Revenue up, income down for IGT in 1Q22

IGT reveals amendments to revolving credit facility and term loan agreements

Global gaming giant IGT saw its net income fall by 15% year-on-year to US$117 million in the three months to ...

Wynn Macau looking to raise US$993 million through senior notes offering

Wynn Macau losses widen in 1Q22 as VIP revenues take a hit

by Ben Blaschke

11/05/2022

Macau concessionaire Wynn Macau Ltd has reported a loss of US$98.3 million in the three months to 31 March 2022, ...

Melco wins sustainability awards for “Above and Beyond” strategy

Melco focusing on liquidity management after ninth straight quarter of losses in 1Q22

by Ben Blaschke

06/05/2022

The Chairman and CEO of Melco Resorts & Entertainment Limited, Lawrence Ho, has pointed to “disciplined liquidity management” as an ...

Australian bookmaker Sportsbet sees revenues soar in 3Q21

Australian sportsbook Sportsbet reports 8% revenue growth in 1Q22

by Ben Blaschke

05/05/2022

Australia’s market leading sportsbook operator Sportsbet continues to achieve quarterly gains, reporting an 8% year-on-year increase in revenue to £291 ...

Macau GGR up 55% in November to MOP$6.75 billion

Analysts see Macau GGR rising 85% sequentially in May, albeit from low base

by Ben Blaschke

03/05/2022

Macau recorded its worst gross gaming revenue in 19 months in April, but industry analysts believe the signs are already ...

Tag: revenue