The operator of Casino Canberra says business has been strong since the Australian Capital Territory have eased Covid-19 countermeasures in January.<\/p>\n\n\n\n\n\n\n\n
Australia.-\u00a0Aquis Entertainment\u00a0<\/strong>has reported that business activity for the first quarter of the year showed a recovery to pre-pandemic normality after the lifting of Covid-19 measures in the Australian Capital Territory.<\/p>\n\n\n\n It said that revenue from Casino Canberra was strong from February onwards and that trading results for the quarter ending March 31 exceeded budget EBITDA. Total operating expenses for the quarter were $9.607m, of which labour costs were $3.976m and other operating expenses were $5.631m.<\/p>\n\n\n\n In 2021, the company posted revenue of $25.2m<\/a>, up 33 per cent year-on-year. EBITDA for the year was a profit of $3.3m after Casino Canberra<\/a> was allowed to reopen on a limited basis on October 29 2021.<\/p>\n","protected":false},"excerpt":{"rendered":" The operator of Casino Canberra says business has been strong since the Australian Capital Territory have eased Covid-19 countermeasures in January.<\/p>\n","protected":false},"author":176,"featured_media":18925,"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's Casino Canberra reported robust Q1 performance, exceeding budget EBITDA, following the Australian Capital Territory's easing of COVID-19 restrictions in January. This recovery signifies a return to pre-pandemic operational normality and strong revenue generation from February onwards.","focusai_entities":"Aquis Entertainment, Casino Canberra","focusai_location":"Australia, Australian Capital Territory, Canberra","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.95), investor_analyst (0.9), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Q1 Revenue Drivers","query":"What specific gaming verticals or operational efficiencies primarily contributed to Casino Canberra's Q1 revenue exceeding budget EBITDA post-restriction easing?"},{"label":"Future Regulatory Impact","query":"How might potential future regulatory adjustments within the Australian Capital Territory impact Aquis Entertainment's long-term growth trajectory and governance frameworks?"}],"footnotes":""},"categories":[16336,157],"tags":[23787],"class_list":["post-29582","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\/29582","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=29582"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29582\/revisions"}],"predecessor-version":[{"id":29599,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29582\/revisions\/29599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18925"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}