Your Daily Asia Gaming eBrief: Macau steps forward

Macau-casino-concessions

Good Morning. Macau has let the light in, with the government allowing authorization-free entry for nationals from 41 countries. The tail end of reporting season hits regional recovery in Asia. NSW regulator has a new chief commissioner, and Matt Wilson was named L&W interim CEO.

asia gaming ebrief

What you need to know

  • Donaco Internationalย posted a net loss of $11.3m, on limited activity of the operatorโ€™s two businesses, Star Vegas and Aristo due to COVID19 closures.
  • Light & Wonderย appoints Matt Wilson interim CEO as previous President and Chief Executive Officer, Barry Cottle, steps down to consultantโ€™s role.
  • Success Universeย reported a widened net loss of $16 million in the second quarter of 2022, despite Ponte 16 resilience.

On the radar

  • Philip Crawfordย appointed NSW Chief Commissioner.
  • Aquis’ย net profitย inflates eightfold to $2.16m for FY22.
  • Suncity -dba-ย LET Group, writes off $6m default on Hoiana.
  • Ainsworthย rides the US recovery, posts net profit of $8m.

Industry Updates

  • Kazuo Okada led TRLEI filesย theft chargesย on ousted executives.ย 
  • GLI promotesย Angela Wongย to VP of Global Lottery Solutions.
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