Friday, March 29, 2024

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CoD Manila uptick drives 57 percent profit rise for Premium Leisure Corp

City of Dreams Manila operator Premium Leisure Corp has seen a 57 percent uptick in profit, topping some PHP1.91 billion ($33.5 million) during the nine months ended September 30th, ‘mainly brought about by better and more robust economic environment in 2023’.

Premium Leisure Corp sees 20% increase in 2022 gaming revenue from COD Manila

The Philippines' Premium Leisure Core, an investor in City of Dreams Manila, saw a 20 percent increase in its gaming revenue share from the property in 2022 – topping PHP1.56 billion ($22.67 million).

COD Manila to deploy AI-powered chip counting tech

Melco’s City of Dreams Manila is deploying a first-of-its-kind “AI-based machine vision platform” to support its Melco Club loyalty program.

Belle Corp. revenue from CoD Manila doubles in 2021

Belle Corp, which gets a share in revenue from Melco Resorts & Entertainment’s City of Dreams Manila, said the contribution from the casino business for 2021 had doubled.

Melco Resorts registers $243.84m 3Q22 loss, optimistic about Manila

Melco Resorts and Entertainment registered a net loss of $243.8m in 3Q22, with casino revenues of just $181.96m. The group remains optimistic about its Manila property as travel restrictions ease.

Belle Corp. 1Q22 share of City of Dreams Manila gaming revenue drops 20%

Belle Corp. said its share of gaming revenue from the City of Dreams Manila dropped 20 percent in the first quarter due to Covid restrictions and ongoing border closures.

Daily Asia Gaming eBrief: Philippines takes further steps to get off the gray list

Authorities in the Philippines up their game as they try and get off the AML/CFT gray list. The Financial Action Task Force has been reluctant to remove them over failure to mitigate certain primary issues linked to junkets and information sharing. Despite having passed its deadlines for remediation, the nation is now urging its institutions to up the ante as it aims to achieve international recognition.

Your Daily Asia Gaming eBrief: Bloomberry returns to profit in 2022

The work week is ending on a high note! Strong performance at Solaire in the Philippines drove Bloomberry back into the black, with profit reaching $92.3 million.

Your Daily Asia Gaming eBrief: Telangana rethink

India’s Telangana state government banned all gambling five years ago, whether skill-based or not, in response to incidences of economic harm and gambling addiction.

Your Daily Asia Gaming eBrief: Betting on Indian fantasy

India’s online skill-based market continues to attract international interest, with most analysts predicting rapid growth.