Tuesday, July 14, 2020

Melco Resorts Finance to issue senior notes

Melco Resorts Finance, a subsidiary of Melco Resorts & Entertainment, is seeking to conduct an international offering of senior notes, which it says will...

Belle declares that it “achieved its aim” in 2019

Belle Corporation President and Chief Executive Officer Manuel Gana declared at the company’s first-ever virtual Annual Stockholders’ Meeting that the firm had “achieved its...

Far East Consortium reports 4.6 percent increase in annual gaming revenue

Far East Consortium reported a 4.6 percent year-on-year increase in its gaming revenues for the year ending March 31, 2020. The firm noted that “gaming...

South Shore reports annual revenues up 16 percent

South Shore Holdings has reported to the Hong Kong Stock Exchange that its revenues for the year ending March 31, 2020, amounted to nearly...

Century Entertainment sharpens focus on Cambodia

As it reported its results for the year ending March 31, 2020, Century Entertainment made clear that it intends to focus its gaming interests...

Philippines casino GGR down 13.6% in 20Q1

Gross gaming revenue amongst Philippines’ land-based casinos fell 13.6 percent in 20Q1, down to P45.4 billion ($910.8 million), according to data from the country’s...

Genting Malaysia recovery a long road ahead: Maybank

Genting Malaysia’s gaming revenue recovery will take longer than expected, due to the continued impact of the coronavirus, according to analysts from Maybank Investment...

Travellers International posts net income of US$20 million for 2019

Travellers International Hotel Group, the owner and operator of Resorts World Manila, posted a net income of PHP945 million (US$20 million) in 2019, down...

Emperor Entertainment reports 17.2 percent decline in annual revenue

Emperor Entertainment Hotel Limited reported on Tuesday that its total revenues for the year ending March 31 were HK$1.1 billion (US$147 million), down 17.2...

SkyCity keeps overweight rating after refinancing moves announced

SkyCity Entertainment has kept its overweight rating from New Zealand’s leading brokerage house after announcing plans to restructure its balance sheet including raising new...

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Melco reopens four Cyprus casinos as of Saturday

Melco Resorts’ Cyprus casinos have reopened as of Saturday, June 13 with stringent health and safety protocols in place, according to a company announcement.  The...

Social distancing to cap Genting Malaysia visitation

Social distancing measures will cap capacity at Genting Malaysia and it may take two to three years before visitation levels get back to 2019 levels, Affin Hwang Capital Research said in a note, cited by The Edge.

Caesars requires masks-on at all times at its properties

Caesars Entertainment Corp has implemented a universal mask policy across all of its properties starting Wednesday, June 24, 2020, according to a company announcement.  The...

Paradise Co. adopts emergency cost-cutting measures

Paradise Co. is shifting gears and will implement emergency cost-cutting measures, including sending more executives on furlough and closing down operations at key facilities. According...