• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Grand Emperor Hotel annual gaming revenue down 16 pct

Jun 25, 2015 Newsdesk Latest News, Macau, Top of the deck  


Grand Emperor Hotel annual gaming revenue down 16 pct

Gaming revenue at the Grand Emperor Hotel (pictured), on Macau peninsula, fell by 15.6 percent year-on-year in the year to March 31. It was against a backdrop of what the operating company called “a challenging market environment overshadowed by economic and regulatory concerns”.

Such revenue was approximately HKD1.73 billion (US$223.2 million) during the period, compared to HKD2.05 billion in the year-prior period.

The venue – which operates casino gambling on a licence from Macau casino firm SJM Holdings Ltd – is controlled by Hong Kong-listed Emperor Entertainment Hotel Ltd. The latter also owns Inn Hotel Macau, a non-casino venue formerly known as Best Western Hotel Taipa.

Gaming accounted for 85.1 percent of the group’s total revenue during the period, the parent company said in a filing on Wednesday.

Emperor Entertainment Hotel said that group profit for the 12 months fell 16 percent to HKD504.30 million from HKD600 million a year earlier. Basic earnings per share were HKD0.39, compared to HKD0.46 in the year-prior period.

The board recommended the payment of a final dividend of HKD0.06 per share. Together with an interim dividend of HKD0.05 per share, the total dividends per share for the year were HKD0.11, compared to HKD0.135 in fiscal 2014.

The 307-room hotel had 67 gaming tables and 200 slot machine seats on the main casino concourse and a self-managed VIP room with 10 tables during the reporting period.

While rolling volume from the VIP room fell 2.7 percent during the period, to HKD25.4 billion from HKD26.1 billion in 2014, revenue actually grew by 11.8 percent to HKD504.7 million, from HKD451.5 million in the year-prior period, accounting for 24.8 percent of the group’s total revenue.


  • tweet
Related articles
  • Grand Emperor Hotel owners say revenue deal with SJM fair
    Grand Emperor Hotel owners say revenue...

    Feb 22, 2023  

  • Grand Emperor returns to a Macau satellite operation
    Grand Emperor returns to a Macau...

    Jan 03, 2023  

More news
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govt
    Macau March GGR up 247pct y-o-y, to...

    Apr 01, 2023  

  • Some Macau hotels say no rooms vacant 3 days of Easter
    Some Macau hotels say no rooms vacant 3...

    Mar 31, 2023  


Latest News

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Apr 01, 2023  

Macau’s casino gross gaming revenue (GGR) was up 246.9 percent year-on-year in March, to just under MOP12.74 billion (US$1.58 billion). The March tally was up 23.4 percent month-on-month,...
Read More
Some Macau hotels say no rooms vacant 3 days of Easter

Some Macau hotels say no rooms vacant 3 days of Easter

Mar 31, 2023  

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Mar 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Efforts have pivoted to the construction of the hotel tower, with plans to launch a soft opening before the end of 2024 and a grand opening in 2025”

Casino investor LET Group

On the development of a casino hotel in Manila, the Philippine capital



Most Popular

  • Some Macau hotels say no rooms vacant 3 days of EasterSome Macau hotels say no rooms vacant 3 days of Easter March 31, 2023
  • Macau 2023 GGR at 45pct of pre-Covid level: Moody’sMacau 2023 GGR at 45pct of pre-Covid level: Moody’s March 31, 2023
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govtMacau March GGR up 247pct y-o-y, to US$1.6bln: govt April 1, 2023
  • LET Group narrows year loss, Manila site open end 2024LET Group narrows year loss, Manila site open end 2024 March 31, 2023
  • Japan govt delays IR decision due to local elections: reportJapan govt delays IR decision due to local elections: report March 30, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us