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MGM Resorts share sale a rejig of stock portfolio: Pansy Ho

Nov 22, 2019 Newsdesk Latest News, Macau, Top of the deck

Pansy Ho Chiu King, co-chairperson and executive director of Hong Kong-listed MGM China Holdings Ltd, says her recent sale of a total of 4.5 million shares in the firm’s U.S.-based parent MGM...

Brokerages revise downward 4Q Macau GGR estimates

Nov 22, 2019 Newsdesk Latest News, Macau, Top of the deck

Nomura Instinet said in a memo it was revising downward its forecast for fourth-quarter casino gross gaming revenue (GGR) in the Macau market against a business climate for the sector that was...

Fresh Russia project delays for NagaCorp: chairman

Nov 22, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck

The much-anticipated Russian Far East project from Asian casino developer NagaCorp Ltd has faced some further delays due to a change of construction contractor, said the group’s chairman Tim...

Macau overnight visitor segment decline continues in Oct

Nov 22, 2019 Newsdesk Latest News, Macau, Top of the deck

Just over 3.2 million visitor arrivals were recorded in Macau during October, up by 1.8 percent year-on-year, according to the latest data released by the city’s Statistics and Census Service....

US$4.3bln tag, summer 2021 launch aim for RW Las Vegas

Nov 22, 2019 Newsdesk Latest News, Top of the deck, World

A press release on behalf of Genting Bhd has apparently confirmed a US$4.3-billion budget for the Resorts World Las Vegas casino resort (pictured in an artist’s rendering) being developed in...

Osaka states RFP schedule, IR partner decision June 2020

Nov 21, 2019 Newsdesk Japan, Latest News, Top of the deck

The Osaka authorities announced on Thursday plans to move ahead next month with a request-for-proposal (RFP) process in an effort to have a casino resort in that Japanese prefecture and city. The...

Pansy Ho sells 4.5mln shares in MGM Resorts for US$140mln

Nov 21, 2019 Newsdesk Latest News, Macau, Top of the deck

Pansy Ho Chiu King, co-chairperson and executive director of Hong Kong-listed MGM China Holdings Ltd, has sold a total of 4.5 million shares in the firm’s U.S.-based parent MGM Resorts...

Macau gaming tax take nearly US$12bln to October

Nov 21, 2019 Newsdesk Latest News, Macau, Top of the deck

The Macau government has collected nearly MOP94.04 billion (US$11.7 billion) in tax revenue from the city’s gaming industry in the first 10 months of this year. The tax revenue collected from the...

IGT making meaningful progress in Asia: Michael Cheers

Nov 21, 2019 Newsdesk Latest News, MGS Entertainment Show 2019

Gaming equipment provider International Game Technology Plc (IGT) is “making meaningful progress across the Asia region”, says company sales director for Asia, Michael Cheers. In order further to...

Dynam eyes development of fresh casino slots: chairman

Nov 21, 2019 Newsdesk Industry Talk, Latest News, Top of the deck

Hong Kong-listed Japanese pachinko operator Dynam Japan Holdings Co Ltd plans to continue investing in the development of electronic gaming machines, a new business segment the company entered...

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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...