Архив меток: Latest Casino and Gambling News

MGM China Holdings Limited records third-quarter deficit

The MGM China Holdings Limited subsidiary of American casino operator MGM Resorts International has reportedly released its third-quarter financial results showing that net revenues tumbled by 93.7% year-on-year to just over $46.83 million. According to a report from Inside Asian Gaming, the drop meant that the firm’s adjusted earnings before interest, tax, depreciation and amortization […] Source link

Читать далее »

Grand Lisboa Palace expecting to open in Macau from early next year

In Macau and local casino operator SJM Holdings Limited has reportedly announced that it now anticipates conducting the long-awaited grand opening of its $5 billion Grand Lisboa Palace development sometime early next year. According to a report from Inside Asian Gaming, the Hong Kong-listed firm made the revelation as part of its third-quarter financial results […] Source link

Читать далее »

PAGCor continuing to count the cost of coronavirus closures

The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly announced that its aggregated gross gaming revenues for the first nine months of the year dropped by 60% on a comparative basis to around $1.15 billion. According to a report from Inside Asian Gaming, the state-owned regulator and operator is responsible for some 19,900 slots alongside […] Source link

Читать далее »

Gambling Commission regulator fines trio of iGaming operators

In the United Kingdom and a trio of iGaming firms have reportedly been heavily fined and placed under a revised set of operating conditions after being found wanting with regards to their anti-money laundering and social responsibility duties. According to a report from iGamingBusiness.com, the move from the Gambling Commission regulator involving GameAccount Network, BGO […] Source link

Читать далее »

Macau casinos benefitting from increased mainland visitation

Aggregated gross gaming revenues from the over 40 casinos in Macau are reportedly improving as October wears on due to the increased issuance by regional mainland Chinese authorities of group travel and Individual Visit Scheme (IVS) visas. According to a report from Inside Asian Gaming, this is the opinion of the Asian branch of financial […] Source link

Читать далее »