Tuesday, March 26, 2019

AGTech swings to profit in 2018 on non-operating items

AGTech Holdings Limited on Saturday announced its final results for the year ended December 31, 2018, revealing a profit of approximately HK$317.1 million (US$40.4...

IGT reports narrowed loss in 2018

Gaming supplier IGT reported a significantly narrowed loss of $21 million in 2018, reflecting a reduction in non-cash impairment charges, and foreign exchange gains...

Accelerating visitation boosts mass forecast for 2019: MS

Morgan Stanley analysts have become “incrementally positive” for GGR improvement in the second half of 2019, driven by a stronger China outlook. In a...

Wynn Resorts’ Macau operational revenue up 15.7 pct in 2018

Total operating revenues from Wynn Resorts’ Macau operations grew 15.7 percent in the year ended Dec. 31, 2018, driven mainly by improved results at...

February GGR up 4.4 percent due to resilient mass

Following a slightly weaker than expected Chinese New Year week, Macau gross gaming revenue grew 4.4 percent year-on-year in the month of February, performing...

Aquis Entertainment posts $3.3 million loss

Australia-listed Aquis Entertainment saw a slight increase in gaming revenue in 2018, up 0.87 percent, as the company made continuing efforts to improve awareness...

Genting Malaysia swings to loss in 2018 on impairments

Genting Malaysia swung to a net loss of RM19.6 million (US$4.8 million) in the 2018 financial year, attributed mainly to an impairment loss of...

Mass boosts Galaxy net profit, revenue in 2018

Galaxy Entertainment Group posted a 29 percent rise in net profit for the full 2018 year, driven by solid mass gaming performance across its...

Sands China benefits from visitation, gaming growth in 2018

Strong visitation and overall growth in the Macao gaming market led to Sands China posting a 17 percent increase in profit in 2018, reaching...

Rich Goldman doubles profit in 18H2

Macau junket investor Rich Goldman Holdings saw its underlying profit almost double in the second half of 2018, despite terminating two gaming promotion agreements...

TRENDING ARTICLES

February GGR up 4.4 percent due to resilient mass

Following a slightly weaker than expected Chinese New Year week, Macau gross gaming revenue grew 4.4 percent year-on-year in the month of February, performing...

ASEAN Poker Freeroll set for March 20

RealTime Gaming, Alderney eGambling, Continent 8 have teamed up with All-In Translations to offer the official Invitational Poker Freeroll at the ASEAN Gaming Summit,...

Landing COO steps down

Landing International Chief Operating Officer Jay Lee stepped down from his post at the Hong Kong-listed operator in January, according to the executive’s LinkedIn...

Bloomberry gets summons over Bangladesh heist case

Bloomberry Resorts said its gaming unit has been cited in a U.S. civil case attempting to recover funds stolen from Bangladesh’s central bank. In a...

Interblock promotes Michael Hu to president of Asia Pacific 

Luxury gaming manufacturer and electronic table game (ETG) manufacturer, Interblock has promoted Michael Hu from Vice President of Asia to President of Asia Pacific....