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Galaxy sees further Covid headwinds, but committed to expansion plans

Galaxy Entertainment said it expects further headwinds from the Covid-19 pandemic after reporting a Q2 loss, but said it remains committed to its expansion plans and its pursuit of a license in Japan. 
Philippines casino

Okada Manila posts operating loss in 20Q1

Okada Manila posted a widened operating loss of JPY 1.7 billion (US$16 million) in the first quarter of 2020, due mainly to the suspension...
playtech

Playtech Q1 results boosted by higher trading volumes

Online gaming provider Playtech plc reported strong results during the Jan 1 to Apr 30 period, with its businesses, particularly TradeTech benefitting from increased...

IGT reduces 2020 profit outlook after tough Q1

International Game Technology (IGT) said its first-quarter results were affected by Covid-19 related lockdowns beginning in March, and have subsequently reduced its 2020 profit...

MGM Resorts addresses financial impact of COVID-19

MGM Resorts International says it is implementing aggressive cost-saving initiatives to weather the COVID-19 crisis, after its properties across the United States were closed.  Since...

Transact casino and gaming sales down 19% in 2019

Transact Technologies reported a year-on-year decline in lottery, casino & gaming sales during the year ended December 31, 2019. According to a filing from the...

March GGR to fall 80 percent: Bernstein

Macau gaming continues to suffer from the ongoing coronavirus crisis, with March GGR expected to now fall 75 to 80 percent year-on-year, according to...

Paradise, GKL casino revenues up despite virus fears

South Korea’s foreigner-only casinos saw an uptick in February casino revenues, despite coronavirus scares.  Paradise Co Ltd saw its casino revenue rise 16.2 percent year-on-year...

Everi posts record revenue in 2019

Everi Holdings achieved record revenues in the 2019 calendar year, due to growth across its games, FinTech and play loyalty businesses. Said revenue rose 14...

Caesars revenues increase, but swings to a net loss in Q4

Caesars Entertainment recorded strong operational performance in the fourth quarter of 2019 but swung to a net loss of $304 million due to a...

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Macau Casino Dealer

Coronavirus live updates: Macau gaming workers to face more Covid-19 tests

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
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.
Puducherry government urges blanket ban on online gambling

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.
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,...