Macau’s August gaming revenues tumble 94.5% no topic looser virus curbs Leave a Comment on Macau’s August gaming revenues tumble 94.5% no topic looser virus curbs
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Macau’s August gaming revenues tumble 94.5% no topic looser virus curbs

HONG KONG, Sept 1 (Reuters) – Gambling revenue in Macau plunged 94.5% in August year-on-year with casinos reeling from a lack of visitors to the world’s biggest casino hub, despite a loosening of quarantine restrictions which have only seen a modest rise in gamblers. August’s revenue figure of 1.3 billion patacas ($163.01 million) was in-line…

Miami Marlins Sport Postponed After Several Certain Virus Assessments Leave a Comment on Miami Marlins Sport Postponed After Several Certain Virus Assessments
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Miami Marlins Sport Postponed After Several Certain Virus Assessments

Four days after baseball restarted its long-delayed season, a wave of positive coronavirus tests cast the league’s plans into serious doubt.Miami Marlins players after their first game of the season on Friday. Credit…Mitchell Leff/Getty ImagesPublished July 27, 2020Updated July 28, 2020The return of Major League Baseball took a troubling turn on Monday when a looming threat…

Australia’s Crown Hotels posts 80% drop in annual profit on virus hit Leave a Comment on Australia’s Crown Hotels posts 80% drop in annual profit on virus hit
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Australia’s Crown Hotels posts 80% drop in annual profit on virus hit

Aug 19 (Reuters) – Australia’s biggest casino operator Crown Resorts Ltd posted on Wednesday an 80% plunge in annual profit, as extended curbs within the country and restrictions in international travel due to the COVID-19 pandemic kept key patrons away. Net profit attributable fell to A$79.5 million ($57.61 million) for the year ended June 30,…

Australia’s Tabcorp annual earnings sinks 39% on virus hit Leave a Comment on Australia’s Tabcorp annual earnings sinks 39% on virus hit
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Australia’s Tabcorp annual earnings sinks 39% on virus hit

Aug 19 (Reuters) – Tabcorp Holdings Ltd on Wednesday reported a 39% slump in full-year underlying profit, as the gambling firm was dealt a heavy blow from coronavirus-led closures of betting shops and cancellation of sports events. Underlying profit after tax fell to A$220 million ($159.4 million) for the year ended June 30, lower than…

Australia’s Crown Resorts posts 80% fall in annual profit on virus hit Leave a Comment on Australia’s Crown Resorts posts 80% fall in annual profit on virus hit
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Australia’s Crown Resorts posts 80% fall in annual profit on virus hit

Aug 19 (Reuters) – Australia’s biggest casino operator Crown Resorts Ltd posted on Wednesday an 80% plunge in annual profit, as extended curbs within the country and restrictions in international travel due to the COVID-19 pandemic kept key patrons away. Net profit attributable fell to A$79.5 million ($57.61 million) for the year ended June 30,…

UPDATE 1-Tabcorp expects decrease annual profit, up to $786 mln impairment from virus Leave a Comment on UPDATE 1-Tabcorp expects decrease annual profit, up to $786 mln impairment from virus
Continue Reading... UPDATE 1-Tabcorp expects decrease annual profit, up to $786 mln impairment from virus
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UPDATE 1-Tabcorp expects decrease annual profit, up to $786 mln impairment from virus

(Adds details on impairment, company comment) Aug 3 (Reuters) – Australia’s Tabcorp Holdings on Monday forecast a one-third drop in annual profit and said it will book a A$1 billion to A$1.10 billion ($714 million to $786 million) impairment charge as the coronavirus crisis batters demand. Measures to contain the spread of the coronavirus have…