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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.

Melco Q2 hit by bad luck; COD Manila and Altira drive performance

Melco Resorts & Entertainment reported an 8 percent gain in adjusted property EBITDA driven by its City of Dreams Manila and Altira properties, though overall revenue fell after a change in accounting practices.

Fitch says MGM credit profile improving

Fitch Ratings has reaffirmed the credit rating of MGM Resorts and its MGM China unit, saying the group’s credit profile is improving.

Strong domestic performance drives GENM 18Q1 results

Genting Malaysia Berhad, operator of Resorts World Genting (RWG) in Malaysia reported a 16 percent improvement in net profit for the first quarter of...

Paradise Entertainment revenue rises, boosted by gaming systems

Paradise Entertainment posted a 31.1 percent gain in Q1 profit, boosted mainly by surging revenue from its electronic gaming division.

Bloomberry expects banner year after solid 18Q1

Philippine casino operator, Bloomberry Resorts Corp saw strong earnings growth in the first quarter of 2018, smashing prior records. Net profit increased 71 percent year-on-year,...

Macau Q1 hints at non-gaming revenue growth: MS

Property EBITDA growth at Macau’s six operators rose faster than GGR growth in Q1, in part because of improving non-gaming revenue, Morgan Stanley said...

Cotai opening boosts MGM’s 18Q1 revenue

MGM China, one of Macau’s six gaming concessionaires, reported a 26.4 percent year-on-year increase in revenue in the first quarter of 2018. Such revenue...

Core business growth boosts Caesars Q1 results

Las Vegas-based Caesars Entertainment Corp saw first quarter net revenue more than double in 18Q1 compared to the prior year, reaching $1.97 billion.

Melco Q1 revenue gains 3 percent

Melco Resorts & Entertainment posted a 3 percent increase in Q1 revenue, driven by Studio City and Altira.

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Macau latest week GGR down 24% from prior: Bernstein

Macau's gross gambling revenue in the second week of June was down 24 percent from the prior week and off 51 percent from May due to ongoing restrictions in neighbouring Guangdong on new Covid outbreaks, according to Bernstein Research.