Saturday, August 18, 2018

Macau casino GGR for May “below consensus”

In Macau, gross gaming revenue (GGR) for casinos reached nearly MOP25.49 billion (US$3.15 billion) in May, an increase of 12.1% year-on-year for the month,...

Tigre De Cristal being hurt by lack of weekend room capacity

In Russia, a lack of available rooms at weekends is reportedly harming business at Tigre De Cristal although the anticipated opening later in the...

Hanoi asked to approve casino for $2.2 billion beach resort

A Lăng Cô development received a helping hand from provincial authorities recently when officials there asked the government in Hanoi to approve a casino...

Steve Wynn allegations could hurt future of Wynn Resorts Limited

The sexual misconduct allegations recently levied against American casino magnate Steve Wynn (pictured) could reportedly have a negative long-term impact on his Wynn Resorts...

OPAP shows off remarkable Q1 2018 results

Athens-based gambling company, OPAP has published exceptional financial reports for Q1 2018, revealing an increase of revenues by 5.1%. Further insights discovered that the...

Novomatic AG reports record-breaking year

After announcing in January that it was proceeding with its $354.5 million plan to purchase a controlling stake in Ainsworth Game Technology Limited, giant...

Optimistic prediction sends Macau share prices soaring

Share prices for some of the biggest casino operators in Macau have reportedly climbed considerably this week following the publication of a report from...

Bloomberry Resorts Corporation reports record quarterly net profit

A little less than two weeks after paying approximately $717.2 million for two parcels of land adjacent to its Solaire Resort and Casino and...

Asia Pioneer Entertainment Limited to list 250 million new shares

In Macau, electronic gaming machine distributor Asia Pioneer Entertainment Limited has reportedly announced that it is hoping to raise approximately $6.4 million by placing...

Konami gaming division sees 7.8 percent spike in profit

In a filing on Friday, Japanese entertainment company, Konami Holdings Corporation (9766:Tokyo), reported a 46.4 percent hike in profit group-wide for the quarter ending June 30, 2017. Asia...
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