According to Bernstein Research, VIP and premium players drive 70% of Macau’s gaming market, contributing to most of its gross gaming revenue.
Category: Finance News
Ohio’s revenue up in August
The gambling revenue in Ohio posted a 4.2% increase in August and totalled US$164.4 million, according to the state regulator.
Suncity Group foresees revenue drop
Head of junked operator Suncity Group forecasted that VIP gaming revenues in Macau are likely to drop 15% in 3Q and 20% in the 4Q.
Maryland casinos report successful performance in August
The casinos in the state registered their fourth-best month in August, according to the Maryland gambling regulator.
Casino Canberra reports losses
The first half of the year has brought negative results for Casino Canberra as it reported losses and a fall in revenue.
Foreigner casinos post higher revenues in South Korea
Companies operating Foreigner-only casinos in South Korea reported year-on-year improvements in revenues during August.
Veikkaus reports revenue decline in Q2
The Finnish gambling monopoly Veikkaus has revealed that its gross gaming revenue decreased by 4% year-on-year in the second quarter.
Danske Spil increases revenues in H1
The first six months of the year have brought shaky financial results for the Danish gambling company Danske Spil.
Sands China and Galaxy lead Macau in 19H1
According to analysts at financial services firm Deutsche Bank, Sands China and Galaxy lead Macau the gaming market share during the first half of the year.
Bernstein assesses Wynn Macau status
According to the financial services firm Bernstein, Wynn Macau shares have suffered the most from the US-China trade war.
Online gaming market grows in Denmark
The online gaming market in Denmark improved by 6.1% in the second quarter of the year when compared to the same period in 2018.
Lithuania’s gaming market posts good H1 results
The first six months of the year have proven to be successful for Lithuania, as it posted increases in both online gaming and land-based sectors.