Thursday, April 25, 2024

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Royal HaLong reports 7th consecutive quarter of loss 

The owner of the Royal Ha Long Bay Casino in Quang Ninh has reported its seventh consecutive quarter of loss in 21Q1, as the region continues to be impacted by border restrictions. 

Royal Halong revenues down 59% in Q3

Royal International, operator of the Royal Halong Hotel Casino, has reported the Q3 revenues fell 59 percent year-on-year to only VND34.5 billion (US$1.5 million).

Drop in Chinese visitor numbers continues, Royal Casino Halong woes

Royal International Corporation (RIC), the operator of the Royal Casino Halong Hotel, reported almost VND18.5 billion (US$754,000) in losses in the third quarter of this year, a 6.6 percent year-on-year jump, VNExpress reported.

Royal Casino Halong reports $2.57 million loss in 2022

The operator of the Royal Casino Halong, in Vietnam’s northern Quang Ninh province, has reported a loss of $2.57 million in 2022, a 41 percent annual decrease in loss, despite revenue increasing by nearly 60 percent yearly, to $5 million.

Royal International in Vietnam records 15th straight quarter of losses

Vietnam’s Royal International Corp, operator of the largest casino in the Halong city of Quang Ninh province, has again reported losses for the second quarter, marking the 15th consecutive period of losses for the company.

Royal International records fourth straight year of loss in 2021, despite revenue boost

Royal International Corporation (RIC), operator of the Royal HaLong casino hotel, is expecting to record its fourth consecutive year of annual loss of nearly $1.6 million, despite a 93 percent surge in revenue to $6.3 million in the year. 

IHG continues Vietnam expansion with Halong Bay opening

IHG Hotel and Resorts is adding to its portfolio in Vietnam, with a planned opening of a Holiday Inn Resort in Vietnam's Halong City in 2023.

Royal Ha Long records net loss of $1.2 million

Royal International Joint Stock Company, owner of the Royal Ha Long Bay Casino reported nearly a VND27 billion loss in the first quarter of 2021, marking the sixth consecutive quarter of loss for the company. 

Vietnam’s Royal International continues its stock price rollercoaster

Royal International Corp, the owner of Royal Ha Long casino hotel in Vietnam, has seen a dramatic fall in its stock prices after its equally dramatic rise since January.

Your Daily Asia Gaming eBrief: Current state of Sihanoukville

You may have noticed that Bloomberg reported yesterday that PAGCOR will allow Manila operators to begin taking online bets. If that story sounds a bit familiar, it’s because Asia Gaming Brief had an exclusive report about it a full week ago, and now the rest are beginning to catch up with us… and with readers like you. In today’s newsletter, we have stories about the possibility that MGM Growth Properties might be willing to purchase Sands assets in Las Vegas, and David Green’s assessment of the Crown Resorts debacle downunder. Also, don’t miss our latest podcast, this time featuring a discussion on the current state of Sihanoukville with Gary Tham of Jin Bei.