Home Profit
Profit
Emperor Entertainment issues profit warning
Emperor Entertainment Hotel Ltd. has issued a profit warning for the six-month period ending September 30, noting that the firm expects a consolidated net loss attributable to owners of the Company of not more than HK$160 million (US$21 million).
SkyCity raises FY20 earnings guidance
SkyCity Entertainment has raised its guidance for earnings for the 2020 fiscal year due to higher estimates from insurance proceeds for fire damage at the New Zealand International Convention Centre last year.
Okura Holdings expects profit to fall
Okura Holdings said it expects to record a decrease in profit of 83 percent for the eleven months ended 31 May 2020, mainly attributed...
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...
Bloomberry Q1 net drops 38%, sees slow recovery
Bloomberry Resorts said its Q1 net income fell 38 percent due to the impact of the coronavirus and it expects a slow recovery.
Genting SG pessimistic over the remainder of 2020
Genting Singapore said it remains pessimistic on its outlook for the remaining year, with its flagship property Resorts World Sentosa being “severely affected” and...
Transact Q1 results down, expects slow recovery of casino market
Transact Technologies reported a widened loss of $1 million for the first quarter ending 31 March 2020, with net sales down 11 percent year-on-year.
Adjusted...
Wynn Macau swings to loss in 20Q1
Hong Kong-listed Wynn Macau saw its operating revenues decrease 62.9 percent in the first quarter of 2020, due to the impact of the coronavirus,...
Crown normalized EBITDA reaches A$500 million
Crown Resorts on Monday reported a normalized EBITDA of approximately A$500 million (US$321.6 million) for the period from 1 July 2019 to 23 March...
PAGCOR profits nearly halved in 20Q1
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...
TRENDING ARTICLES
Coronavirus live updates: Macau gaming workers to face more Covid-19 tests
The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
500 .com auditor resigns over disagreement on Japan bribery case
Online sports lottery provider 500 .com has announced that its auditor, Friedman LLP, resigned last week in connection with the Japan bribery case, and...
500.com says no breach of foreign corrupt practices act
Online lottery company 500.com said a special investigative committee (SIC) established to probe its role into an alleged bribery scandal in Japan found that there had been no violation of the Foreign Corrupt Practices Act.
Sega Sammy Creation reported US$15 million loss in FY2019
According to the official government record, Sega Sammy Creation lost JPY1.56 billion (about US$15 million) in the year ending March 31, 2020.
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.
Asia Gaming Briefings – Sep 2020 Edition
IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.
Asia Gaming Briefings – Aug 2020 Edition
IN FOCUS: AUSTRALIA
Reopening pubs, online rethink and reflections on gambling behaviour
The country tackled the first wave of the epidemic with relative success, however,...