Friday, June 18, 2021
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Singapore

Tourism spending points to promising trend

Singapore tourism arrivals are up just over 7 percent in the year to July, but a closer look at the detailed breakdown provided for Q1 shows that for the second consecutive quarter, visitors spent more on gaming, sightseeing and entertainment than in its glitzy shopping malls.

China Star sees “substantial” interim profit

China Star Entertainment said it expects to record a “substantial” profit for the six months to the end of June, reversing a loss posted in the same period a year earlier.
Pokerstars

Stars Group Q2 revenue gains 34.8 percent, helped by Australia

Canada-based Stars Group, owner of the PokerStars brand, reported a 34.8 percent jump in Q2 revenue, helped by recent acquisitions in Australia.

Caesars swings to Q2 profit as revenue doubles

Caesars Entertainment swung to a profit in Q2 as revenue doubled due to the inclusion of income from Caesars Entertainment Operating Company, which emerged from bankruptcy late last year.

World Cup draws record bets but predictable final damps profit

With the football World Cup finally at a close, Russian bookies are finding their profits are lower than expected, despite a surge in volume.

Strong domestic performance drives GENM 18Q1 results

Genting Malaysia Berhad, operator of Resorts World Genting (RWG) in Malaysia reported a 16 percent improvement in net profit for the first quarter of...

Aristocrat sees growth in US and Digital business units

Australian slot manufacturer, Aristocrat, posted a rise in its half-year earnings, due mainly to ongoing expansion of its Americas and Digital businesses. Net profit...

Berjaya Assets net profit falls 90 percent in last quarter

Berjaya Assets Bhd saw its net profits decline 90.8 percent year-on-year in the third quarter ending March 31, 2018, down to RM16.6 million (US$4.2 million).

LRWC Q1 profit drops 70 percent

Leisure & Resorts World Corp. said its Q1 profit dropped nearly 70 percent following its divestment from the City of Dreams, non-recognition of deferred tax assets and pre-opening expenses from a planned casino on Boracay.

Universal seeks IPO for Tiger, says Manila sales rising

Universal Entertainment said it plans to seek a stock market listing for the company that controls its Okada Manila property within the next two years as it positions for further growth.

TRENDING ARTICLES

Resorts World Genting

Malaysian politicians question Resorts World Genting casino opening

Two of Malaysia's opposition politicians are raising concern as to why Genting Malaysia's casino remains open at Resorts World Genting when all bars and restaurants are shut under the country's movement control order. 
IGT Logo

IGT: New products greet customer return

As we all know, the industry has been hit hard, and some countries have had more prolonged and repeated impacts than others. So, it’s been a two-stage ‘recovery’ with Macau now leading the way, and other countries seemingly recovering and then going backwards into lockdown again. We are very hopeful for our customers that we will see a stronger bounce back on reopening as we have seen in other countries, such as Australia and in the USA.
Lynn McCreary

Sportradar Appoints Lynn S. McCreary as Chief Legal Officer

Sportradar, a leading global provider of sports betting and sports entertainment products and services, announced the appointment of Lynn S. McCreary as Chief Legal Officer. 

Regulators barely have a seat at the table [video]

Asia Gaming Brief asia editor Felix Ng catches up with former gaming regulator Paul Newson, Principal at Senet Advisory about how the pandemic, and recent royal commissions have sparked change in the approach to gaming regulation in Australia.
RWLV Genting

RWLV going cashless sets benchmark for wider industry

Resorts World Las Vegas’ new casino floor, which opens on June 24, is set to feature cashless gaming and smart tables using RFID chips.