Philippines-listed Bloomberry Resorts Corp reported consolidated net income of just under PHP1.34 billion (US$23.7 million) for the three months to June 30, down 49.1 percent sequentially on the first quarter’s PHP2.63 billion,…
GEN Singapore 2Q EBITDA down 46pct q-o-q, flags dividend
Genting Singapore Ltd, the operator of the Resorts World Sentosa casino resort (pictured), reported a net profit of SGD356.9 million (US$271.4 million) for the first six months of 2024, up 29.0 percent…
Thai PM pushing casino policy dismissed from office
The Thai-government leader – and one of the most vocal officials in support of Thailand’s push to legalise casino resort business – was on Wednesday dismissed from office by the country’s Constitutional…
Thai government’s coalition partners among critics of casino bill
Thailand’s legalized casino plans remain a divisive issue with members of the government’s coalition partner Bhumjaithai stating its opposition. According to a report by The Bangkok Post, Bhumjaithai Party secretary-general Chaichanok Chidchob…
SJM to put 10 food stalls at revitalized Kam Pek Market up for tender
Macau concessionaire SJM Resorts said Wednesday that the transformation of Kam Pek Community Centre into a dining landmark called Kam Pek Market will see 10 food stalls will be put up for…
Solaire Resort North shows positive EBITDA in first month of operation but VIP weakness drags Bloomberry Q2 results
Bloomberry Resorts Corp reported a 4% year-on-year decrease in consolidated gross gaming revenues to Php14.5 billion (US$255 million) in the three months to 30 June 2024, with the first contribution from recently…
Travellers flags 20% increase in Q2 gaming revenues at Newport World Resorts
Gross gaming revenues at Manila’s Newport World Resorts (NWR) grew by 20% quarter-on-quarter in the June quarter, aided by record footfall and strong hotel occupancy, parent company Alliance Global Group (AGI) said…
Major downturn in VIP volumes, luck hits Genting Singapore’s 2Q24 profit
A sharp drop in VIP volumes saw Genting Singapore suffer significant declines in both revenue and profitability in the three months to 30 June 2024, with analysts pointing to China’s recent crackdown…
Macau’s Paradise Entertainment expecting to return to profit in 1H24 on higher casino management and Live Multi-Game revenues
Macau’s Paradise Entertainment Limited has issued a positive profit alert ahead of expected profit of HK$119.4 million (US$15.3 million) for the six months to 30 June 2024, reversing a loss of HK$3.0…
Newport World Resorts’ Kevin Tan named Keynote Speaker at 2024 IAG Academy Summit
Leading B2B Asian gaming industry media brand Inside Asian Gaming is pleased to announce that Mr Kevin L. Tan, President and CEO of Alliance Global Group and Chairman of Newport World Resorts…