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Court grants IPI extension in CCC lawsuits

Imperial Pacific International has until May 17 to respond to the CNMI government’s motion to dismiss its lawsuit. Northern Mariana Islands.- A District Court has granted Imperial […]

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Grand Korea Leisure posts net profit of US$7.4m for Q1

Net profit was down 52.8 per cent in year-on-year terms.  South Korea.- The South Korean operator of foreigner-only casinos Grand Korea Leisure (GKL) has shared its financial […]

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SJM Holdings GGR up 77.3% in Q1

The casino operator has reported gross gambling revenue of HK$6.89bn (US$881m). Macau.- SJM Holdings has shared its financial results for the first three months of the year. […]

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IEC begins casino operations in the Philippines

Full operations will begin tomorrow. The Philippines.- International Entertainment Corporation (IEC) has commenced limited operations at its new casino in the Philippines, with full operations set to begin tomorrow […]

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Wynn Resorts to invest US$900m in UAE IR

The casino operator is also eyeing Thailand. Macau.- Wynn Resorts’s chief executive Craig Billings has estimated that the group will invest around US$900m in the construction of […]

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India issues warning on online gambling promotion

India’s Ministry of Information and Broadcasting has warned social media influencers. India.- The Ministry of Information and Broadcasting has warned social media influencers and online advertisers against promoting offshore online gambling and betting platforms. […]

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Paradise Co posts net income of US$19m for Q1

Paradise Co’s income was up 271.1 per cent year-on-year. South Korea.- Paradise Co has reported a net income attributable to shareholders of KRW25.94bn (US$19m) for the first […]

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IPI accused of abusing bankruptcy process

IPI’s creditors have notified the US District Court that they plan to file a motion to dismiss the bankruptcy petition. Northern Mariana Islands.- Creditors have accused […]

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Kangwon Land posts net profit of US$68.1m for Q1

Kangwon Land’s net profit was up 26 per cent when compared to the previous quarter. South Korea.- Kangwon Land has shared its financial results for the first quarter of the […]

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Delta Corp posts net profit of US$8.7m for Q4

Net profit was up 110 per cent in year-on-year terms,. India.- Delta Corp has shared its financial results for the fourth quarter of the financial year 2023-24. […]

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Macau daily GGR reaches US$113m in first 5 days of May

Analysts at Jefferies expect May GGR to reach MOP19.6-21.5bn. Macau.- Jefferies has estimated that Macau’s daily average gross gaming revenue (GGR) for the first five days of May was […]