10/28/21 PAGCOR posts US$2.1m in net income for Q3 PAGCOR has shared its financial results for the third quarter of the year, reporting net income of nearly PHP104.9m (US$2.1m).
10/27/21 Investment firm launches third Macau gaming fund Ossolinski Holdings has launched a third investment fund for “contrarian investors” who wish to invest in Macau gaming stocks during the current pandemic downturn.
10/27/21 Macau Gaming Tax revenue down 45.9% in September Macau’s tax revenue from the gaming industry declined 45.9 per cent month-on-month in September, from MOP3.27bn (US$408m) to MOP1.77bn (US$220.5m).
10/26/21 Macau GGR doubles in third week of October Macau’s GGR for the third week of October reached average daily revenue of MOP157m (US$19.6m), up 98 per cent when compared to MOP79m in the previous week.
10/22/21 Crown Perth gaming revenue down 9% in the last three months Crown Resorts has shared its financial results for its Perth venue at its annual general meeting.
10/21/21 Macau Jockey Club records US$212.5m in losses for 2020 The Macau Jockey Club has shared its financial results for the year 2020, reporting a MOP1.7bn (US$212.5m) loss.
10/21/21 Sands China posts US$423m net loss for Q3 Sands China has reported a net loss of US$423m for the third quarter of 2021, compared to a loss of US$166m in the previous quarter.
10/19/21 Macau GGR down 26% for Q3 Macau has reported gross gambling revenue of MOP$18.76bn (US$2.34bn) for the third quarter of the year, down 26 per cent quarter-on-quarter.
10/15/21 Okada Manila to go public by merging with SPAC Okada Manila has signed a US$2.6bn merger agreement with 26 Capital Acquisition Corp that will let the company go public in the United States.
10/14/21 Macau: IMF forecasts GDP growth of 20.4% for 2021 The International Monetary Fund has downgraded its predictions for Macau’s economy as the city has been heavily impacted by the Covid-19 pandemic.
10/13/21 Macau’s gaming market may not recover until 2025, analysts say Analysts at Sanford C. Bernstein predict Macau’s gaming market will return to pre-pandemic levels by 2025.
10/12/21 Delta Corp posts US$5.5m in gross income for Q3 The Indian gaming company reported a rise in gross income during the third quarter of the year.
10/07/21 IPI casino licence fee available for appropriation Governor Ralph DLG Torres has said that the remaining US$8m from IPI’s annual exclusive casino licence fee for its sixth year is now available for appropriation.
10/05/21 Genting outlook could be upgraded in six to nine months Fitch Ratings has reported that Genting’s outlook could be upgraded from negative to stable if the vaccination rate continues to rise in its key markets.
