03/08/19 Lack of Asian exposure to hurt Caesars, Bernstein says Brokerage Sanford C. Bernstein announced Caesars’ growth is expected to be limited due to its lack of exposure in Asia.
03/08/19 Sports betting improves in Italy The industry recovered from a January drop and saw punters betting over €1 billion during last month.
03/07/19 Maryland casinos’ revenue goes flat in February The six state casinos posted revenue just 0.1% higher year-on-year during the second month of 2019 to US$136.8 million.
03/07/19 Paradise Co posts revenue increase in February The South Korean casino operator saw revenues 28.5% higher year-on-year as they reached €43.7 billion.
03/06/19 PH Resorts investment in the Philippines, delayed The casino operator’s €309 million project to build two resort casinos in the country has been pushed back in order to raise the capital needed.
03/06/19 JP Morgan warns about Macau’s future The brokerage said the three year streak for quarterly EBITDA growth could end in June, after Q2.
03/06/19 Bloomberry Resorts posts record figures in 2018 The Asian operator posted record GGR across all segments and reached record EBITDA and net profit in 2018.
03/04/19 Macau GGR up 4.4 pct in February According to the Gaming Inspection and Coordination Bureau, casino GGR was boosted by the Chinese New Year and rose last month.
03/01/19 Gambling continues to grow in New Zealand According to the Department of Internal Affairs, Kiwis spent €1.4 billion during 2017-18, €29 million more than the previous period.
02/26/19 Lawrence Ho increases stake in Melco Melco Resorts and Entertainment top official has increased his 54.6% stake in the company up to 55.8%.
02/25/19 Star Entertainment posts profit decline The company has registered a 2.4% fall in profit for the six-month period ended December 31.
02/22/19 iGaming revenue increases in Portugal in 4Q18 The iGaming sector in the Portuguese market posted a strong performance in the fourth quarter of 2018.
02/21/19 Studio City reports 4Q18 results The Macau casino reported a decrease in net revenue for the fourth quarter of 2018.
02/21/19 Crown posts revenue decline The Australian operator released its financial results for the year ended December 31, 2018.
02/20/19 Philippines GGR up almost 23 pct in 2018 PAGCOR revealed that the casino industry posted GGR of €3.16 billion in 2018, up 22.9% year-on-year.
