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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.
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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Ho Iat Seng

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. 
Suppliers get igaming boost

Suppliers get igaming boost

Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.

BBIN becomes official igaming partner of Atletico Madrid in Asia

BBIN said it has become the Official iGaming Supplier Partner of Atlético de Madrid in Asia.
India lottery

India’s Supreme Court upholds GST on lotteries

India’s Supreme Court has dealt a blow to the country’s lottery business, upholding the constitutional validity of imposing a General Services Tax (GST) on sales and winnings of lottery tickets.

India’s Supreme Court upholds GST on lottery sales

India's Supreme Court has rejected a petition by Skill Lotto Solutions against the government's decision to impose a general sales tax of 12 percent on lottery tickets. That tax rises to 28 percent if the tickets are sold to someone in another state.