Paradise Entertainment Generated $7.8 Million Profit in 2023 to Actively Seek International Expansions

A Macau’s leading gaming and entertainment operator, Paradise Entertainment Ltd, reveals that the company generated? a profit of US$7.8 million in 2023. The value added to the company's 2023 balance sheet after...

Galaxy Ent. Releases Financial Report For 4Q23 & FY23; GGR Grew 6% Sequentially In 4Q23

Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to December 31 of the previous year, which jumped by 254% compared to the prev...

DraftKings To Enter Lucrative US Lottery Market Via $750 Million Jackpocket Acquisition

A leader of global iGaming and sports betting operations, DraftKings Inc, has reached an acquisition agreement with US-leading lottery operator Jackpocket for a total consideration of around $750 million. As re...

Wynn Macau Ltd Hit Record EBITDAR and Generates $910 Million in Revenues in Q4 2023

Now that the first year of post-pandemic gambling operations has run, financial reports of Macau gambling operators indicate that the industry has fully recovered in the region. Total operating revenues of US$9...

Genting Singapore Increases Profit By 60% and Invests $5 Billion In the Resorts World Sentosa Expansion

Casino operator Genting Singapore Ltd reports about the sustained recovery in the region as the company generated almost SGD690.0 million (US$507.1 million) in gross gaming revenues in the third quarter of 2023...

Sands China Hits $1.78 Billion Revenue In Q3 2023 To Verify Post-Pandemic Recovery

It seems that the Sands China has definitely recovered from the lows experienced during the pandemic years as the casino giant registered a $1.78 billion revenue in the third quarter of 2023. When compared to t...

SJM Holdings Experiences 241% Year-Over-Year GGR Growth

SJM Holdings, a flagship owner, operator and developer of casinos and IRs in Macau, revealed gross gaming income (GGR) of HK$5.66 billion, approximately US$722 million, for the three months to June 30th, 2023, ...