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Competition hurts half-year results at SJM Holdings Limited

Macau casino operator SJM Holdings Limited has released its unaudited consolidated interim financial results for the first six months of 2017 showing a 1.9% decrease year-on-year in net revenues to $2.64 billion. One of only six concessionaires authorized to operate...

The 13 Holdings Ltd misses July 31 opening

On Monday 13 Holdings Ltd. missed an opening deadline for the world’s most lavish hotel according to multiple media reports. Opening by July 31, 2017, was one condition of a loan the company, headed by Stephen Hung, the former...

TransAct Technologies Incorporated reports second-quarter results

Printer and transaction-based solutions developer and manufacturer TransAct Technologies Incorporated has released its second-quarter financial results showing that its gross profit rose by in excess of 6.6% year-on-year to reach $6.4 million despite an over 8% decline in net...

Konami gaming division sees 7.8 percent spike in profit

In a filing on Friday, Japanese entertainment company, Konami Holdings Corporation (9766:Tokyo), reported a 46.4 percent hike in profit group-wide for the quarter ending June 30, 2017. Asia Gaming Brief reports that profit in the quarter for the Tokyo-based company reached JPY8.5 billion (US$76.8...

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Macau half-year fiscal surplus rises thanks to gaming

In Macau, the government’s fiscal surplus for the first six months of 2017 reportedly increased by 15.3% year-on-year to stand at about $2.5 billion thanks...

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