Monday, August 19, 2019
Tabcorp

Tabcorp FY revenue up 8.7 percent on lottery/keno

Tabcorp posted an 8.7 percent increase in revenue in the first full year after combining with Tatts Group, with a strong contribution from its lottery and keno division.
AGTech lottery tickets

AGTech swings to H1 loss, revenue declines

AGTech Holdings posted a loss for the first half of 2019 and said revenue declined by 22.7 percent due to lower lottery hardware sales.

500.com posts widened loss on impairment provisions

China lottery service provider 500.com has continued to suffer from the suspension of online lottery in the country, posting a widened net loss of...

10 officials to be shamed in PCSO probe

No more than 10 officials of the Philippine Charity Sweepstakes Office (PCSO) will be “named and shamed” following President Duterte’s investigation into corruption within...

Putin sets sting to find illegal operators

President Vladimir Putin has conferred the Federal Tax Service power to place bets with casinos, bookmakers and betting shops, as well as to buy...

PCSO won’t be abolished: Palace

President Rodrigo Duterte has no plans to abolish the Philippine Charity and Sweepstake Office even though the agency has been accused of “massive corruption,”...

Duterte lifts ban on lotto

President Rodrigo Duterte has reinstated lotto games across the country, four days after a widespread ban was enacted on all PCSO gaming activities fear...

Quezon police fear resurgence of ‘jueteng’

Quezon provincial police are bracing for the resurgence of illegal gambling after the shut down of PCSO outlets by order of the Philippines president...

Duterte declares PCSO and lotto activities illegal

President Rodrigo Duterte has ordered a halt on all gaming activities of the Philippine Charity Sweepstakes Office (PCSO), including lottery amid claims of “massive...

ED seizes $17 million in property from Santiago Martin

The Enforcement Directorate on Monday seized assets worth more than Rs.119 crore (US$17 million) belonging to lottery king Santiago Martin, local media reports. According to...

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Nagaworld

Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.