China lottery sales rose 7.3 percent to RMB 394.6 billion (US$57.5 billion) in 2016, according to data from the Ministry of Finance.
Sands China posted a 16.1 percent decline in profit for the full-year 2016 to $1.2 billion, down from $1.5 billion in 2015, according a preliminary announcement of its annual results.
Australian wagering giant Tatts Group saw a narrowing of net profit in the first half of the 2017 fiscal year, down 16.5 percent to A$122.8 million.
The Star Entertainment Group posted net profit after tax of A$141.8 million (US$109.5 million) for the half year ended Dec. 31, 2016, according to a company filing to the ASX.
Caesars Entertainment Corporation (CZR) posted a net loss of US$435 million in the fourth quarter of 2016, due mainly to accruals related to the restructuring of its subsidiary.
Korea’s only casino allowing for local entry, Kangwon Land, is likely to have underperformed in 16Q4 and will continue to do so in 2017, say Korean analysts.
Macau’s gaming industry performed better than expected in the week ended Feb. 12, with ADR of MOP 814 million (US$101.9 million).
Casino operator Melco Crown Entertainment (MPEL) will likely post strong results for 16Q4 as a result of Studio City ramp up and a rebound of City of Dreams, said a note from Morgan Stanley on Sunday.
South Korean casino operator Paradise Co. Ltd.’s net profit fell 31.2 percent year-on-year to KRW 4.4 billion (US$3.8 million) in the fourth quarter of 2016.
SkyCity Entertainment Group recorded a near 40 percent drop in its international business segment but still managed an 18 percent increase in profit for the half-year ended Dec. 31, 2016.