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Maybank Kim Eng’s Yin Shao Yang is keeping his “buy” call and 95 cents target price on Genting Singapore, following 4QFY2020 earnings reported by Las Vegas Sands Corp.
Donaco International said it turned EBITDA positive in the December quarter, helped in particular by its Star Vegas property, which is focusing on attracting clients from the local region. Revenue was A$6 million, down from $16.8 million the prior year.
RGB International, a Malaysian gambling supplier, said it sees a slow recovery for gaming in Asia, but remains cautious for the rest of the year. The company posted a loss of MYR12.4 million in Q3, narrowing from MYR14.4 million the prior quarter.
Macau’s six operators are likely to post the worst quarterly performance ever in Q2, with the focus likely to be on who has done the most to control operating expenditures during the period, Morgan Stanley reports in a note.
Malaysian supplier RGB posted a 47 percent drop in profit in the first quarter, though revenue rose due to the opening of new outlets.
Genting Singapore has announced it will no longer be reporting its financial results on a quarterly basis, following changes to the listing rules of...
RGB International said it expects strong regional demand for its products and services to translate into a better performance for 2019.
PhilWeb Corp. said it had its best quarterly performance in EBITDA terms in three years in Q3, helped by its network of e-bingo machines.
Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.
Donaco International said the performance of its Star Vegas casino in Cambodia is showing signs of recovery after being hit by illegal competition from...
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