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Macau SLOT sees 30% profit drop in 2019

Macau SLOT reported a 30 percent drop in profit for 2019 to MOP154.8 million ($19.3 million), according to Macau Business.

Macau GGR could decline well over 40% in 2020: Bernstein

Macau gross gaming revenue could decline “well-over” 40 percent in a slow recovery environment, said Bernstein analyst Vitaly Umansky in a webinar on Tuesday. The...

MGTO expects tourism growth to decline in 2020

The Macau Government Tourism Office (MGTO) on Wednesday said it expects visitor arrivals to Macau to drop by around 3 percent this year. MGTO director...

Sega Sammy April-Sept. sales fall 3.2 percent

Sega Sammy Holdings says net sales in the April-September 2019 period fell 3.2 percent to JPY166 billion (about $1.5 billion).

Trade war causes slump in Chinese outbound travel

Southeast Asia’s tourism hotspots are feeling the effects of the U.S.-China trade war, which has caused a slump in tourism arrivals and spending, Bloomberg...

Macau GGR falls 8.6% in August

Macau August GGR missed expectations, falling 8.6 percent year-on-year to MOP24.3 billion, according to data from the Gaming Inspection and Coordination Bureau.  Analysts earlier said...

Junkets don’t want to come here: Brown

Significantly reduced VIP gaming revenue caused Imperial Pacific International to swing to a loss of HK$1.9 billion (US$239.6 million) in the first six months...

LRWC dragged by lower VIP turnover, expenses

Higher operating expenses and a significant decline in income from its junket operations saw Leisure and Resorts World swing to a net loss of...

Star Entertainment profit hit by fall in VIP spending

Australian casino operator Star Entertainment Group posted an 8.4 percent annual drop in profit, amid a fall in VIP gaming revenue.  On Friday, the group...

Landing expects net loss for six months to June 30

Landing International has informed its shareholders that it expects to record a net loss for the six months ended June 30, due in part...

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Mobile Premier League (MPL) has raised $90 million in new financing and plans expansion outside India.
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Donaco International said its Star Vegas property in Cambodia reopened on Friday, though on a limited basis to test operational systems.
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BBIN’s charity arm, TGB Charity, has donated $60,000 to a project to promote understanding of health and sanitary knowledge in India.
AGB Webinar Attracting Players, Not Fraudsters

AGB Webinar Series: Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt...
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Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.
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IN FOCUS: AUSTRALIA Reopening pubs, online rethink and reflections on gambling behaviour The country tackled the first wave of the epidemic with relative success, however,...