Summary: Kangwon Land’s first quarter 2025 report reveals a mixed performance, with details to be released soon. The initial announcement indicates a complex picture requiring further analysis to understand contributing factors. The report will likely detail revenue streams, operational costs, and profitability, offering insights into the dynamic South Korean gaming and hospitality sector. Read moreHappyLuke…
Summary: Indiana lawmakers have passed a bill that would allow existing casinos to relocate within the state, a move potentially benefiting struggling operations like Rising Star Casino Resort. The bill now heads to Governor Mike Braun for his approval, and its passage could significantly alter the Indiana casino industry. The Indiana General Assembly has passed…
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…
Summary: SJM Resorts is showing modest growth in the base mass gambling market, but this is counteracted by slow growth at its Grand Lisboa Palace and uncertainty over its satellite casinos’ future after a key deadline in December 2025. The company’s focus is now on cost control and expansion into the premium mass market. Read…
Summary: SJM Holdings reported a profit in Q1 2025, marking a significant turnaround and signaling a broader recovery within Macau’s gaming sector. The results highlight the company’s successful strategic adjustments and improved operational efficiency. Read moreHappyLuke Casino VietnamMacau’s gaming sector is experiencing a significant resurgence, with operators reporting profits not seen in recent years. Among…
Nomura Holdings Inc. posted a 27% year-over-year rise in net profit for the January–March quarter, thanks largely to the strong performance of its wholesale division. The Japanese banking giant announced on April 25 that it had achieved a net income of ¥72 billion for the fiscal fourth quarter, up from ¥56.8 billion in the same period a year ago. However, net…
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