Foxwoods Resort Casino and Mohegan Sun in Connecticut continue to report significantly lower slot machine revenue more than half a year since MGM Springfield opened its doors in neighboring Massachusetts.
Sega Sammy Holdings recorded a group-wide 72.7 billion yen (about US$673 million) net income in the April-June 2019 period, representing a 5.7% year-on-year increase. Operating profits reached 3.4 billion yen (about US$31 million) for the quarter, which was a 265% increase over the 2018 figure.
All four Las Vegas-based operators which are in the hunt for an IR license in Japan reported strong financial results in the July-September period.
SJM Holdings reported lower-than-expected EBITDA in the July-September 2019 period as VIP gross gambling revenue tumbled 43% in the quarter.
Mohegan Gaming & Entertainment, the company behind the Mohegan Sun in Connecticut and the forthcoming Inspire Korea in Incheon, recorded a fall in net income and revenues for the quarter ended March 31, 2019.
Sega Sammy Holdings has released new financial data showing a 35.8% decline in sales revenue in the April-June 2018 period as compared to the same period last year, which resulted in a sharp 97.1% decline in net profitability.
Philippines casinos posted 187.5 billion pisos (about US$3.6 billion) in casino GGR in 2018, increasing 22.9 percent year-on-year, according to the latest data from the Philippines gaming regulator.
The strong performance of its Caesars Entertainments’ Las Vegas properties helped to boost its total revenue for the April-June 2019 period. Revenue rose 4.9% year-on-year, reaching US$2.22 billion.