Daiwa Capital Markets

    As one of the leading, comprehensive financial service firms in Asia, Daiwa Securities Group operates core businesses such as Retail, Global Markets, Global Investment Banking, Asset Management, and Investment.

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    GKL posts 22.9 percent rise in net income in 16Q3

    South Korean casino operator Grand Korea Leisure posted strong results for the third quarter of 2016, according to a filing to the Korea Exchange. The foreigner-only casino, which owns Seven Luck Casino, posted a 22.9 percent rise in net income in the third quarter of 2016, at KRW 27.8 billion ($24.3 million). Revenue for the […]

    Kangwon Land posts 4.5 percent net income increase in 16Q3

    South Korean casino operator Kangwon Land posted a 4.5 percent year-on-year increase in net income for the third quarter of 2016, totalling KRW 124.3 billion ($108.4 million). Revenue from sales increased 6 percent year-on-year to KRW 438.1 billion in the quarter, according to the company’s filing to the Korea Stock Exchange. Last quarter, the operator’s […]

    Macau casino stocks dip following Crown staff arrests

    Macau’s casino shares saw a dip in price after it was announced that Chinese authorities detained 18 employees of Crown Resorts for suspected “gambling crimes.” According to a report from Bloomberg, Sands China Ltd. dropped 3.3 percent, while Galaxy Entertainment Group Ltd. shares fell 4.3 percent. The Bloomberg Intelligence index of Asia Pacific casino stocks […]
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