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Dynam seeks higher profitability amidst lower income

Hong Kong-listed pachinko firm Dynam Holdings makes clear that it is seeking higher profitability even as its income has been reduced by the impact of the Covid pandemic.

Reef Casino income above 2019 levels in first four months

Reef Casino Trust said rental income from its property of the same name in Queensland was higher than in 2019 and it also expects May to be a strong month.

Mohegan reports EBITDA down 7.4% for quarter ending September

Mohegan Gaming & Entertainment has announced its operating results for its fourth fiscal quarter ended September 30, 2020. Net revenues were US$294 million, a 29 percent decrease; income from operations was US$50.2 million, a 220 percent increase; and adjusted EBITDA was US$82.8 million, a 7.4 percent decrease.

IGT reduces 2020 profit outlook after tough Q1

International Game Technology (IGT) said its first-quarter results were affected by Covid-19 related lockdowns beginning in March, and have subsequently reduced its 2020 profit...

Everi posts record revenue in 2019

Everi Holdings achieved record revenues in the 2019 calendar year, due to growth across its games, FinTech and play loyalty businesses. Said revenue rose 14...

Caesars revenues increase, but swings to a net loss in Q4

Caesars Entertainment recorded strong operational performance in the fourth quarter of 2019 but swung to a net loss of $304 million due to a...

South Korea’s casino operators see varying results in Q3

South Korea’s only locals-permitted casino, Kangwon Land, reported positive results in 19Q3, driven by an uptick in sales, though its foreigner-only peers saw mixed...

Everi continues growth trajectory in 19Q3

Everi Holdings logged its 13th consecutive quarter of year-on-year growth in 19Q3, attributed to the company’s product development initiatives and operating strategies. The company is...

LRWC dragged by lower VIP turnover, expenses

Higher operating expenses and a significant decline in income from its junket operations saw Leisure and Resorts World swing to a net loss of...

MGE third-quarter revenue flat, income down

Third-quarter revenues edged up slightly for Mohegan Gaming & Entertainment, rising 0.8 percent year-on-year to US$347.6 million, according to a report from the company.  MGE...
AGE at ICC Sydney, 2021

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

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.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.

Regulating the Game 2021

Esports BAR Cannes

AGBriefings, June, 2021, Resorts World Las Vegas

Asia Gaming Briefings – June 2021 Edition

For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
Asia Gaming Briefings, april 2021

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.
Agbriefings February 21

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.