The total spending – excluding gaming expenses – of visitors to Macau reached MOP13.75 billion (US$1.71 billion) in the second quarter of 2017, up by 17.5 percent compared to the prior-year period, according to data released on Friday by the city’s Statistics and Census Service. The total...
Industry Talk
The conference portion of this year’s MGS Entertainment Show – known as the MGS Summit – will look at what role the casino industry might be able to play in China’s “Belt and...
Trends & Tech
Casino equipment manufacturer Konami Gaming Inc is joining gaming suppliers Interblock DD and GameCo Inc as a lead sponsor of a new casino industry advisory panel. It will recommend...
Latest News
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The total spending – excluding gaming expenses – of visitors to Macau reached MOP13.75 billion (US$1.71 billion) in the second quarter of 2017, up by 17.5 percent compared to the prior-year period, according to data...
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The conference portion of this year’s MGS Entertainment Show – known as the MGS Summit – will look at what role the casino industry might be able to play in China’s “Belt and Road” initiative. The latter is...
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Macau casino operator Wynn Macau Ltd announced on Thursday an interim dividend of HKD0.21 (US$0.0268) per share. The firm said it expects to pay the dividend on September 15 to shareholders whose names appear on the...
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It is “very unlikely” that Macau casino operator SJM Holdings Ltd will be able to stick to its plan to open its new Cotai casino resort in the second half of 2018 – as pledged recently by its chief executive –...
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Casino and casino cruise ship investor Genting Hong Kong Ltd said on Thursday that the Westside City Resorts World casino project in Manila is on track to open in 2020. The property will be the second casino resort in...
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Potential cannibalisation of the Philippines casino market due to new supply of venue space is “not a concern” as of now, says a Thursday note from banking group Morgan Stanley. The institution states that this is...
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Philippines-based Leisure and Resorts World Corp – which has several interests in the land-based and online gambling sectors – reported group-wide revenue of PHP2.53 billion (US$49.4 million) for the second quarter,...
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Travellers International Hotel Group Inc, operator of the Resorts World Manila (RWM) casino resort (pictured) in the Philippines capital, on Monday reported a net loss of PHP311.2 million (US$6.1 million) for the three...
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Singapore saw tourism receipts increase in the first three months of 2017. The growth was due to higher visitor arrivals and spending in all major tourism components, “except sightseeing, entertainment and gaming,...
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Genting Singapore Plc reported net profit of SGD143.3 million (US$105.4 million) for the second quarter of 2017, compared to a net loss SGD10.5 million in the prior-year period. Adjusted earnings before interest,...
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Global casino operator Las Vegas Sands Corp reported a year-on-year increase of 61.9 percent in net income in the second quarter of 2017 to US$638 million. The quarterly results were driven by strong performance at its...
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The Singapore government is to introduce stricter rules about the availability and use of slot machines in the city-state’s social clubs. Any clubs that do not meet a new test regarding the scope of their non-gaming...
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The Japanese government on Thursday held the first public hearing to discuss the framework for the country’s nascent casino industry. The session, held in Tokyo (pictured), attracted about 100 people, nearly 20 of...
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Some members of the Buddhist-influenced Komeito – a junior partner in Japan’s ruling coalition – are showing wariness over an essential piece of legislation for de facto casino legalisation in the country. After...
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U.S.-based casino operator MGM Resorts International has appointed Jason Hyland as representative officer and president of MGM Resorts Japan LLC. Mr Hyland (pictured in a file photo) is a former charge d’affaires...
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A special investigation committee set up by Japanese gaming conglomerate Universal Entertainment Corp to probe several dealings involving company founder Kazuo Okada (pictured) has yet to complete its investigations....
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Hong Kong-listed real estate and casino investor Landing International Development Ltd says it expects a lower net loss for the six months to June 30 than it recorded in the prior-year period. Landing International...
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Casino and casino cruise ship investor Genting Hong Kong Ltd said on Thursday that the Westside City Resorts World casino project in Manila is on track to open in 2020. The property will be the second casino resort in...
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Hong Kong-listed investment firm Landing International Development Ltd said on Wednesday that it has an agreement with Lions Gate Entertainment Inc – a unit of a major Hollywood media group that trades as...
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The Poker King Club brand is again linking in Asia with the World Poker Tour (WPT), this time to hold a WPT Korea event on Jeju Island in South Korea. The tournament will offer a KRW200-million (US$175,300) main-event...
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The stock of U.S.-based casino operator Wynn Resorts Ltd has been upgraded to ‘buy’ from ‘hold’ by brokerage Deutsche Bank Securities Inc in a Tuesday note. Its analysts said factors affecting the recommendation...
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The management of sales for Australia-based slot maker Ainsworth Game Technology Ltd in Europe will now be taken over by Austria-based gaming equipment maker Novomatic AG, the latter company said in a press release on...
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Chinese authorities have released from detention the remaining employees of Australian casino operator Crown Resorts Ltd that were still in prison, the company said in a Monday filing. The document stated that “the...
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Imperial Pacific International Holdings Ltd, developer of a casino project on the Pacific island of Saipan, is seeking to raise an aggregate of HKD400 million (US$51.2 million) from two bond placements. The company will...
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Interviews
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Crunch time for Tokyo casino option: Caesars exec The Tokyo local election setback for Japan’s governing... -
Suncity bets on Vietnam, resurgent Macau VIP: Andrew Lo A multibillion U.S. dollar casino project on Vietnam’s... -
iGaming growing part of GLI testing in Asia: Ian Hughes Online gaming compliance testing services have become an... -
Japan number one priority for Galaxy Entertainment: Mecca Macau-based casino operator Galaxy Entertainment Group Ltd... -
Data analytics future of casino surveillance: Synectics VP A huge quantity of cameras alone does not ensure...
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