Wednesday, December 2, 2020
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China Star sees “substantial” interim profit

China Star Entertainment said it expects to record a “substantial” profit for the six months to the end of June, reversing a loss posted in the same period a year earlier.

DFNN H1 revenue gains 11.5 percent

DFNN said its H1 revenue gained 11.5 percent, with gains noted across all of its business sectors, in particular license sales.

Crown Resorts VIP business jumps 54.4 percent

Crown Resorts reported an almost 13 percent increase in normalized profit after tax for the year ending June 30th, fuelled by a 54.4 percent surge in VIP program play turnover.

Caesars swings to Q2 profit as revenue doubles

Caesars Entertainment swung to a profit in Q2 as revenue doubled due to the inclusion of income from Caesars Entertainment Operating Company, which emerged from bankruptcy late last year.

SJM H1 revenue gains 10 percent, though market share slips

SJM Holdings reported an almost 10 percent increase in net revenue for the first half of this year, though its share of the Macau market slipped in all categories.

Century Casinos reported drop in net earnings in 18Q1

International casino operator, Century Casinos, which recently acquired a stake in a Vietnamese-Chinese border casino, reported a drop in net earnings in the first...
Ainsworth booth

Ainsworth stock tanks on profit warning

Shares in Ainsworth Game Technology Limited tanked 37 percent on Friday after the company warned profit for H2 will be less than half of its prior estimate.

MGM China revenue boosted by Cotai opening

MGM China posted a 25 percent increase in Q1 earnings, boosted by an $85 million contribution from the newly opened MGM Cotai. Revenues totalled $596...
Solid Gaming

Knowledge trumps content in Asia’s complex i-gaming world

In Asia’s complex and diverse igaming landscape, having the right content means business success only if one more key ingredient is included - market knowledge. 

Instant and secure deposits

AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.

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...

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Suppliers get igaming boost

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Macau gaming law revision not likely until late 2021

Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry. 
Summit Ascent's Tigre de Cristal

Staycations to benefit Summit Ascent in short term

Locals seeking staycations are likely to provide strong support for Summit Ascent in the short term until international travel resumes, Citic Securities analysts wrote in a note.

Dusit Thani expands to Singapore, counts on staycations

Thai hotel chain, Dusit Thani, has opened its first hotel in Singapore and said that there is strong local demand for "staycations" to support the property while borders are closed.

Resorts World Las Vegas to begin interview process

Resorts World Las Vegas will begin sending out invitations for interviews for a potential 6000 jobs at the resort this week. The property is scheduled to open in Summer next year.