Thursday, July 29, 2021
Herman-Ng APE

APE flags 75% revenue fall in 1H21

Asia Pioneer Entertainment Holdings says it expects to record a 74.6 percent decline in revenue for the six months ended June 30, 2021, owed to the economic and financial impact of the covid-19 pandemic.

SkyCity Adelaide reopens as 7-day lockdown lifted

SkyCity Entertainment Group’s Adelaide property is reopening, effective 10am on Wednesday, following the lifting of a seven-day lockdown imposed by the South Australian government.

Crane Co. profit up 377% in Q2, driven by payments business

Crane Co. the parent company of Crane Payment Innovations reported strong second-quarter results with sales growing 24 percent, along with a 377 percent rise in operating profit. 

Bitcoin tops $39k for first time since mid-June

After falling from its high of over $60,000, Bitcoin saw a bullish surge, rising over $39,000 for the first time since mind-June.

Silver Heritage delisted from Australian Securities Exchange

Silver Heritage Group has been removed from the official list of the Australian Securities Exchange, effective from close of trading on Friday.

Sands China further narrows loss in Q2, but pandemic continues to shadow

Macau casino operator Sands China continues to display recovery signals, with a narrower loss of $166 million in the second quarter of 2021, though LVS’ chairman says the company continues to suffer from the economic effects of the pandemic.
Scientific Games

Five banks in focus for IPO of SG lotteries arm

Five Australian investment banks are reportedly in line to set up what could become the largest IPO on the Australia Securities Exchange, as Scientific Games (SG) seeks to list its global lotteries arm.
Melco resorts, morpheus

Bernstein tips Melco to outperform in Q3

Analysts at Bernstein on Wednesday said they are bullish on Melco Resorts, with the operators’ core strength in premium mass set to capitalize on Macau’s expected strong recovery over the next six to twelve months. 

Chow Tai Fook sees Q1 boom in Macau/HK sales

Gold and jewellery retail giant Chow Tai Fook saw a strong first quarter in the Mainland China, Hong Kong and Macau markets, bolstered by 'buoyant consumer sentiment'.

Melco Chairman pledges annual base pay to share plan

Lawrence Ho, Chairman and CEO of Melco Resorts and Entertainment, has pledged to also participate in the company's share purchase and award program, to the tune of $6.68 million. 


Guangdong, Macau mulls easing travel requirements

Guangdong and Macau are planning to extend the validity window of the nucleic acid test (NAT) result, which is required for those travelling between the two regions. 

PAGCOR H1 gaming income down 20%

The Philippines Amusement and Gaming Corp (PAGCOR) has announced a near 20 percent drop in income from gaming operations in H1 as the Covid pandemic forced the closure of properties.

WDTS gets $35m investment from Beach Point

Walker Digital Table Systems has announced a $35 million strategic investment by Beach Point Capital Management, a multi-billion dollar investment manager with a sizable portfolio in the casino gaming industry.

Star says Sydney closure extended, Queensland eases

Australia's Star Entertainment said its casino in Sydney will remain closed until August 28th due the government's lockdown restrictions for the city and surrounding area, but operating restrictions have eased in Queensland.