GGRAsia
WEBOver 36k illegal gambling sites blocked in 1H: Macau govt. Sep 17, 2024. “More than 36,000” illegal gambling websites were blocked by the Macau security authorities in the first half of 2024, said the Office of the Secretary for Security in its latest report on gaming-related crime statistics. “Illegal gambling websites often pretend to ...
Macau - GGRAsia
WEBGaming-linked crime up 62pct y-o-y in 1H: Macau govt. Sep 16, 2024 Newsdesk Latest News, Macau, Top of the deck. Gaming-related crime cases rose by 61.8 percent year-on-year in Macau in the first six months of 2024, said a report issued on Monday by the Office of the Secretary for Security.
‘Stable’ for Melco units justified by leverage: Moody’s
WEBAug 22, 2024 · The pre-pandemic level in 2019 was US$1.5 billion,” the ratings agency noted. Moody’s also commented that Melco Resorts had “very good” liquidity, with US$1.1 billion in cash, excluding restricted cash, as of June-end. It also had US$1.9 billion via a revolving credit facility as of that date, according to second-quarter earnings call ...
GEN Singapore 2023 rev up 40pct, profit tops US$456mln
WEBFeb 22, 2024 · Casino operator Genting Singapore Ltd posted annual net profit of nearly SGD611.6 million (US$456.0 million) for full-year 2023, up 79.8 percent from the prior year. That was on revenue that rose 40.1 percent year-on-year, to just below SGD2.42 billion, according to unaudited results published on Thursday by the firm.
Suncity eyes Manila casino start 2022-end, resort 2023 - GGRAsia
WEBSep 25, 2020 · A new Manila casino resort (pictured in an artist’s rendering) at the Westside City Project is likely to launch in 2022 at year-end, followed by a “grand opening” of the rest of the resort property in 2023, said on Thursday, Suncity Group Holdings Ltd, in response to an enquiry from GGRAsia. In June, the firm had mentioned that the main ...
Singapore GP neighbour MBS flags Ferrari partnership
WEBJul 31, 2023 · Singapore casino resort Marina Bay Sands (MBS), which overlooks part of the route for the city-state’s famous Formula 1 Grand Prix (GP) night race, announced on Monday a partnership with Italy’s Scuderia Ferrari SpA, the motor racing division of luxury car marque Ferrari.
Genting Malaysian ops hampered by Covid wave: analysts
WEBMay 31, 2021 · Brokerage Nomura says it is lowering by 17 percent its 2021 revenue estimates for casino operator Genting Malaysia Bhd, due to additional restrictions to stem the further spread of Covid-19 in Malaysia.
Philippines - GGRAsia
WEBSep 12, 2014 · E-games maybe US$357mln tax harvest for Philippine govt. Sep 13, 2024 Newsdesk Latest News, Philippines, Top of the deck . The electronically-delivered games segment in the Philippines – referred to as e-Games – could contribute as much as PHP20 billion (US$356.9 million) in franchise tax this year to the country’s...
Macau slips behind Singapore, Philippines for 3Q GGR
WEBNov 17, 2022 · Macau has fallen to third spot regionally in terms of gross gaming revenue (GGR) in the three months to September 30, behind Singapore and the Philippines, according to figures compiled by GGRAsia. The Philippine casino sector produced GGR of just above PHP49.36 billion (US$860.7 million) in the third quarter of 2022, a …
GGRAsia – MGM Cotai opening postponed to February: firm
WEBJan 25, 2018 · Macau-based gaming operator MGM China Holdings Ltd has delayed the opening of casino resort MGM Cotai (pictured) to February. The firm had previously said the property was scheduled to open on January 29. “We put out an announcement today indicating that we will not open the doors of MGM Cotai on January 29th,” the company said in a press release on Thursday.
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