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“Seacations” offer Genting HK potential revenue relief
Genting Hong Kong, which this week said it was assessing whether it has enough financial resources to continue operating, will be permitted to offer “seacation” cruises from Hong Kong from July.
Konami gaming & systems revenue falls 41.4%
Japanese gaming manufacturer Konami said its Gaming & Systems business revenue fell 41.4 percent to JPY16.6 billion in the year ended March 31, 2021, due mainly to the various closures of casino facilities in 2020.
U.S. gaming tops pre-pandemic level, matches quarterly record
U.S. Q1 gambling revenue was 4.1 percent above the industry's pre-pandemic level in Q1 2019 and matched the highest grossing quarter ever, which was Q3, 2019, according to figures from the American Gaming Association.
Kangwon Land Q1 sales decline from Q4
Kangwon Land reported a 58.7 percent drop in Q1 sales from the prior year, with the situation also deteriorating on a quarterly basis, declining 25.8 percent from Q4.
Genting Singapore faces estimate cuts after weak Q1
Genting Singapore’s weaker-than-expected Q1 results is likely to trigger a series of estimate reductions from analysts, with Maybank leading the way by slashing its forecasts for the operator of Resorts World Sentosa.
SG Q1 revenue gains 1%, helped by digital, Sciplay and lottery
Scientific Games said Q1 revenue rose 1 percent and its loss narrowed significantly thanks to gains in its lottery, Sciplay and digital businesses.
GKL April sales gain 48.4% over March
Grand Korea Leisure said its casino sales rose 48.4 percent in April from the prior month, though are down 86.1 percent from the same month last year.
Donaco revenue plunges on latest Cambodia shutdown
Donaco International said its revenue in the March quarter plunged by half due to a new outbreak of Covid in Thailand and Cambodia resulting in border closures and the shutdown of its Star Vegas property.
MGM Resorts posts lower than expected loss in 21Q1
U.S. casino operator MGM Resorts posted a smaller than expected loss in the first quarter of 2021, with its U.S. regional properties and its Macau operations helping to prop up the company’s lower results in Las Vegas.
Australia gambling spend rises 0.5% in FY2018/2019, casinos down 4.8%
The total amount spent on gambling in Australia in the fiscal year ending June 2019 rose 0.5 percent to A$25 billion, although casino revenue dropped 4.8 percent.
Australasian Gaming Expo (AGE) 2021
The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – June 2021 Edition
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
Asia Gaming Briefings – April 2021 Edition
In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.