Summary by Futu AI
GOLD DOMAIN HOLDINGS LIMITED (“NAGACORP”) ISSUED A VOLUNTARY ANNOUNCEMENT ON APRIL 3, 2024 ANNOUNCING AN UNAUDITED SUMMARY OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2024. The report showed that the company's gaming division in the first quarter of 2024 grew 23.7% year-on-year to $145,405 thousand. Among them, the total revenue from mid-range gaming grew by 19.9%, the total revenue from high-end gaming grew by 24.3%, and the total revenue from referral gambling grew by 47.5%. The Company's EBITDA grew 32.6% year-over-year to $80,347 thousand. Gold Frontier Holdings noted that mid-market average daily turnover has returned to pre-pandemic levels of 86.6%, while daily turnover in high-end VIP markets is well above pre-pandemic levels. In addition, the total cash and bank balances of the company has increased, and it is planned to withdraw shareholder loans to pay the upcoming maturity of the senior notes. The Company reminds shareholders and potential investors that the above unaudited financial information is for reference only and should not be over-relied upon.