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Macau casino operator Wynn Macao Ltd's first-quarter operating revenue rose 9.7% from the previous quarter to $998.6 million. Those sales were up 66.4% from $610 million in the first quarter of 2023, according to a filing with the Hong Kong Stock Exchange on Tuesday.The company operates the win palace resort [more...]
The acquisition of a nearly 10% stake in Australian-listed Asian casino operator Donaco International in December 2018 came under "unacceptable" conditions, the Australian transition team said in a news release on Tuesday.The panel ordered OL Master (Singapore Fund 1) Pte Ltd - a company called "OCP" for short - to [more...]
Konami Group reported 9.7 billion yen ($64.6 million) in revenue from its gaming and systems division, including casino equipment, in the three months to June 30. The results were down 3.0 percent from a year ago, according to an announcement released Thursday.The gaming division posted a profit of nearly 1.28 [more...]
Most recently, Bragg Gaming Group issued a statement that its President and Chief Operating Officer, Lara Falzon, will be stepping down from her position. Mr. Falzon has now submitted her note that she will resign from the posts effective December 31, 2023. Meanwhile, she will remain actively involved in the [more...]
Gaming Partners International Corp (GPI), a U.S.-based supplier of casino currency and table gaming equipment, posted a net loss of $1.2 million in the second quarter of 2014, compared with a net loss of $100,000 a year earlier.The Nasdaq-listed company posted revenue of $10.2 million during the second quarter, down [more...]
Macao junket investment firm Amax International Holdings Ltd said in its annual report on Monday that it had conditionally agreed to acquire a 60% stake in Porenza Enterprises Ltd for about HK$55 million (US$7.1 million).In the 12 months to March 31, a report by Amax shows that Fornzia Enterprises holds [more...]
Canadian lotteries recently notified that the winner of this Tuesday's Lotto Max raffle has been awarded a multi-million dollar prize of C$50 million. However, players should not be discouraged as soon as they are challenged with the huge prize money once again. But this time, it will grow to a [more...]
Tokyo Governor Yoichi Masuzoe said on Friday that casino resorts were "not a priority" after a visit to the country's capital. Masuzoe said something similar in late April after his visit to China.This makes outside observers once again question whether these places should be taken at face value until they [more...]
Philippine casino operator Bloomberry Resorts Corp's first-quarter revenue fell 40.0% year-over-year due to revenue actually growing across all operating segments through March 31.In a press release on Wednesday, along with unaudited results filed with the Philippine Stock Exchange, it said the decline in profits was due to "significantly lower foreign [more...]
Boutique casino operator Silver Heritage Group said it was not concerned about the negative impact on its operations from further restrictions on the importation of Indian currency to Nepal.The Australian-listed company operates Tiger Palace Resort Bairahawa, a casino resort in Nepal that borders the Indian state of Uttar Pradesh. India [more...]
Casino group Las Vegas Sands Corp., the parent company of Macau casino operator Sands China, will issue $1.75 billion in senior unsecured bonds, according to Tuesday's prospectus. Proceeds from the issue will be used to refinance the company's $1.75 billion due in August this year.The notes will be issued in [more...]
