The operator of Casino Canberra has reported strong revenue for the quarter ended December 31.<\/p>\n\n\n\n\n\n\n\n
Australia.- Aquis Entertainment, operator of Casino Canberra, has posted record revenue for its last quarter of 2021. It also exceeded its budgeted EBITDA for the full year despite the closures during the third quarter as a result of Covid-19 countermeasures.<\/p>\n\n\n\n
Casino Canberra<\/a>\u00a0was allowed to reopen on a limited basis on October 29. Face masks were no longer mandatory outdoors and capacity limits for hospitality venues and major events were relaxed.\u00a0Total expenses were $4.2m, of which $3.2m was for payroll, the company said. It had other operating expenses of $980,000.<\/p>\n\n\n\n In 2020, the casino<\/a> was shut for almost four months due to lockdown measures, and the company cut around 90 per cent of its total workforce<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The operator of Casino Canberra has reported strong revenue for the quarter ended December 31.<\/p>\n","protected":false},"author":176,"featured_media":10913,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Aquis Entertainment, operator of Casino Canberra, reported record revenue for Q4 2021 and exceeded its full-year budgeted EBITDA, demonstrating robust operational recovery despite prior COVID-19 related closures. The casino's reopening on a limited basis in October, coupled with relaxed public health measures, significantly contributed to this improved financial performance.","focusai_entities":"Aquis Entertainment, Casino Canberra","focusai_location":"Australia, Canberra","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q4 GGR Drivers","query":"What specific gaming verticals or operational adjustments primarily contributed to Casino Canberra's record Q4 GGR, and how does this compare to pre-pandemic performance metrics?"},{"label":"EBITDA Margin Analysis","query":"Given the reported payroll and other operating expenses, what was the effective EBITDA margin for Q4 2021, and what are the projections for sustained profitability under current regulatory and market conditions?"}],"footnotes":""},"categories":[16336,157],"tags":[23787],"class_list":["post-26864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-aquis-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=26864"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26864\/revisions"}],"predecessor-version":[{"id":26906,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26864\/revisions\/26906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10913"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}