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Kingston Financial, which operates casinos in Macau under SJM Holding’s license, reported a 13 percent decline in revenue for the year ending March 31, with income from its gaming division declining.
Philippines gaming regulator PAGCOR saw its net income fall 49.9 percent to P777.4 billion (US$15.4 billion) in the first quarter of 2020, with gaming...
Landing International Development posted a wider loss for 2019 and said it’s seeking to raise $137.1 million ($17.6 million) through a placing of shares to support general working capital for its operations on Jeju Island, South Korea.
Success Universe, an investor in Macau’s Ponte 16, said it expects to report a gain of about 30-40 percent in 2019 profit, compared with the HK$54.2 million ($6.98 million) it reported the prior year.
SkyCity Entertainment says it expects its EBITDA for the year to end June to be about $55 million lower than its previous expectations, assuming its properties remain open.
The Philippine Amusement and Gaming Corp. (PAGCOR) said it has allocated a further PHP500 million ($9.7 million) to government efforts to help combat the Covid-19 outbreak in the country.
Multiple casinos across the U.S. have announced they are temporarily closing due to the coronavirus, with properties in Massachusetts, Indiana, Ohio, Illinois and Pennsylvania all shuttering their operations.
Philippines gaming investor Belle Corp posted a 9 percent decline in net income in 2019, reaching P2.9 billion, driven mainly by a decline in...
Vietnam’s gambling industry stayed largely out of the headlines in 2019, though projects have been inching their way forward, with the country’s largest resort to date scheduled to open in the first half of this year.
VIP gaming revenue’s share of Macau gross gaming revenue decreased year-on-year in the fourth quarter of 2019, according to data released by the Gaming...