Hong Kong-listed Summit Ascent Holdings Ltd said on Tuesday that it expected a net loss of “not more than” HKD50 million (US$6.5 million) for the first half of 2020, due to the negative impact from Covid-19. The firm posted a profit of HKD42.8 million for the first six months of 2019,...
Industry Talk
Konami Holdings Corp reported on Thursday a segmental loss for its gaming and systems division in the three months ended June 30. Such loss was JPY925 million (US$8.8 million), compared to...
Trends & Tech
Casino equipment maker and financial technology (fintech) supplier Everi Holdings Inc stands to benefit from its move into the latter segment, now that the global casino industry has to...
Latest News
-
Authorities in mainland China’s Guangdong province are set to resume on August 26 the issuance of tourist visas to Macau, according to a Tuesday announcement. That includes visas for package tour trips and for...
-
Success Universe Group Ltd, an investor in Macau casino hotel Ponte 16 (pictured), said on Monday that it expects to record a first-half consolidated loss in the range of approximately HKD120 million (US$15.5...
-
Genting Hong Kong Ltd says it expects to record an unaudited consolidated net loss of “not less than US$600 million” for the six months ended June 30. The company said the lacklustre result was because of...
-
Japanese gaming conglomerate Universal Entertainment Corp says its group net sales in the first six months of 2020 actually rose by 24.9 percent, to nearly JPY65.65 billion (US$621.8 million), from JPY52.54...
-
Three out of every four workers remaining at casino complex Resorts World Sentosa (RWS) after a round of job cutting is a Singapore local, confirmed the city-state’s Ministry of Manpower in a statement reported by...
-
Casino operator Genting Singapore Ltd posted a SGD163.3-million (US$119.2 million) net loss in the quarter to June 30, compared to net profit of about SGD168.4 million in the prior-year period. The company said in...
-
The Japanese government is reviewing the possibility of introducing changes to its timetable for licensing casino resorts in the country, because of Covid-19, said the nation’s Minister of Land, Infrastructure,...
-
The timing of Japan’s national so-called basic policy on integrated resorts (IRs), as casino complexes are known in that country, is one of the main “uncertainties” to be addressed in order to help...
-
Hong Kong-listed Summit Ascent Holdings Ltd said on Tuesday that it expected a net loss of “not more than” HKD50 million (US$6.5 million) for the first half of 2020, due to the negative impact from Covid-19. The...
-
Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, saw its second-quarter net loss rise to nearly KRW31.88 billion (US$26.9 million), widened from KRW2.46 billion in the opening three months of...
-
New York-based IAC/InterActiveCorp has acquired a 12-percent interest in U.S.-based casino operator MGM Resorts International for an aggregate of about US$1 billion. The acquisition of just above 59 million shares in...
-
Casino equipment maker and financial technology (fintech) supplier Everi Holdings Inc stands to benefit from its move into the latter segment, now that the global casino industry has to live with Covid-19, says a memo...
From the Press
SkyCity shutting Auckland casino 
as Covid-19 cases detected again
New Zealand Herald Aug 12
Workers dorm in Singapore
'cleared' of Covid-19: ministry
The Edge Singapore Aug 11
Democrats ask FBI to investigate
recent call between Trump, Adelson
The Nevada Independent Aug 10
Partners
Most Popular
Zhuhai to restart IVS, tour visas to Macau on Aug 12 August 10, 2020 
Guangdong tourist visas resume Aug 26, nationwide Sept 23 August 11, 2020 
CEO says Macau Fisherman’s Wharf not sold: report August 10, 2020