Tuesday, March 28, 2023

Tag: financial results

Macau in 2019: A look back at the year in numbers

Macau 2019 in numbers
Macau’s GGR fell 3.4 percent year on year in 2019, marking the end of the special administrative region’s two-year recovery. Despite this, the city saw a..

MGM looking to sell further Las Vegas properties

MGM sell property Las Vegas
MGM Resorts International saw a quarterly loss due in part to an impairment charge related to its sale of the Circus Circus, while the company is..

Sands confident in Asia investment plans despite underwhelming Q3

Sands Asia investment plans Q3
Sands chairman and CEO Sheldon Adelson got back in the saddle for the firm’s Q3 earnings call which saw the company report a 4.3 percent decline in net..

Sun rises in the West as South Africa glooms

Sun Rises South Africa Sun International
South Africa continues to be a struggle for Sun International despite a few star performers, while to the west South America has offered the operator room..

Star Entertainment quietly optimistic following challenging FY19

Star Entertainment FY19
Star Entertainment said it’s begun to see signs of improvement in its domestic business in the wake of a tough 2019 financial year which saw a fall in..

Sands confident in long-term plans despite mixed Q2 in Macau

Sands confident plans Macau
Sands shrugged off an underwhelming Q2 in Macau, with the company’s president and COO Rob Goldstein focusing on the firm’s plans to expand its..

British casino operators see fall in profits during 2017FY

Operators in the UK saw profits fall during 2017 due to a number of different factors. The Ritz Hotel Casino in London chalked up an £11.7m loss in 2017 which cancelled out the previous year’s pre-tax profit of £8.9m. GGR dropped from £33m to £22.3m during the period, which the casino’s operators, the Barclay brothers, attributed to players’ success on the...

Intralot sees revenues up by 15 percent

icr intralot
Intralot, an international gaming solutions and operations provider, saw 15.1 percent revenue growth as it announced its financial results for the six month period ending 30 June, 2017.   Intralot Group CEO Antonios Kerastaris (pictured) said: “Continued double digit revenue growth and profitability improvements are directly linked to reforms implemented in the previous year and more specifically to our M&A and partnership...

Boyd Gaming confirms key growths during Q2 2017

ICR - Scientific report growth Boyd offering private
Boyd Gaming Corporation latest financial results saw strong progress alongside the best Q2 results in nearly 10 years for Las Vegas Locals.   The Boyd Gaming Corporation, which owns and operates 24 gaming entertainment properties across the United States, has reported a number of significant areas of growth in its financial results for Q2 2017. Keith Smith, President and Chief Executive Officer...