Thursday, March 28, 2024

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Success Dragon swings back to profit in six-months to Sept.

Success Dragon, a gaming services provider, said it expects to return to a profit of about HK$4.4 million ($564,608) in the six months to end September as Covid restrictions in Macau have eased and its new gold business took off.

Success Dragon renews EGM agreements with Grand View, Casa Real casinos

Success Dragon on Friday announced it has entered into renewed agreements to supply and manage a minimum of 120 slot machines at the Grandview Casino and the Casa Real Casino in Macau. 

Success Dragon co-CEO tenders resignation

Zhu Tianxiang, the co-CEO of Hong Kong-listed gaming industry management solutions company Success Dragon, has tendered his resignation from the company, effective on Monday.

Success Dragon’s EGM business declined 60.2% 

Success Dragon International Holdings saw a 60.2 percent decline in revenue from its outsourced business process management segment in the year ended March 31, 2021. 

Success Dragon wants to drop EGM business

Success Dragon International Holdings has proposed to cease its EGM business after its two contracts with casinos expire at the end of April and May this year. 

Success Dragon completes share placing

Success Dragon has announced the completion of placing of new shares on March 31, which sees an aggregate of 429,870,000 placing shares, representing approximately 15.37 percent of issued share capital of the company at a placing price of HK$0.067 per placing share. 

Success Dragon bitten by competition in the Macau gaming market

Casino service provider Success Dragon International Holdings has reported that revenues from its outsourced business management segment decreased 57.7 percent to HK$17.8 million (US$2.3 million) in the April-September 2020, mainly attributable to intense competition in the Macau gaming market.

Success Dragon executive director resigns

Success Dragon International Holdings, a Macau-centric firm that helps manage gaming machines, has announced that Nai Yuet Cheung has resigned as an executive director, effective October 15.

Your Daily Asia Gaming eBrief: Malaysia/Laos eye online gambling legislation

Widespread regulation of Asia's online gambling industry by governments keen to raise revenue after Covid hasn't yet happened, but the issue has not gone away.

Your Daily Asia Gaming eBrief: PAGCOR casino sale not seen viable as fundraiser

PAGCOR's dual role as both a regulator and operator of casinos (mostly under the Casino Filipino brand) has been a long-standing subject of debate.