Nov 08, 2016 Newsdesk Latest News, Macau, Top of the deck
The Macau VIP gambling market remains relatively weak and opening new VIP rooms under such trading conditions was likely “to dilute the market further,” said the chief executive of Macau casino...Nov 08, 2016 Newsdesk Latest News, Rest of Asia, Top of the deck
South Korean casino operator Paradise Co Ltd reported higher labour costs for the third quarter this year because of early retirements but also due to the hiring of employees for its under...Nov 08, 2016 Newsdesk Latest News, Top of the deck, World
Asian casino investor and developer Melco International Development Ltd says it is committed to establishing a “world class integrated casino resort” in the Republic of Cyprus. The company...Nov 08, 2016 Newsdesk Latest News, Macau, Top of the deck
Macau casino operator MGM China Holdings Ltd saw its third-quarter net revenue decrease 6 percent year-on-year to US$499.8 million, compared to US$529.0 million in the prior-year period, when judged...Nov 07, 2016 Newsdesk Latest News, Macau, Top of the deck
Macau’s Court of First Instance has ordered an ex-cage manager of junket operator Dore Entertainment Co Ltd to repay MOP103 million (US$12.9 million) of funds with which she allegedly absconded,...Nov 07, 2016 Newsdesk Japan, Latest News, Top of the deck
The Hard Rock group’s chief executive says it is willing to make a “major investment” in Japan if casino gaming is legalised there. Hamish Dodds told Bloomberg News in an interview: “We can...Nov 07, 2016 Newsdesk Latest News, Philippines, Top of the deck
Belle Corp, an investor at the City of Dreams Manila casino resort in the Philippines, said it would terminate a revenue-sharing agreement with gaming investor Leisure Resorts World Corp (LRWC). LRWC...Nov 07, 2016 Newsdesk Industry Talk, Latest News, Top of the deck, World
A total of 80 percent of the exhibition space available for the 2017 edition of the Australasian Gaming Expo (AGE) has already been sold – nine months before the event takes place – says Ross...Nov 07, 2016 Newsdesk Latest News, Top of the deck, World
The only surviving bidder for a single casino licence in the Republic of Cyprus has been granted the rights, says the Cyprus Mail newspaper, quoting the country’s Ministry of Energy, Commerce,...Nov 07, 2016 Newsdesk Latest News, Rest of Asia, Top of the deck
Grand Korea Leisure Co Ltd (GKL) saw its net income rise 22.9 percent year-on-year to KRW27.75 billion (US$24.3 million) in the third quarter of 2016. Revenue for the period was up 20.5 percent from...(Click here for more)
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US$867.8 million
First-quarter gross gaming revenue produced by the Philippines’ licensed commercial-sector casinos