The Macau government announced that from the stroke of midnight on Saturday (September 25) the region entered “immediate pandemic prevention” mode, due to the risk of a community outbreak of Covid-19 after two people living in Macau tested positive for the illness. The local authorities...
Industry Talk
Casino equipment, lottery services and online games provider Scientific Games Corp announced on Thursday the appointment of company executive Connie James as executive vice president, chief...
Trends & Tech
By the end of 2024, all player screens on Macau casino slot machines must be fitted with an intermittently flashing clock showing the local time, GGRAsia has confirmed with the city’s...
Latest News
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The Macau government announced that from the stroke of midnight on Saturday (September 25) the region entered “immediate pandemic prevention” mode, due to the risk of a community outbreak of Covid-19 after two...
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Recent proposals on the future regulation of the Macau casino industry were “not punitive” but “practical,” said Matt Maddox (pictured in a file photo), chief executive of Wynn Resorts Ltd, the U.S.-based parent...
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Capital Group Companies Inc, a Wynn Macau Ltd shareholder, has reduced its stake in the Macau casino operator, for HKD102.5 million (nearly US$13.2 million) gross, according to information disclosed to the Hong Kong...
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Entrepreneur Alvin Chau Cheok Wa (pictured in a file photo) says publicly-listed Asian casino resort investor Suncity Group Holdings Ltd aims at “prioritising projects with the highest and fastest returns.” The firm...
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Philippine leader President Rodrigo Duterte (pictured in a file photo), has signed into law a measure imposing additional taxes relating to the operation of Philippine Offshore Gaming Operators (POGOs), the presidential...
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Hong Kong-listed Summit Ascent Holdings Ltd is extending the maturity date of a US$120-million loan it provided earlier this year to sister company Philippine-based Suntrust Home Developers Inc. The agreement was...
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The decision by Japanese metropolis Yokohama to drop its effort to host a casino complex or “integrated resort” (IR), will be a negative for one of the city’s casino-partner suitors, Genting Singapore Ltd, but...
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Macau casino operator Sands China Ltd is to issue new unsecured notes in the aggregate principal amount of US$1.95 billion. Sands China said the first tranche of the new notes, amounting to US$700 million, carries a...
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Fitch Ratings Inc says it expects Macau’s gross gaming revenue (GGR) this year to be “nearly 65 percent below 2019 levels”, i.e., those before the onset of the Covid-19 pandemic. Such revenue would recover...
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Nagasaki prefecture expects seven out of every 10 visitors to its hoped-for casino resort will be from within Japan, and that the facility will generate annual gross gaming revenue (GGR) of JPY150 billion (US$1.37...
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The “economic ripple” effect from the Nagasaki gaming resort project proposed by Casinos Austria International Japan Inc is likely to be JPY320 billion (US$2.9 billion). That is the lowest end of the JPY320-billion...
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Casino investor Universal Entertainment Corp said in a Friday filing to Jasdaq that the Supreme Court in Japan had dismissed a final appeal by businessman Kazuo Okada (pictured in a file photo) regarding a case heard...
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Entrepreneur Alvin Chau Cheok Wa (pictured in a file photo) says publicly-listed Asian casino resort investor Suncity Group Holdings Ltd aims at “prioritising projects with the highest and fastest returns.” The firm...
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Brokerage Nomura says the mulled reopening of casino complex Resorts World Genting (RWG) in Malaysia on October 1 is a “positive development” for parent Genting Malaysia Bhd. Malaysian Minister of Tourism, Arts and...
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Asian casino operator and developer NagaCorp Ltd says it aims to start superstructure work on its Naga 3 scheme – an addition to its NagaWorld casino resort venues in the Cambodian capital Phnom Penh – in the...
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Australia-based slot machine maker Ainsworth Game Technology Ltd says that the firm’s chief executive, Lawrence Levy, is to step down from the role effective on Friday, September 10. Mr Levy (pictured in a file...
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Las Vegas Sands Corp (LVS) has agreed with its lenders to extend the suspension of the casino operator’s dividend programme, until the end of 2022, unless it has more than US$1.0 billion in liquidity. In return, a...
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Global casino operator Genting Malaysia Bhd narrowed respectively its second-quarter and first-half loss, judged year-on-year, it said in a Thursday filing to Bursa Malaysia. The second-quarter loss was MYR348.1 million...
From the Press
Man seeks new record for world's
largest casino chip collection
KSNV Sept 23
Crown had approval to operate
casino's VIP room in lockdown
ABC News Sept 23
Analyst says despite Macau
swoon, Sands remains good bet
Las Vegas Review-Journal Sept 22
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