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.
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. 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 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’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.
Scientific Games said Q1 revenue rose 1 percent and its loss narrowed significantly thanks to gains in its lottery, Sciplay and digital businesses.
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 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.
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.
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.