Thursday, September 24, 2020

Rich Goldman issues profit warning

Rich Goldman Holdings Limited issued a profit warning on Friday notifying shareholders that it would be recording more than HK$80 million (US$10.4 million) in...

SkyCity revenues rise and profits fall in FY2020

The SkyCity Entertainment Group announced its full year results on Thursday morning for the July 2019 to June 2020 period, showing revenues rising but...

Success Universe posts US$17 million loss for H1

Success Universe Group, which operates Sofitel Macau At Ponte 16, has posted HK$132.2 million (US$17 million) in net losses in the first half of...

Manila casinos granted limited reopenings

Melco International Development revealed on Friday that City of Dreams Manila had been granted a limited reopening from August 24, and that this policy...

Suncity revenue down 70 percent in H1

Suncity Group Holdings has reported 2020 H1 results showing RMB93.7 million (US$14 million) in total revenues, a figure which is down 70 percent year-on-year. The...

NagaCorp manages US$20.6 million profit in H1

Hong Kong-listed NagaCorp bucked the negative trend and recorded a US$20.6 million profit in H1, in spite of a temporary closure related to the...

Genting Berhad reports 80 percent fall in revenue for Q2

Genting Berhad announced on Thursday that its revenue for the April-June 2020 quarter had fallen 80 percent year-on-year to RM1.1 billion (US$266 million). The...

Paradise Entertainment records US$14.5 million loss for H1

Paradise Entertainment Limited has reported an overall HK$111.3 million (US$14.5 million) loss for the first six months of 2020, impacted by the Covid-19 pandemic. Group...

Summit Ascent loses US$6.1 million in H1

Summit Ascent Holdings has reported a HK$47 million (US$6.1 million) loss for the first half of 2020. The previous year, there had been a...

Reef Casino Trust reports US$17.1 million loss for H1

Reef Casino Trust, operator of the Reef Hotel Casino in Cairns, has reported a loss of nearly A$23.7 million (US$17.1 million) for the first...

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SkyCity Hamilton

Coronavirus live updates: Covid-19 restrictions dropped for SkyCity properties outside Auckland

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

Centara Hotels expands in Myanmar, eyes Mandalay casino

Centara Hotels & Resorts says it has signed three hotel management agreements for Myanmar, one of which will include a casino.

Prime Minister Suga likely to hit the brakes on IR development

The emergence of Chief Cabinet Secretary Yoshihide Suga as the all-but-certain next prime minister of Japan is good news for Japan’s pro-IR community. However, even with a solid friend in the Kantei, there’s plenty of reason to believe that the government is about to hit the brakes.

Japan opposition leader targets IR industry

Leader of the Opposition Yukio Edano toured Yamashita Pier, the proposed site for Yokohama’s major urban IR, and renewed his vow to combat the...

Genting Malaysia injects more cash into US-based Empire Resorts

Genting Malaysia is injecting US$150 million in cash into its loss-making US unit Empire Resorts, its gaming facilities temporarily closed in March as a...