Thursday, December 5, 2024

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Hann Resorts signs South Korea POSCO on upcoming expansion

Hann Group announced a partnership with South Korea’s POSCO Engineering and Construction Co. for the upcoming multi-billion premier integrated resort projects in Clark – Hann Lux and Hann Reserve, as it plans the expansion of its footprint north of Metro Manila.

Belle Corp sees gaming share from CoD Manila contract but leasing revenue increase

Belle Corp, the Philippine-listed parent company of Premium Leisure Corp (PLC) saw a 17 percent contraction in its share of gaming revenue from City of Dreams Manila during the first nine months of the year.

Pacific Online Systems sees significant profit drop in the first 3 quarters

Philippine lottery firm Pacific Online Systems Corporation continued to see its consolidated revenue drop in the first three quarters of this year, causing its net income to plummet when compared to the same period of 2023.

Daily Asia Gaming eBrief: New Thai IR legislation to boost tourism and foreign investment

Much awaited and dearly appreciated. Thailand's revealing of its draft IR law has all the potential players in the market excited, with operators eager to get a piece of the pie now that more details have been revealed. This can only be a boon for its tourism and foreign investment, note top experts. Specifics of the law aim to clear up uncertainties from past legislation, paving the way for strong supervision, and tax collection (despite the heavily competitive rate), once enacted.

Pacific Online Systems sees 17% drop in Philippine lottery revenue in 1H24

Philippine lottery firm Pacific Online Systems Corp saw a 17 percent drop in its revenues during the first half of the year, totaling some PHP259.1 million, amongst a strong increase in expenses and a transition from the legacy lotto operating system.

Premium Leisure Corp. sees 50% increase in gaming revenue last year 

Philippines-headquartered integrated resort, casino, and lottery company Premium Leisure Corp. (PLC) has recorded an impressive growth in 2023.

Premium Leisure Corp’s net earnings surge 51 percent Jan-Aug 2023 vs. 2022

The Philippines' Premium Leisure Corp (PLC), an investor in City of Dreams Manila, announced that the firm has achieved excellent success in the first eight months of 2023, particularly in its casino and lottery businesses.

Premium Leisure Corp sees 49 percent increase in net income in 2Q23

Sizeable topline growth helped trigger upward momentum in the net income of Philippines-headquartered integrated resort, casino, and lottery company Premium Leisure Corp (PLC) in the first half of 2023.

Premium Leisure Corp sees 109 percent increase in net profit in 1Q23

Sizeable topline growth helped trigger upward momentum in the net income of Philippines-headquartered integrated resort, casino, and lottery company Premium Leisure Corp (PLC).

Premium Leisure Corp performance gaining ground

Premium Leisure Corporation reported a total comprehensive income of Php603.3 million in the third quarter of 2022, with Melco Resorts contributing a bulk of 80 percent.

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