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Goa casinos ask for license fee waiver
Delta Corp and the casino industry in Goa has asked for a waiver in license fees for the period the properties were forced to close last year due to the pandemic.
Landing 2020 revenue down, but locals fuel H2 recovery
Landing International said its foreigner-only integrated resort in South Korea generated positive revenue in the second half of the year after it switched its focus to marketing to locals.
IPI 2020 loss narrows, says it’s a going concern
Imperial Pacific International says its business is still viable despite reporting a loss for the past two years and said its controlling shareholder has pledged to provide finance to settle its liabilities and and potential litigation costs.
Suncity cutting costs at Hoiana, seeks expansion ops.
Suncity Group Holdings says it’s putting cost cutting initiatives in place to enable its flagship Hoiana resort in Vietnam to ride out the pandemic storm and continues to explore international opportunities.
SunCity Group says Hoiana had adjusted EBITDA loss of $32m
SunCity Group said its Hoiana integrated resort in Vietnam has generating revenue of $4.8 million since its preview in June last year and had an adjusted EBITDA loss of about $32 million.
Macau Legend 2020 loss balloons, revenue falls 70%
Macau Legend said 2020 revenue fell 70.3 percent to about HK$700.7 million and its net loss ballooned to $1.95 billion.
Paradise Ent. swings to 2020 loss as revenue drops 70%
Paradise Entertainment swung to a loss in 2020 as revenue plunged 70.2 percent to HK$351.7 million as a result of the Covid crisis and its cessation of a management accord with Macau's Casino Waldo.
AGTech 2020 revenue down 7.7% but loss narrows
AGTech Holdings said its operating loss narrowed by 32.7 percent in 2020, even though revenue dropped by about 7.7 percent to HK$161.6 million.
NagaCorp posts net profit, sees strong H2 bounce back
NagaCorp succeeded in posting a net profit of $102.3 million in 2020 despite the Covid-19 pandemic, driven by a strong recovery in the second half, led by the premium mass sector.
Paradise Co. company losses in 2020 reach US$97.8 million
Paradise Co. has reported its fourth quarter and full year financial results for the year 2020, recording full year net losses on its controlling interest of KRW109.8 billion (US$97.8 million).
Australasian Gaming Expo (AGE) 2021
The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.