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Paradise Co January casino revenue jumps  y-o-y

Paradise Co January casino revenue jumps y-o-y

Feb 02, 2023  

Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, reported casino revenue of nearly KRW48.65 billion (US$39.8 million) for January 2023, according to a Thursday filing to the Korea Exchange. The January casino revenue figure represented a sequential increase of 3.9 percent, and...
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Jaw-dropping wagers in Macau CNY survey: Citigroup

Jaw-dropping wagers in Macau CNY survey: Citigroup

Feb 02, 2023  

Konami gaming segment rev up 49pct in 9 months to Dec

Konami gaming segment rev up 49pct in 9 months to Dec

Feb 02, 2023  

Aruze Gaming America opts financial rejig after legal matter

Aruze Gaming America opts financial rejig after legal

Feb 02, 2023  

Singapore 2023 GGR might grow to US$4.4bln: MS

Singapore 2023 GGR might grow to US$4.4bln: MS

Feb 02, 2023  

Industry Talk

Aruze Gaming America opts financial rejig after legal matter

Aruze Gaming America opts financial rejig after legal matter

Feb 02, 2023  

Casino slot machine and electronic table game supplier Aruze Gaming America Inc on Wednesday said it was opting for voluntary financial restructuring under Chapter 11 of the United...

Trends & Tech

Cashless, process automation 2023 casino trend: JCM

Cashless, process automation 2023 casino trend: JCM

Jan 26, 2023  

Japan-listed casino equipment supplier JCM Global said in a market-outlook posting on 2023 trends, that it expected to see “more casinos adopt cashless payment technology”, and “more...

Latest News

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  • Jaw-dropping wagers in Macau CNY survey: Citigroup
    Jaw-dropping wagers in Macau CNY survey: Citigroup

    Feb 02, 2023  

    The tally of Macau gamblers was “down” in a casino floor-based January survey of the city’s premium mass and mass table games segments, but “average bet size was much higher” than in a February 2019 survey,...
    Read More
  • Macau ops track early recovery after Jan GGR: analysts
    Macau ops track early recovery after Jan GGR: analysts

    Feb 01, 2023  

    Most of Macau’s casino operators are likely to generate positive free cash flow in the first quarter, given the robust recovery level of mass-market gross gaming revenue (GGR) in January, relative to pre-pandemic...
    Read More
  • Prominent locals speak in court for Tak Chun boss Levo Chan
    Prominent locals speak in court for Tak Chun boss Levo Chan

    Feb 01, 2023  

    A number of prominent Macau locals spoke in court on Wednesday as character witnesses for Levo Chan Weng Lin, once boss of former Macau junket business Tak Chun Group. Mr Chan and eight other defendants are on trial at...
    Read More
  • Pagcor says inter-agency work has quelled POGO-tied crime
    Pagcor says inter-agency work has quelled POGO-tied crime

    Feb 02, 2023  

    The Philippine gaming regulator says it “denounces” criminality linked by that country’s police to the existence of the Philippine Offshore Gaming Operator (POGO) segment. “Pagcor denounces these criminal acts...
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  • Tak Chun execs knew illicit to settle proxy in Macau: trial
    Tak Chun execs knew illicit to settle proxy in Macau: trial

    Jan 31, 2023  

    A Tuesday Macau court session heard allegations of ‘proxy bets’ being facilitated overseas on behalf of customers of former casino junket brand Tak Chun Group, with bet settlement done via Macau, the latter an...
    Read More
  • Pagcor 2022 income up 66pct y-o-y, tops US$1bln
    Pagcor 2022 income up 66pct y-o-y, tops US$1bln

    Jan 31, 2023  

    The Philippine casino regulator, the Philippine Amusement and Gaming Corp (Pagcor), reported total income of PHP58.96 billion (US$1.08 billion) for full-year 2022. That was up 66.2 percent from the previous...
    Read More
  • Singapore 2023 GGR might grow to US$4.4bln: MS
    Singapore 2023 GGR might grow to US$4.4bln: MS

    Feb 02, 2023  

    Brokerage Morgan Stanley Asia Ltd says that Singapore “might see a structurally higher market size” in terms of gross gaming revenue (GGR) post-Covid-19, compared to pre-pandemic times, “because of excess...
    Read More
  • Chinese comeback limited impact on Singapore IRs: bank
    Chinese comeback limited impact on Singapore IRs: bank

