ComeOn! integration issues lead to profit warning from Cherry 3rd November 2017 8:06 am GMT. Shares in gaming operator Cherry closed almost 10 per cent lower in Stockholm Thursday after the company warned that it would not meet its full-year forecast for 2017. The company attributed the weaker than expected performance to delays in integrating the acquired ComeOn! business, which it said was.
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Shares in Casino group The Star have plunged after the company delivered a profit warning that revealed a sharp drop in revenue from both domestic punter and Asian whales.This is the second time Playtech has given a profit warning due to woes in Asia. In February this year, Playtech stocks fell more than 12 percent after it issued a profit warning as a result of an ongoing crackdown on illegal gaming Malaysia.The profit warning comes as CNMI Commonwealth Casino Commission Commissioner Alvaro Santos complained about the opaque financial reporting of IPI altogether. “IPI CNMI is at the mercy of Hong Kong IPI for information, and the Casino Commission is in the dark all the time,” he said.
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Macau casino operator Kingston Financial Group issue profit warning on expected 50% profit decline Applications for Macau-Zhuhai quarantine exemption resume but supply running short Macau visitor numbers down 99.5% year-to-year for May but 46% improvement month-to-month since April.Read More
Crown issues profit warning despite lucky streak. By Colin Kruger. August 11, 2012 — 3.00am. Normal text size Larger text size Very large text size. JAMES Packer's casino operation, Crown Ltd.Read More
Rank Group has pledged to charge ahead with a turnaround plan after profits fell 41%, having suffered from stricter checks on punters and a drop in bingo and casino customers.Read More
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Online iGaming developer and B2B supplier Nektan has issued a profit warning to its investors as its decline in player deposits continues to be a problem approaching the final quarter of the financial year. Nektan, whose clients include News International and BetVictor, have published a trading update in relation to its financial year that comes to a close at the end of Kine, and have noted.Read More
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Madrid gambling group Codere SA has issued a profit warning after admitting that a further Argentine Peso devaluation has impacted the firm’s 2019 expectations. Argentina, one of the operator’s key markets, has once again suffered economic volatility, with local currency Peso dropping 18 per cent against the US dollar in the two weeks.Read More
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