Sega Sammy posts JPY 16.8bn net loss through Q3 as operating income falls 54.7%
Japanese gaming and entertainment group cuts profit outlook after impairment charges and softer content performance despite modest revenue growth.
Japanese gaming and entertainment group cuts profit outlook after impairment charges and softer content performance despite modest revenue growth.
Police in São Paulo state say a public servant diverted around 10% of a small city’s annual revenue, with part of the money allegedly used on digital gambling platforms.
Technology, accounting and finance functions to move to Asia while union dispute escalates in Melbourne.
Lotte Tour returned to profit in 2025 as Jeju Dream Tower fueled strong revenue and operating growth.
The operator’s net revenue for the fourth quarter of 2025 equates to 43% growth year-over-year, while net revenue during FY2025 increased 27% for a total of nearly $6.1bn.
The operator managed to increase net revenue for Q4 2025 by 1.5% to $1.9bn, despite net income and adjusted property EBITDAR both witnessing decreases year-over-year.
The operator reported its financial results for Q1 fiscal year 2026 on February 12, witnessing a 0.2% decrease in net revenue to $434.5m, as well as a 3.4% fall in adjusted EBITDA to $86.4m.
Both figures equate to decreases from Super Bowl handles generated during 2025, as New Jersey’s handle decreased by just over 25%, while Pennsylvania witnessed a loss of 41.6%.
The Q4 results of Melco Resorts and Entertainment exhibited a promising return to profitability, though the company is not getting carried away as the City of Dreams brand grows.
Macau-led gains at City of Dreams and Studio City lifted group profitability in the quarter, offset by softer results in Manila and continued losses at Altira and new Sri Lanka operations.