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Far East Consortium maintains profitability through April-September period
Far East Consortium reported its April-September results showing a net profit attributable to shareholders of HK$350 million (US$46 million), down by half in year-on-year terms. Revenue was HK$3.1 billion, a decrease of 39.2% compared to the same period the previous year.
Belle Corp H1 revenue plunges as gaming evaporates
Belle Corp posted a 52 percent drop in first half revenue as its share of gaming revenue from City of Dreams Manila plunged 87 percent.
Travellers Q1 revenue rises, though net profit drops on higher expenses
Travellers International Hotel Group reported a 46.5 percent gain in net revenue for Q1, helped by gaming and non-gaming activities, though net profit fell as costs rose.
IGT Q4 tops estimates
International Game Technology posted better-than-expected Q4 results, helped by a strong performance in its lottery business.
Consolidate revenue was up 3 percent to $1.34 billion...
Strong US performance boosts Aristocrat 17H1 profit
Australia-listed Aristocrat Leisure reported a strong rise in net profit for the first half of the year, and also announced its profit expectations for...
Studio City to boost Melco 16Q4 results: MS
Casino operator Melco Crown Entertainment (MPEL) will likely post strong results for 16Q4 as a result of Studio City ramp up and a rebound...
Star Entertainment shows strong earnings growth in FY16
Australia-listed Star Entertainment Group says strong earnings growth continued in its full year 2016, with good revenue growth across all lines of business.
In a...
PAGCOR nets Q1 profit of P1.04 billion
In its latest statement of income and expenses, the Philippine Amusement and Gaming Corporation (PAGCOR) posted a net profit of PHP1.04 billion ($22.1 million)...
Travellers International Hotel Group net profit down 26.2 percent in 2015
Travellers International Hotel Group, owner and operator of Resorts World Manila, has reported a decline in net profit to P4 billion (US$86.4 million) in...
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Australian market report: How to adapt to the new normal
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
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.
Attracting players, not fraudsters
With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
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.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Asia Gaming Briefings – Oct 2020 Edition
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.