Tuesday, October 27, 2020
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Rich Goldman issues profit warning

Rich Goldman Holdings Limited issued a profit warning on Friday notifying shareholders that it would be recording more than HK$80 million (US$10.4 million) in...

Success Universe to swing to loss as gaming revenue evaporates

Success Universe warns that it will swing to a loss in the first half due to its share of “substantial” losses from the Ponte 16 casino in Macau.
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Genting HK delays deliveries, cuts costs 

Genting HK said it’s delaying the delivery of two new ships by about a year and cutting other costs to mitigate the impact of the Covid-19 pandemic.

New Silkroad issues profit warning

New Silkroad Culturaltainment Limited, operator of the MegaLuck Casino at KAL Hotel Jeju, has issued a profit warning for the six month period ending...

Kingston Financial issues profit warning

The Kingston Financial Group issued a statement to the Hong Kong Stock Exchange at the end of last week warning that there would be...
Wynn Casino

Wynn Macau sees 44% drop in Q1 revenue as cash burn continues

Wynn Macau said it expects a drop of as much as 44 percent in Q1 operating revenue due to the impact of the Covid-19 pandemic and expects to continue experiencing cash burn.

SkyCity sees $55m hit to EBITDA vs guidance for 2020

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. 

Genting HK flags H1 loss, executives waive pay

Genting Hong Kong, a cruise ship operator, says it expects to post an operating loss in the first half despite cost-cutting measures such as senior executives agreeing to forego their salaries until the end of the year. 

Imperial Pacific announces temporary casino closure

Imperial Pacific International, which operates the only casino on the island of Saipan, has reportedly announced the temporary shutdown of its property from 12 a.m. on Tuesday. 

IPI issues profit warning to shareholders

Imperial Pacific International warned its shareholders in a filing to the Hong Kong Stock Exchange that its full year 2019 results will include higher...

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