05/24/22 Macau GGR up 100% in third week of May However, monthly GGR looks set to be down 85 per cent when compared to pre-pandemic levels.
05/20/22 Digital RMB could benefit Macau gaming, Bernstein says Bernstein’s analysed how going cashless might affect Macau’s gambling economy, and its analysts believe it could revitalise the sector.
05/18/22 PH Resorts net losses widen in Q1 The company’s loss in the period widened to PHP109.1m (US$2m).
05/17/22 Universal Entertainment report shows positive net income for Q1 Universal Entertainment Corp has posted net income of JPY10.9bn (US$84.m) for the quarter ending March 31.
05/11/22 Grand Korea Leisure casino sales up 612.3% in Q1 GKL has reported that net casino sales from its three venues rocketed 612.3 per cent when compared to last year.
05/11/22 Kangwon Land GGR down 10.1% for Q1 Kangwon Land has shared its financial results for the first quarter of the year. GGR was down 10.1 per cent sequentially but up 116.7 per cent year-on-year.
05/04/22 Grand Korea Leisure casino sales down 80.6% in April Grand Korea Leisure has reported casino sales of KRW5.77bn (US$4.6m) in April, down 80.6 month-on-month.
05/03/22 SJM Holdings GGR down 4.2% in Q1 The Macau casino operator has reported gross gambling revenue of HK$2.54bn for the first quarter of the year.
04/25/22 Analysts at JP Morgan raise concerns about SJM Holdings’ liquidity According to analysts, SJM Holdings has only about six months of liquidity runway.
04/21/22 Macau casino stocks rise after easing of Covid-19 countermeasures The shares of Macau casino operators rose between 4 and 8 per cent. The Hang Seng Index rose by 1 per cent.
04/21/22 Bloomberry’s board approves amendment to stock incentive plan Bloomberry Resorts Corp’s board of directors has approved revisions to the company’s stock incentive plan, which now excludes directors.
04/12/22 Macau GGR won’t return to pre-pandemic levels until 2027, UBS says The financial services company says Macau GGR for 2022 will be at 34 per cent of 2019 levels.
04/11/22 Seized IPI funds to be released to Red Coral Corp Chief Justice Ramona Manglona has ordered the clerk of court to transfer the $9,387 of funds seized from IPI’s bank account to Red Coral Corp.
