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Most Cotai casino luxury hotels see strong CNY bookings

Jan 17, 2020 Newsdesk Latest News, Macau, Top of the deck

Most of Macau’s luxury hotels in Cotai casino resorts were as of Friday already fully booked for at least four nights of the upcoming, week-long, Chinese New Year (CNY) holiday period. The...

Gaming trade body AGEM newly elects officers

Jan 17, 2020 Newsdesk Industry Talk, Latest News

The Association of Gaming Equipment Manufacturers (AGEM) announced in a Thursday press release that its board had newly-elected a slate of officials serving the body. They will be under the...

Sands China declares US$0.13 interim dividend

Jan 17, 2020 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Sands China Ltd announced on Friday an interim dividend of HKD0.99 (US$0.13) per share. The firm said it expects to pay the dividend on February 21 to shareholders whose names...

U.S. law firm class action on 500.com Japan bribe claims

Jan 17, 2020 Newsdesk Japan, Latest News, Top of the deck

A United States-based law firm says it has filed a class action there on behalf of public investors in New York-listed, China-based gaming operator 500.com Ltd, alleging securities fraud. The...

Genting HK completes sale, leaseback of Genting Dream

Jan 17, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Genting Hong Kong Ltd, an operator of casino cruise ships and an investor in Asian land-based casinos, says one of its units has completed a sale and leaseback exercise for its Genting Dream vessel...

Crown inquiry over licence suitability to start Jan 21

Jan 17, 2020 Newsdesk Latest News, Top of the deck, World

The gaming regulator in New South Wales says the first hearing of an investigation on whether casino firm Crown Resorts Ltd breached its gaming licence for its Barangaroo project in that Australian...

VIP share slips 23pct in 4Q, mass up 8pct: Macau govt

Jan 16, 2020 Newsdesk Latest News, Macau, Top of the deck

VIP baccarat’s share of Macau casino gross gaming revenue (GGR) fell year-on-year in the fourth quarter of 2019, according to data from the city’s casino regulator, the Gaming Inspection and...

Things can only get better in 2020 for Macau: JP Morgan

Jan 16, 2020 Newsdesk Latest News, Macau, Top of the deck

It is unlikely that trading conditions in 2020 for the Macau casino market can get any worse than those of 2019, said a Thursday report from JP Morgan Securities (Asia Pacific Ltd). “We have a...

Brokerage ups VIP revenue forecast for Okada Manila

Jan 16, 2020 Newsdesk Latest News, Philippines, Top of the deck

Brokerage Union Gaming Securities LLC says it is revising upward its estimates for 2020 and 2021 earnings at Japanese gaming conglomerate Universal Entertainment Corp, due to a strong fourth...

Kangwon Land appoints Moon Tae-Gon new chairman

Jan 16, 2020 Newsdesk Latest News, Rest of Asia, Top of the deck

Kangwon Land Inc, the only casino operator in South Korea authorised to let locals gamble, has announced that Moon Tae-Gon has been appointed as interim chairman of the company. Mr Moon is...