Thursday, November 14, 2019

Mass and VIP volumes drive Okada Manila Q3 results

Okada Manila’s continuing ramp-up produced strong results for the company in 19Q3, with EBITDA ramping up 49 percent on the back of mass-market and...

500.com Q3 net loss narrows on lower expenses

Lottery service provider 500.com saw its net loss narrow in 19Q3, due mainly to a year-on-year reduction in operating expenses. Net revenues decreased 67.4 percent...

Macau ADR down in first ten days of November

The first ten days of November are off to a slow start in Macau, with month-to-date average daily revenue (ADR) down 10 percent year-on-year,...

Paradise Ent reports Q3 results, launches share award scheme

Hong Kong-listed Paradise Entertainment saw its total revenue in 19Q3 decrease 0.5 percent year-on-year to HK$270.9 million, due mainly to a fall in revenue...

South Korea’s casino operators see varying results in Q3

South Korea’s only locals-permitted casino, Kangwon Land, reported positive results in 19Q3, driven by an uptick in sales, though its foreigner-only peers saw mixed...

Daisy Ho expects Q3 results to ride into next quarter

Chairman and executive director of SJM Holdings, Daisy Ho said that the company is confident the positive results it recorded in 19Q3 will continue...

SG swings to Q3 profit, revenue growth across the board

Scientific Games swung to a net income of $18 million in the third quarter of 2019, due mainly to growth in revenue and a...

Galaxy Q3 beats consensus on solid mass

Galaxy Entertainment Group’s third-quarter results beat analyst estimates, with adjusted EBITDA of $4.1 billion, up 6 percent year-on-year. In a Q3 earnings release, Galaxy reported...

SkyCity trading update short on financial detail

SkyCity Entertainment confirmed this morning that it would be unlikely to host any events at its fire-damaged international convention center in 2021. This would...

Transact casino and gaming sales dip in 19Q3

Transact’s third-quarter net-sales fell 26 percent to $11.7 million, due to a fall in casino and gaming sales both domestically and internationally. Casino and gaming...

TRENDING ARTICLES

Macau casino floor

Mass GGR jumps in Q3, though VIP drops

Gross gambling revenue from the mass market sector rose almost 18 percent in Q3, while VIP play declined 22.5 percent as the slowing Chinese economy held back growth, according to figures from the Gaming Inspection and Coordination Bureau (DICJ).

SkyCity convention centre faces significant delay after fire

SkyCity’s convention centre is likely to be delayed by at least another year after a fire, leaving commentators scrambling to assess the financial impact.

Suncity to enter Philippines integrated resort market

Hong Kong-listed Suncity Group Holdings has acquired a controlling stake in a Philippines company involved in developing and managing an upcoming five-star hotel and...
Donaco logo

Donaco seeks restraining orders over investor stakes

Donaco International has asked the Australian Government Takeovers Panel to restrain two shareholders from acquiring, transferring, or divesting their shares in the company.

Paradise Ent reports Q3 results, launches share award scheme

Hong Kong-listed Paradise Entertainment saw its total revenue in 19Q3 decrease 0.5 percent year-on-year to HK$270.9 million, due mainly to a fall in revenue...