08400 ASIA PIONEER
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ASIA PIONEER News
Macao's June Gross Gaming Revenue Lower Than Expected, Macquarie Says
Macao's gross gaming revenue hit 17.7 billion Macanese pataca in June, down 12% sequentially and 26% lower from the comparable 2019 period, Macquarie said in a note published on Tuesday.
Macau's Gross Gaming Revenue Surges 16% in June
Macau's gross gaming revenue surged 16% to 17.7 billion Macanese patacas in June from 15.2 billion patacas in the year-ago period, according to data from the city's Gaming Inspection and Coordination Bureau released recently.
Macau Gaming Industry Association: Raising the threshold for free snacks will help control costs and have little impact on the revenue of gaming companies.
According to Song Weijie, the chairman of the Macau Gaming Association, raising the threshold for free snacks at casinos may have an impact on the revenue of the casino companies, but it is not expected to be significant.
China's Lottery Sales Jump Over 20% in April
China's April lottery tickets spiked 10.2% over the year to 55.46 billion yuan, according to a report from the General Affairs Department on Tuesday.
Asia Pioneer Entertainment (08400) subsidiary renews Macau property
Asia Pioneer Entertainment (08400) issued an announcement. On November 27, 2023, tenants (the company indirectly wholly owned...
The number of inbound visitors to Macau increased 79% year-on-year in the first quarter to 8.875,800
On April 22, the Macao Statistics and Census Service announced that the total number of inbound visitors in the first quarter of this year was 8.875,800, up 79.4% year on year, and recovered to 85.7% in the same period in 2019.
Macau Casino Operators Set to Deliver Positive Earnings Growth in 2024 -- Market Talk
Macau casino operators are poised to deliver positive growth in revenue and profitability this year as Macau's fundamentals continue to ramp up strongly following three years of pandemic-related shutdowns, says Vitaly Umansky, senior analyst at Seaport Research Partners, in a note.
Macau Gaming Sector's Growth Pace Remains Unclear -- Market Talk
The trajectory of growth for Macau's gaming industry remains unclear, with the sector only experiencing modest growth in recent months, Jefferies analysts write in a research note.
ASIA PIONEER: Annual Report 2023
Macau's Gaming Industry Makes Further Gains Post-Pandemic -- Market Talk
Macau's gaming industry seems to making further improvements from a downturn sparked by the pandemic, Citi analysts George Choi and Ryan Cheung say in a research note. Gross gaming revenue in March rose to the highest monthly level since Macau's post-Covid reopening, sitting at around 75% of the March 2019 figure, the analysts note.
Asia Pioneer Entertainment (08400) announced annual results. Loss attributable to shareholders of HK$1,933,300 narrowed by 86.89% year on year
Asia Pioneer Entertainment (08400) announced its annual results for the year ended December 31, 2023. The group...
ASIA PIONEER: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Hong Kong Casino Stocks Rise as Macau Gaming Revenue Notches Best January Since 2020
Hong Kong-listed casino stocks rose after Macau's gaming revenue posted its second-best monthly performance since the pandemic, helped by increasing numbers of visitors to the Asian gambling hub.
East Asia Securities: Giving the Macau Gaming Industry an “Increased Wealth” Rating Expected to Increase Macau's Gaming Revenue to $234 billion this year
According to a report published by the East Asia Securities Research Department, as the mainland economy gradually stabilizes, mainland travel demand is steady, and traffic gradually returns to normal, it is expected that Macau's gaming revenue may increase to MOP 234 billion this year, an increase of nearly 28% over last year, returning to about 80% in 2019.
Asia Pioneer Entertainment (08400.HK) has appointed Baodelong to provide the company with a number of corporate secretarial services
Gelonghui, January 10 | Asia Pioneer Entertainment (08400.HK) announced that the Company has appointed Baudelong Enterprise Services (Hong Kong) Co., Ltd. (“Boldron”) to provide the Company with a number of corporate secretarial services. Baldwin nominated Yu Xiulan, senior manager of its corporate secretarial department, as the company's company secretary and an authorized representative of the company under section 5.24 of the GEM Securities Listing Rules of the Stock Exchange (“GEM”, “GEM Listing Rules” and “Authorized Representative”, respectively) and under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) to serve as the authorized representative of the company in receiving legal process documents and notices in Hong Kong.
Macau Lucky Gaming's gross revenue of MOP 18.567 billion in December increased 433.3% year-on-year
For the full year of 2023, Macau's gross gaming revenue was MOP 183,059 billion, an increase of 333.8% over the previous year.
Macau Tourism Office: Over 456,000 visitors visited Macao in 4 days from December 23 to 26
On December 27, the Macao Government Tourism Office said that according to provisional data, more than 456,000 visitors visited Macao during the four-day period from December 23 to 26, with an average of about 114,000 visitors per day, up 1.3% from the same period in 2019.
ASIA PIONEER: Third Quarterly Report 2023
Asia Pioneer Entertainment (08400.HK)'s revenue for the first three quarters was about HK$14.6 million, up about 263.6% year on year
Gelonghui November 8 | Asia Pioneer Entertainment (08400.HK) announced that for the nine months ended September 30, 2023, the Group's revenue was approximately HK$14.6 million, an increase of about 263.6% over the previous year. The increase in revenue over the same period was mainly due to an increase of about 590%, 147.5%, 214% and 150% in revenue from electronic gaming equipment technology sales and distribution, consulting and technical services, maintenance services, and smart vending machine businesses, respectively. A total overall loss of approximately HK$7.1 million was recorded during the period, a decrease of about 46.6% from approximately HK$13.3 million during the same period, mainly due to increased revenue and related increases
ASIA PIONEER: 2023 THIRD QUARTERLY RESULTS ANNOUNCEMENT
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