Wednesday, November 14, 2018

Good year for The Star Entertainment Group Limited

Australian casino operator The Star Entertainment Group Limited has released its consolidated financial results for the year to the end of June showing that its annual net profit had improved by...

With profits up 9% deadbeats drag down Imperial Pacific bottom line

Imperial Pacific Holdings International (IPI) wrapped up the first half of 2017 with gross profits more than two-fold what they were for the same period in 2016. However, operating expenses mainly...

Silver Heritage Group increases funding for Nepal casino resort

Silver Heritage Group Ltd announced Monday that they had secured another $5 million for Nepal subsidiary, Tiger One Pvt Ltd, bringing the company’s Tiger Palace Resort Bhairahawa another step closer to...

Genting Group subsidiary disposing of cruise ship shares

After announcing last month that it will be de-listing its shares from Singapore’s stock exchange, casino and cruise ship operator Genting Hong Kong Limited has now revealed that it has agreed...

Asia Pioneer Entertainment Limited to list 250 million new shares

In Macau, electronic gaming machine distributor Asia Pioneer Entertainment Limited has reportedly announced that it is hoping to raise approximately $6.4 million by placing some 250 million new shares on the...

Singapore continues to attract mainland Chinese tourists

Tourists from mainland China reportedly accounted for some 18% of the international visitors that entered Singapore during the first half of 2017 with their 1.55 million individual arrivals representing an increase...

Macau half-year fiscal surplus rises thanks to gaming

In Macau, the government’s fiscal surplus for the first six months of 2017 reportedly increased by 15.3% year-on-year to stand at about $2.5 billion thanks in large part to a corresponding 14.2%...

Trustly Group AB processed volume surpasses €10 billion

Swedish financial technologies firm Trustly Group AB has announced that it has processed upwards of €10 billion ($11.6 billion) since starting business in 2008 with approximately €4.1 billion ($4.7 billion) of...

Modest growth prediction for global casino industry in 2018

A new report from Fitch Ratings Incorporated has predicted that gaming markets across the globe are likely to experience moderate growth next year thanks to relatively strong economies and a comparatively...

Loto-Québec enjoys enormous growth in online gaming

Driven by online growth, along with revenue hikes at its four land-based casinos, provincial operator of games of chance, Montreal headquartered Loto-Québec, has maintained its momentum with semester revenue at C$1.814bn,...

APLICATIONS

All India Gaming Federation prepares for India Gaming Conclave

The All India Gaming Federation (AIGF) will be hosting the 2nd edition of their yearly IP event next week featuring several topics including online...

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