The latest news on the gaming industry in Asia

Author Archive: Newsdesk

Macau 3Q VIP baccarat down 23pct y-o-y: govt

Macau 3Q VIP baccarat down 23pct y-o-y: govt

Oct 17, 2019 Latest News, Macau, Top of the deck  

Macau VIP baccarat gross gaming revenue (GGR) fell by 22.5 percent year-on-year in the third quarter, according to government data released on Wednesday. The rate of VIP annual decline was offset...
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Bellagio, Circus Circus deals for MGM balance sheet: CEO

Bellagio, Circus Circus deals for MGM balance sheet: CEO

Oct 16, 2019 Japan, Latest News, Top of the deck, World  

United States-based casino firm MGM Resorts International’s planned sale for US$825 million of its Circus Circus Las Vegas venue and its decision to “monetise” for US$4.2 billion in cash its...
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Hong Kong-listed CST Group to buy 10pct in The 13 Hotel

Hong Kong-listed CST Group to buy 10pct in The 13 Hotel

Oct 16, 2019 Latest News, Macau, Top of the deck  

A Hong Kong-listed “e-logistics” and mining company called CST Group Ltd said on Tuesday it had an agreement to acquire a 10-percent equity interest in – and a shareholder’s loan...
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Casino business parent Genting Bhd to pay interim dividend

Casino business parent Genting Bhd to pay interim dividend

Oct 16, 2019 Latest News, Rest of Asia, Top of the deck  

Genting Bhd, a Malaysia-listed conglomerate that is parent to a number of casino companies with operations in Asia and worldwide, has declared an interim dividend of MYR0.065 (US$0.0155) per share...
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Shares of Travellers Int delisted in Manila from Oct 21

Shares of Travellers Int delisted in Manila from Oct 21

Oct 16, 2019 Latest News, Philippines, Top of the deck  

The shares of Philippine casino operator Travellers International Hotel Group Inc will stop being traded on the Philippine Stock Exchange with effect from October 21. The news was confirmed in a...
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Nevada seeks end to S. Wynn gaming permit over sex claims

Nevada seeks end to S. Wynn gaming permit over sex claims

Oct 16, 2019 Latest News, Macau, Top of the deck  

The Nevada Gaming Control Board in the United States is seeking to revoke the “suitability” status and gaming licence of former Wynn Resorts Ltd chairman Steve Wynn (pictured in a file photo). Mr...
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Macau Oct GGR to decline by as much as 6pct: Bernstein

Macau Oct GGR to decline by as much as 6pct: Bernstein

Oct 15, 2019 Latest News, Macau, Top of the deck  

Casino gross gaming revenue (GGR) in Macau for October is likely to be down between 3 and 6 percent judged year-on-year. That is according to Sanford C. Bernstein Ltd. A Tuesday note published by the...
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South Shore eyes sale of 40pct in Macau’s The 13

South Shore eyes sale of 40pct in Macau’s The 13

Oct 15, 2019 Latest News, Macau, Top of the deck  

Hong Kong-listed South Shore Holdings Ltd, the developer and promoter of The 13 Hotel (pictured) in Macau, said on Tuesday that the company has an agreement that could lead to the disposal of a...
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Spectrum flags 2020 ‘Year of the Prefecture’ for Japan

Spectrum flags 2020 ‘Year of the Prefecture’ for Japan

Oct 15, 2019 Japan, Latest News, Rest of Asia, Top of the deck  

Gaming industry consultancy Spectrum Gaming Group LLC, a specialist in topics linked to legal compliance of the regulated casino sector, has issued its “Top Ten Trends for 2020” list previewing...
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Veteran Nieman gets AGEM 2019 Jens Halle Memorial Award

Veteran Nieman gets AGEM 2019 Jens Halle Memorial Award

Oct 15, 2019 Industry Talk, Latest News  

Tom Nieman (pictured), a former global vice president for marketing at casino industry equipment supplier JCM Global, a firm otherwise known as Japan Cash Machine Co Ltd, has been honoured by the...
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”Although we have decided not to pursue an integrated city resort in Osaka at this time, we wish the city the very best and look forward to following its continued success. Wynn Resorts is currently focused on the Kanto area”

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