Paradise Entertainment warns of H1 loss as Macau business shifts
Company expects to post a first-half loss following the end of its Macau casino management business and weaker gaming equipment sales.
Company expects to post a first-half loss following the end of its Macau casino management business and weaker gaming equipment sales.
BetConstruct AI has launched The Purest Sportsbook, offering discounts and fee waivers for operators.
Melco’s Q2 2026 results showed mixed performance across its portfolio, with the company navigating changing market conditions and varying results across its key properties.
The Macau operator posted lower reported quarterly revenue and EBITDA while continuing to expand its non-gaming business.
After attempting to utilize a Macau casino as an investment bank, an unnamed local could now stand to lose MOP 45.15m.
Tickets go on sale August 12, with the Dallas Mavericks and Houston Rockets set to play two preseason games in Macau in October.
The Macau gaming equipment supplier expects first-half profit of HK$2.2m to HK$2.4m, extending the earnings recovery recorded in 2025.
Macau's casino industry recorded its second consecutive monthly decline in gross gaming revenue.
Authorities say the group extorted at least HK$1.4m from gamblers and suspected offenders.
The operator's current Executive Director will assume responsibility for the company's finance strategy from August 1.