Paradise Co Reports 13% Drop in April Casino Revenue

Summary: Paradise Co reported a 13% decrease in April casino revenue compared to the previous year, totaling US$50.7 million. While table games and machine game revenue declined, the table drop increased, suggesting potential for future growth. The company is investing in upgrades and new developments to attract high-value international guests and achieve its ambitious growth…

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Belle Corp Aims for Clark Gaming License in 2024: CEO

Summary: Belle Corp CEO Armin Raquel Santos anticipates securing a gaming license for a new casino resort in Clark, Philippines, within 2024. The project, estimated at US$200-300 million, will leverage Clark’s strategic location and growing tourism sector. Belle Corp plans to partner with an experienced operator for casino and hotel management. Armin Raquel Santos, President…

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Jeju Dream Tower’s Casino Revenue Soars to US$23.5 Million in April 2025

Summary: Jeju Dream Tower’s casino reported a significant revenue surge in April 2025, reaching US$23.5 million, driven by increased player volume. While casino revenue showed strong growth, hotel revenue experienced a slight decline. The integrated resort’s diverse amenities contribute to its overall appeal. Read moreHappyLuke Casino VietnamLotte Tour’s Jeju Dream Tower integrated resort in South…

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MGM Resorts Increases Investment in Osaka Casino Project to US$3 Billion

Summary: MGM Resorts has increased its investment in the MGM Osaka integrated resort project to US$3 billion, reflecting updated cost estimates. Despite the increased investment, the company remains confident in the project’s profitability and on-time opening in 2030. The announcement came alongside the release of MGM Resorts’ first-quarter 2025 financial results, which showed a slight…

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Pagcor’s Q1 2025 Net Income Surges 23% to US$75.6 Million, Driven by Strong Gaming Revenue

Summary: PAGCOR reported a 23% year-on-year increase in net income for Q1 2025, reaching US$75.6 million, driven by strong performance in electronic games, licensed casinos, and efficient cost management. Total revenue increased by 11.2%, and contributions to nation-building rose by 21.5%. The positive results reflect PAGCOR’s commitment to responsible governance and fiscal discipline. The Philippine…

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Kangwon Land Q1 2025 Earnings: Net Income Falls 17% YoY as Mass Gaming Revenue Slips

Kangwon Land Inc Q1 2025: Financial Insights and Expansion Plans in Macau Casino and Sports Betting Asia Markets Summary Kangwon Land Inc, the sole South Korean casino operator permitted to serve locals, reported a Q1 2025 net income of KRW78.0 billion (US$54.3 million), down 16.9% year-on-year and 31.1% sequentially, according to a Korea Exchange filing….

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