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Naga3 in advanced planning stage

NagaCorp says the third phase of its IR in Phnom Penh is in the advanced planning stage, after the opening of Naga2 late last year helped to almost double gross gambling revenue in the first nine months of the year.
Pokerstars

Stars Group Q2 revenue gains 34.8 percent, helped by Australia

Canada-based Stars Group, owner of the PokerStars brand, reported a 34.8 percent jump in Q2 revenue, helped by recent acquisitions in Australia.

SKYCITY CEO sees bright future; analysts unexcited

SKYCITY Entertainment CEO Graeme Stephens is optimistic about the group’s prospects, helped by expansion in Auckland, a planned venture into online gaming and a rebound in international VIPs, although analysts remain cautious.

Macau Legend sees H1 profit

Macau Legend Development said it expects to post a profit in the first half of 2018, boosted by the sale of New Macau Landmark Management.

MGM China H1 revenue up 30 percent

MGM China Holdings Limited said its H1 revenue rose 30 percent, helped by the February opening of its new Cotai resort.

500.com Q2 revenue jumps on TMG acquisition

500.com, a provider of lottery services in China reported soaring revenue for Q2, helped by the early July acquisition of TMG Group, an online lottery betting and online casino platforms operated out of Malta.

Paradise expects to swing to H1 profit

Paradise Entertainment, of provider of electronic gaming equipment, said it expects to swing to a profit for the first half of this year, powered mainly by strong sales of equipment and systems.

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.

Maruhan suffers 7.6 percent revenue decline in FY17

Maruhan, operator of the second-largest number of pachinko halls and number one in terms of sales, suffered a 7.6 percent decline in overall revenues...

Star Entertainment VIP revenue surges, Brisbane project costs rise

Star Entertainment Group said its international VIP rebate business has continued to show strong growth into the second quarter, with turnover jumping almost 64 percent year to date.

TRENDING ARTICLES

BetConstruct launches nine new live casino games

Sports betting and gaming software provider BetConstruct continues to expand its catalog of live casino games for the UK Market. Providing an ever-diverse array of Live Casino Gaming to its White Label and Turnkey partners including VBet UK. 

Emperor Entertainment Hotel declares special dividend

Hong Kong-listed Emperor Entertainment Hotel Limited has announced a special dividend of HK$0.05 per share, to be paid out on June 25, 2021 to shareholders.

Vietnam mulls plans to open Phu Quoc to vaccinated tourist

The Vietnamese government is studying ways to open up Phu Quoc island to fully vaccinated travellers as a first step in reviving international travel. 
hong Kong

HK police arrest 23 in multi-million dollar gambling bust

Hong Kong police have arrested 18 people in a bust on a triad-controlled bookmaking syndicate that took in more than HK$3.4 billion ($438 million) in illegal bets on horse racing and football in the first four months of this year.
Macau, tourism, stimulus package

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.