Friday, May 7, 2021

AGTech 15Q1 revenue soars as hardware sales pick up

  AGTech Holdings, a provider of lottery services and products in China, posted an 88.5 percent gain in Q1 revenue as sales of its hardware...

All Asia Dealers Championship welcomes GPI as the Official Chip Supplier

The All Asia Dealers​‘​ Championship (AADC), an AGB and G2E Asia event, is proud to announce Gaming Partners International (GPI) as the championship's "Official Chip Supplier."  <img...

Scientific Games/Bally integration ahead of schedule

The integration between Scientific Games and Bally is ahead of schedule, president and CEO Gavin Isaacs said, presenting the company’s first full quarter results...

China Vanguard says nine-month profit to triple

China Vanguard says it expects to report a 200 percent increase in profit for the nine months to end-March due to strength in its...

All Asia Dealers Championship welcomes TCSJOHNHUXLEY as the Official Table Supplier

The All Asia Dealers​‘​ Championship (AADC), an AGB and G2E Asia event, is proud to announce TCSJOHNHUXLEY as the championship's "Official Table Supplier."  <img alt="" class="media-image"...

Brave new game: Macau ETGs thrive amid table caps, labor squeeze

Electronic table games have gained a strong and growing foothold in Macau’s traditionally baccarat-dominated casinos and may prove key in populating the floors of new multi-billion dollar resorts amid a tight cap on tables and ongoing labour shortages.

Koolbit to give a glimpse of its creative process

Koolbit, the mobile and social casino game developer, will be welcoming attendees at the igaming expo, GiGse, next month in San Francisco to take...

Casino supplier consolidation increases debt & credit risk: Fitch

Credit Ratings Service, Fitch Ratings, has sounded the alarm about rising debt levels among casino suppliers, a segment, Fitch says, that has historically been...


Korea a long-term positive for Mohegan, Moody’s says

Mohegan Sun's Inspire Entertainment Resort project in Incheon, South Korea, will be a long-term positive for the group, despite the risks, Moody's Investors Service said in a periodic review of the company's credit rating.

Genting HK agrees financing package with creditors

Genting Hong Kong has reached a financing accord with creditors under which it will receive EUR300 million ($362.2 million) in new funding and the renegotiation of interest and maturities on existing debt.
Resorts World Sentosa

Genting Spore Q1 casino revenue ticks higher, other metrics deteriorate

Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving performance has largely stalled.

Okura Holdings to close two underperforming pachinko halls

Hong Kong-listed Okura Holdings said it was closing down two of its pachinko parlours due to intense competition in the industry and the impact of Covid.