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Despite losses, LVS says recovery is well underway

Las Vegas Sands put a positive spin on the future outlook as it reported another quarter of heavy losses triggered by the Covid-19 pandemic.
Pogos Philippines offices

POGOs given “ample opportunity” to settle dues, PAGCOR says

Philippine Offshore Gaming License Operators (POGOs) have been given ample opportunity to settle their obligations to the government, though some have chosen to close down because of the impact of Covid-19 on their business, the regulator said.

SkyCity revenues rise and profits fall in FY2020

The SkyCity Entertainment Group announced its full year results on Thursday morning for the July 2019 to June 2020 period, showing revenues rising but...

Success Universe posts US$17 million loss for H1

Success Universe Group, which operates Sofitel Macau At Ponte 16, has posted HK$132.2 million (US$17 million) in net losses in the first half of...

Suncity revenue down 70 percent in H1

Suncity Group Holdings has reported 2020 H1 results showing RMB93.7 million (US$14 million) in total revenues, a figure which is down 70 percent year-on-year. The...

Summit Ascent loses US$6.1 million in H1

Summit Ascent Holdings has reported a HK$47 million (US$6.1 million) loss for the first half of 2020. The previous year, there had been a...

Reef Casino Trust reports US$17.1 million loss for H1

Reef Casino Trust, operator of the Reef Hotel Casino in Cairns, has reported a loss of nearly A$23.7 million (US$17.1 million) for the first...

Suncity expects H1 losses of US$15.1 million

Suncity Group has issued a profit warning noting that, based on its preliminary review, the group is expecting to report about RMB108 million (US$15.1...

PH Resorts revenue collapses in Q2

PH Resorts’ total revenues in the April-June 2020 quarter fell by more than 99.9 percent from the previous year, reaching only PHP12,537 (US$263). The corresponding...

APE losses widen significantly in H1

Asia Pioneer Entertainment Holdings has reported a 46 percent fall in its H1 revenues, hit by the impact of Covid-19 in both direct and...

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Macau Casino Dealer

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The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

Puducherry government urges blanket ban on online gambling

The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
Bloomberry Foundation, PAGCOR complete quarantine facilities

Bloomberry Foundation, PAGCOR complete quarantine facilities

Bloomberry Foundation and the Philippine Amusement and Gaming Corp said they have completed the capital region’s largest quarantine facility for Covid-19 patients.
gambling chips

Asia turns up heat on online gambling

Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

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.
asia gaming briefings Sep 20

Asia Gaming Briefings – Sep 2020 Edition

IN FOCUS: SPORTS BETTING Ball games bounce back. Major sporting events are slowly ramping up around the world and with them the drama and surprises, not all of them good for sports betting operators.
Asia Gaming Briefings AUG 2020

Asia Gaming Briefings – Aug 2020 Edition

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,...