Corp attributed the improvement in revenues to more robust economic activity in 2022 despite the continuing effects of the Covid-19 pandemic.
09/05/22 Grand Korea Leisure casino sales down 19.9% in August Grand Korea Leisure Co Ltd (GKL) has reported a 19.9 per cent month-on-month decline in casino sales to approximately KRW22.91bn (US$16.7m).
09/05/22 Paradise Co revenue up 89.3% in August The South Korean casino has reported that revenue was up 89.3 per cent month-on-month at KRW50.76bn (US$37.3m).
09/02/22 Macau: analysts remain optimistic about September GGR The reopening of borders offers some hope for a rebound in gaming revenue.
