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Focus Gaming News Asia Pacific | Finance

Finance

Check the latest Finance news

07/22/22

IMF praises Singapore’s response to the Covid-19 pandemic

According to the IMF, the country’s economy was helped by a strong vaccination campaign, containment measures, and a robust policy support structure.

07/21/22

AGEM Index down by 71.71 points month-on-month in June

All but one company posted negative contributions to the AGEM Index.

07/21/22

Marina Bay Sands net revenue up 107.6% in Q2

Net revenue at Marina Bay Sands reached US$679m in the second quarter of the year.

07/21/22

Sands China posts net loss of US$422m for Q2

Sands China has reported a 144 per cent rise in net losses.

07/20/22

Analysts cut Genting Malaysia’s 2022 net profit estimations

CGS-CIMB has lowered its forecast by 51.5 per cent and reduced expectations for group-wide 2022 revenue.

07/19/22

NagaCorp posts GGR of US$237.4m for H1

NagaCorp has shared its financial and operating results for the six months ended June 30.

07/19/22
us1-billion-loss-for-macau-casinos-in-q2

Macau casinos likely to end 2022 with US$800m in EBITDA losses

07/18/22

Jumbo Interactive expects to post US$70.9m in full-year revenue

The Australian lottery firm expects to report a 27 per cent growth in revenue for fiscal year 2022.

07/18/22

HK Jockey Club posts record turnover of US$$17.8bn for 2021/22 season

The Hong Kong Jockey Club’s revenue grew 3 per cent when compared to the previous season.

07/14/22

Queensland gaming revenue up 17.3% in June

According to analysts, the majority of revenue came from the hotel sector. Clubs represented only 41.7 per cent of the market.

07/13/22

Cambodia’s casino tax revenue comes in below expectations in H1

First-half gaming tax revenue was just over eight per cent of the amount required by Cambodia’s budget law.

07/12/22

Sands China to receive US$1bn loan from Las Vegas Sands

Las Vegas Sands Corp. will provide Sands China with a subordinated unsecured term loan.

07/12/22

Macau GGR down 62% between July 1 and 10

Macau has recorded daily casino gross gaming revenue of MOP20m (US$2.48m) for the first 10 days of July.

07/08/22

S&P Global Ratings cuts Macau GGR forecast to US$1.08bn

Analysts at S&P Global Ratings have lowered their predictions for Macau’s gross gaming revenue in 2022.

07/08/22

Suncity shares jump by 137% after trade resumes

Company shares have begun trading again after nearly two months.

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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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Indonesia agriculture ministry fires 13 officials over online gambling

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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.