GGRAsia – Newsdesk

Macau pull for China clients strong, can grow: MGM CEO

Oct 10, 2024 Newsdesk Latest News, Macau, Top of the deck

China economic stimulus policy is “relevant” to Macau, but the city is still “unique” in terms of its appeal, and the penetration rate for the city’s services is still modest on the Chinese...

Asia Pioneer adds sales director Maria Garcia to its board

Oct 10, 2024 Newsdesk Industry Talk, Latest News

Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd (APE) has announced the appointment of Maria Garcia (pictured) to the company’s board, with effect from September 30. Ms Garcia is the...

S.Korean biz aims casino on Pacific island Rota early 2025

Oct 09, 2024 Newsdesk Latest News, Top of the deck, World

A South Korean firm called IH Group, which says it has a land-based casino licence as well as an online gaming licence from the tiny Pacific island of Rota, has told GGRAsia it will “inaugurate”...

TCS Chipper Champ 3 on casino floors by 2Q 2025

Oct 09, 2024 Newsdesk Latest News, Trends & Tech

Gaming technology supplier TCS John Huxley Ltd says it is offering “the next generation of chip handling technology” via its new Chipper Champ 3 product (pictured). It added that units would be...

Macau average room rate US$232 in Oct Golden Week: MGTO

Oct 09, 2024 Newsdesk Latest News, Macau, Top of the deck

The average occupancy rate of Macau’s hotels reached 94.5 percent during this year’s October Golden Week, with an average room rate across all tiers of hotels and inns at MOP1,860.8 (US$232.4) in...

40k Philippine new rooms, US$4bln pledged: consultancy

Oct 09, 2024 Newsdesk Latest News, Philippines, Top of the deck

Hotel investors have pledged circa PHP250.0 billion (US$4.39 billion) to develop 158 new accommodation establishments in the Philippines in the next six to seven years. The investment will represent...

Wynn says to have 15yr casino licence for Ras Al Khaimah

Oct 09, 2024 Newsdesk Latest News, Top of the deck, World

Wynn Resorts Ltd will have an exclusive, renewable 15-year casino licence for Ras Al Khaimah in the United Arab Emirates (UAE), and could generate a minimum of US$1.33 billion annually in gross...

U.N. warns of risks of online gambling in Southeast Asia

Oct 09, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

A new report from an agency of the United Nations (U.N.) has voiced concerns about the growing risks related to transnational criminal groups in Southeast Asia, which make use of “underregulated...

MGM Macau to launch high-tech Poly MGM Museum in Nov

Oct 09, 2024 Newsdesk Latest News, Macau, Top of the deck

Casino operator MGM China Holdings Ltd is to launch in November what it describes as a “state-of-the-art, innovative technology” museum (pictured) at its MGM Macau property, in downtown Macau....

Oct Golden Week Macau visit tally beats 2019 holiday by 2pct

Oct 08, 2024 Newsdesk Latest News, Macau, Top of the deck

Macau’s visitor tally for October Golden Week beat the pre-pandemic 2019 aggregate by nearly 2.0 percent, according to data released on Tuesday by the Macao Government Tourism Office (MGTO). The...