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15Q2

Genting Malaysia brought down by GENUK; buoyed by RWG

Maybank Kim Eng said Genting Malaysia’s 15Q2 results missed estimates slightly due to bad debts at GENUK, however, Resorts World Genting operations stay strong....

Macau GDP shrinks 26.4 percent in 15Q2

Macau’s gross domestic product in 15Q2 shrank by 26.4 percent year-on-year in real terms, and down 24.5 percent from the first quarter, according to...

MICE events up as attendees drop in Macau

There were a total of 224 MICE events held in Macau in 15Q2, up by 54 year-on-year, while the number of visitors dwindled, according...

Genting Malaysia revenue up 4 percent in 15Q2

Genting Malaysia reported total revenue of RM1.98 billion ($468.6 million) in 15Q2 compared to RM1.91 billion in the prior corresponding period, representing growth of...

Kangwon Land net income down 3.2 percent in 15Q2

Kangwon Land reported net income of KRW97.3 billion ($81.6 million) in 15Q2, down 3.2 percent from the same period the year before. The company’s sales...

GENS results poor but analysts still positive

  Maybank Kim Eng research said Genting Singapore’s 15Q2 results missed estimates due to low VIP hold rate, adding that hold adjusted results would have...

Genting Singapore reports “significant” drop in 15Q2 revenue

Genting Singapore, which operates Resorts World Sentosa, reported revenue of $578.1 million for 15Q2, a significant year-on-year drop due to the downturn of the...

Bloomberry Resorts reports net loss in 15Q2 of $16.75 million

Bloomberry Resorts Corp, which operates Manila’s Solaire Resort and Casino, reported a net loss in 15Q2 of PHP773.54 million ($16.75 million). The figure compares to...

GKL 15Q2 income up compared to last year but down QoQ

Grand Korea Leisure’s net income doubled to KRW18.5 billion ($15.92 million) in 15Q2 compared with KRW9.31 billion in the same period last year, though...

Too early to call stabilization in Macau market after MPEL results: WF

Melco Crown 15Q2 results were broadly in line with Wells Fargo expectations following soft results observed from Macau operators this earnings season.  Analyst Cameron McKnight...
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