Sunday, March 29, 2020

Paradise Entertainment withdraws from Waldo, reports 2019 results

Hong Kong-listed Paradise Entertainment has reported its 2019 annual results, including notice that it has withdrawn from management of the Casino Waldo. As for its...

Donaco describes impact of coronavirus on business

Australia-listed Donaco International on Tuesday released a statement describing the impact of the coronavirus crisis on business operations at its Star Vegas hotel, located...

Okada Manila GGR remains strong in February

Okada Manila has reported relatively strong financial results for February, with GGR of almost PHP3.3 billion (US$66 million). While this was down from the...

Macau GGR could decline well over 40% in 2020: Bernstein

Macau gross gaming revenue could decline “well-over” 40 percent in a slow recovery environment, said Bernstein analyst Vitaly Umansky in a webinar on Tuesday. The...

IPI issues profit warning to shareholders

Imperial Pacific International warned its shareholders in a filing to the Hong Kong Stock Exchange that its full year 2019 results will include higher...

Transact casino and gaming sales down 19% in 2019

Transact Technologies reported a year-on-year decline in lottery, casino & gaming sales during the year ended December 31, 2019. According to a filing from the...

Landing issues profit warning for full year 2019

Landing International Development has issued a profit warning to shareholders through the Hong Kong Stock Exchange warning that the firm’s full year 2019 results...

March GGR to fall 80 percent: Bernstein

Macau gaming continues to suffer from the ongoing coronavirus crisis, with March GGR expected to now fall 75 to 80 percent year-on-year, according to...

Lottery sales plummet in Jan, could be zero in Feb

China lottery sales plummeted 43.3 percent year-on-year in January, due mainly to a shutdown of most lottery operations on January 22 to observe annual...

Bloomberry revenues jump 22 percent in 2019

Bloomberry resorts has reported a 22 percent year-on-year jump in 2019 net revenues to P46.6 billion (US$932 million). EBITDA for the year reached P19.8...

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Coronavirus live updates: New Zealand enters complete lockdown

The latest news and updates on the COVID-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

New Macau Covid-19 case may dent travel easing hopes: Bernstein

Macau has reported its first new Covid-19 case in a month, which may delay plans to begin easing travel restrictions to the territory, Bernstein Research says.

Macau closes borders after new infections

Macau closed its borders to all non-residents as of midnight on March 18, with the exception of blue-card holders and residents from greater China, after another case of imported Covid-19.

Australia casinos expected to join global closures this week: JPM

Australia’s casinos are expected to be forced to close their doors later this week, prompting analysts at JP Morgan to slash their earnings forecasts for the operators.

Tokyo goes under soft lockdown

Tokyo Governor Yuriko Koike announced on Wednesday night a series of measures that amounted to a soft lockdown of the Tokyo Metropolitan District. The governor...