Galaxy Entertainment jumped as much as 12 percent in Tuesday trading, leading a strong rally amongst all six Macau casino operators, after news of easing travel restrictions with Mainland China.
FBM has been developing its slots offer over the last three years, with operations established in Europe and North America. The company is now accelerating its slots expansion campaign in Asia
Konami Holdings has reported a steep decline in its gaming segment revenue in the April-December 2020 period to JPY11.75 billion (US$112 million), down 48.8 percent on a year-on-year basis.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.