GGRAsia – Macau

Macau

Gaming industrial hub in Hengqin could be ready in two years

May 23, 2014 Newsdesk Latest News, Macau, Top of the deck

A proposed industrial centre for gaming equipment manufacturers in Hengqin Island could be ready in two years, pending government approval, says Jay Chun, chairman of the Macau Gaming Equipment...

Phone betting may account for 10 pct of Macau VIP revenue

May 22, 2014 Newsdesk Latest News, Macau, Top of the deck

It is a rough figure, but so far the only available: phone betting may account for 10 percent of overall Macau VIP casino gross gaming revenue, estimates Tony Tong (pictured), principal investment...

Some Aristocrat EGMs down in Macau

May 22, 2014 Newsdesk Latest News, Macau, Top of the deck, Trends & Tech

Some electronic gaming machines (EGM) from Aristocrat Leisure Ltd are down in Macau casinos following a player dispute, GGRAsia has learned. The shutdown of some of Aristocrat’s EGMs comes after an...

‘Penetration rate’ only 2.8 pct for Macau

May 22, 2014 Newsdesk Latest News, Macau, Top of the deck

It could take “another 30 years” for the Macau gaming market to mature in terms of consumer penetration rates to a level similar that of Las Vegas, suggests a senior industry executive. Kelvin...

Chinese ‘hard-landing’ risk weighs on Macau: Fitch

May 22, 2014 Newsdesk Latest News, Macau, Top of the deck

Fitch Ratings Inc says a hard landing for China’s economy is a “high-impact downside risk” for Macau’s gaming industry. Macau’s “gaming-dominated economy is vulnerable to economic...

Macau ferry services hit by crash

May 22, 2014 Newsdesk Latest News, Macau, Top of the deck

Ferry services between Macau and Hong Kong were disrupted late on Wednesday after a high speed Pearl River Delta shuttle operated by TurboJET collided with a mainland-registered vessel near the...

Macau concessionaire numbers tbc: Green

May 22, 2014 Newsdesk Latest News, Macau, Top of the deck

An advisor to the Macau government says the question of how many gaming concessions there might be in the territory after the expiry of the current six in stages from 2020 to 2022 “might still be...

Macau operators, junkets compete for savvy customer

May 21, 2014 Newsdesk Latest News, Macau, Top of the deck

Casino operators in Macau are improving their marketing strategies as customers from mainland China become more sophisticated, says chief marketing officer of Galaxy Entertainment Group Ltd Kevin...

Galaxy Macau adds two VIP rooms

May 21, 2014 Newsdesk Latest News, Macau, Top of the deck

Galaxy Entertainment Group Ltd’s addition of two new VIP rooms at its Galaxy Macau property on Cotai is likely to help the casino operator “outpace” the rest of the market on VIP baccarat...

Full smoking ban may also have impact on Macau private rooms

May 21, 2014 Newsdesk Latest News, Macau, Top of the deck

Macau casino operators are ready to adapt gaming floors to a full smoking ban but regulatory changes could even impact private rooms, says MGM China Holdings Ltd’s chief executive Grant Bowie...

PREV 353 354355356 357 NEXT LAST

Asia Pioneer bullish on its long-term growth

Nov 14, 2019

Sponsored feature | Management at Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd expects its business to continue to expand, with the firm looking to build its presence in Macau and tap into new markets in Southeast Asia. So says Herman Ng Man Ho, company managing director and chief...