12 March 2014
Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9% drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report.
Total revenue for the three months ending 2013 was $6.1 million, down 32% compared to $9 million in the 4th quarter of 2012, while year on year revenue from 1,756 gaming seats in Cambodia alone saw a 5% drop, from $14.7 million in 2012 to $13.9 million.
The results follow the announcement in January that EGA, a subsidiary of the Macau-based Melco Group, had written off its $2.6-million investment in Dreamworld Casino in Pailin province, citing lower-than-expected gambler numbers crossing the Thai border.
Source:
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/
No comments:
Post a Comment