10/29/21 Belle Corp net income up 84% for the first nine months of 2021 Belle Corp has reported net income of PHP693.5m (US$13.8m) for the first nine months of the year, up 84 per cent when compared to 2020.
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.