    Jan 31, 2023  

    Mainland Chinese visitors to Singapore will in likelihood have a “positive” impact this year on the operations and earnings of Singapore’s two integrated resorts (IRs), suggests a Monday report from...
    Read More
  • G2E Asia in-person for Macau in 2023, first time since 2019
    G2E Asia in-person for Macau in 2023, first time since 2019

    Jan 27, 2023  

    A Global Gaming Expo (G2E) Asia casino trade event is to be held in-person in Macau this year; the first one since the 2019 edition (pictured in a file photo), that was staged prior to the Covid-19 pandemic. Little more...
    Read More
  • Konami gaming segment rev up 49pct in 9 months to Dec
    Konami gaming segment rev up 49pct in 9 months to Dec

    Feb 02, 2023  

    Konami Holdings Corp said on Thursday that revenue in its gaming and systems division – including casino equipment – rose by 49.2 percent year-on-year in the nine months to December 31. Such revenue was just...
    Read More
  • MGM equity input for Japan IR may reach US$2.5bln: S&P
    MGM equity input for Japan IR may reach US$2.5bln: S&P

    Jan 17, 2023  

    Casino operator MGM Resorts International’s equity contribution to a prospective integrated resort (IR) in Osaka, in Japan, could be between US$2 billion and US$2.5 billion, suggests S&P Global Ratings Inc. Osaka...
    Read More
  • 2023: maybe a reboot in Asia casino client profile
    2023: maybe a reboot in Asia casino client profile

    Dec 31, 2022  

    The ‘reopening’ of China in terms of outbound travel for its citizens, after three years of stringent controls due to Covid-19 containment, will be a key factor in 2023 for the Asia Pacific casino sector, says a...
    Read More
  • Paradise Co January casino revenue jumps  y-o-y
    Paradise Co January casino revenue jumps y-o-y

    Feb 02, 2023  

    Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, reported casino revenue of nearly KRW48.65 billion (US$39.8 million) for January 2023, according to a Thursday filing to the Korea Exchange. The...
    Read More
  • RFKR submits year extension bid on S.Korea casino build plan
    RFKR submits year extension bid on S.Korea casino build plan

    Feb 01, 2023  

    R&F Korea (RFKR), promoter of an under-construction leisure complex in South Korea due to have a foreigner-only casino, has asked the national authorities there for a fresh postponement of its launch date. The...
    Read More
  • Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook
    Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook

    Jan 31, 2023  

    Border-casino operator Donaco International Ltd reported quarterly earnings before interest, taxation, depreciation and amortisation (EBITDA) of AUD1.78 million (US$1.25 million) for the fourth quarter of 2022. That was...
    Read More
  • Aruze Gaming America opts financial rejig after legal matter
    Aruze Gaming America opts financial rejig after legal matter

    Feb 02, 2023  

    Casino slot machine and electronic table game supplier Aruze Gaming America Inc on Wednesday said it was opting for voluntary financial restructuring under Chapter 11 of the United States’ Bankruptcy Code, in...
    Read More
  • LVS amends US$1.5bln loan facility, dividends restricted
    LVS amends US$1.5bln loan facility, dividends restricted

    Feb 01, 2023  

    International casino operator Las Vegas Sands Corp says it has amended with banking partners certain term loans regarding a US$1.50-billion revolving credit agreement. As part of the amendment, the casino group...
    Read More
  • Aruze Gaming opens first European office, eyes expansion
    Aruze Gaming opens first European office, eyes expansion

    Jan 19, 2023  

    Casino slot machine and electronic table game supplier Aruze Gaming Europe says it has opened its first office there, based in the Netherlands, to provide a “dedicated sales and service support” to the...
    Read More

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From the Press

Senator wants blue ribbon panel
to probe Pagcor's POGO auditor
Rappler Feb 1

Police arrest 904 people for
illegal gambling over CNY

Malay Mail Jan 31

Former Las Vegas judge appointed
to Gaming Control Board
Las Vegas Review-Journal Jan 30

Pick of the Day


US$1.43 billion

Macau’s January casino gross gaming revenue



Most Popular

  • January travel lift, CNY sees Macau GGR up 233pct m-o-mJanuary travel lift, CNY sees Macau GGR up 233pct m-o-m February 1, 2023
  • Macau ops track early recovery after Jan GGR: analystsMacau ops track early recovery after Jan GGR: analysts February 1, 2023
  • Jaw-dropping wagers in Macau CNY survey: CitigroupJaw-dropping wagers in Macau CNY survey: Citigroup February 2, 2023
  • Aruze Gaming America opts financial rejig after legal matterAruze Gaming America opts financial rejig after legal matter February 2, 2023
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