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Author Archive: Newsdesk

Melco Intl US$2mln in share options to directors, others

Melco Intl US$2mln in share options to directors, others

Apr 08, 2021 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck  

Casino investor Melco International Development Ltd has granted share options to directors and “certain employees” of the company that are worth in aggregate about HKD16.4 million (US$2.1...
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Macau daily visit volume down 17pct m-o-m for April 2 to 6

Macau daily visit volume down 17pct m-o-m for April 2 to 6

Apr 08, 2021 Newsdesk Latest News, Macau, Top of the deck  

Macau received nearly 100,000 visitors during the Easter and Ching Ming Festival holidays, according to the Macao Government Tourism Office. Mainland China – the only place currently to have a...
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Macau Apr 1-6 GGR flat w-o-w, despite visits up: Bernstein

Macau Apr 1-6 GGR flat w-o-w, despite visits up: Bernstein

Apr 07, 2021 Newsdesk Latest News, Macau, Top of the deck  

Macau casino gross gaming revenue (GGR) for the first six days of April was flat compared to the prior week, despite visitor volumes increasing over the period, estimates brokerage Sanford C....
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GEN Malaysia may deleverage within 2 years says Fitch

GEN Malaysia may deleverage within 2 years says Fitch

Apr 07, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

Casino operator Genting Malaysia Bhd should be able to “deleverage in one or two years” thanks to “gradual” recovery in demand following the Covid-19 pandemic, and thanks to maintaining...
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Nascent gaming recovery, challenges remain: Genting boss

Nascent gaming recovery, challenges remain: Genting boss

Apr 07, 2021 Newsdesk Latest News, Rest of Asia, Singapore, Top of the deck  

The chairman and chief executive of Malaysian conglomerate Genting Bhd, Lim Kok Thay (pictured), says there are signs of “nascent recovery” in gaming across Asia. The veteran tycoon however...
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Kangwon Land names ex-vice minister as CEO

Kangwon Land names ex-vice minister as CEO

Apr 07, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

A former senior South Korean government official is to assume the chief executive role at casino resort promoter Kangwon Land Inc starting on April 8, according to a Tuesday filing by the firm lodged...
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Everi CEO Rumbolz to take chairman role as well

Everi CEO Rumbolz to take chairman role as well

Apr 07, 2021 Newsdesk Industry Talk, Latest News  

Michael Rumbolz (pictured) is to become chairman of casino technology supplier Everi Holdings Ltd, in addition to his role as chief executive, due to the pending retirement in mid-May of the present...
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Grand Korea Leisure March casino sales leap m-on-m

Grand Korea Leisure March casino sales leap m-on-m

Apr 07, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

March casino sales at Grand Korea Leisure Co Ltd, an operator in South Korea of foreigner-only casinos, rose 1,074.0 percent month-on-month, although they were down 49.1 percent judged year-on-year....
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China bans travel for 89, says some had overseas bet links

China bans travel for 89, says some had overseas bet links

Apr 06, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  

China’s National Immigration Administration said on Tuesday that it recently declared the passports of 89 people no longer valid, due to their alleged involvement either in “cross-border...
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MGM-Orix still only casino suitor after Osaka RFP extension

MGM-Orix still only casino suitor after Osaka RFP extension

Apr 06, 2021 Newsdesk Japan, Latest News, Top of the deck  

Japan’s Osaka prefecture said on Tuesday that no fresh private-sector suitor had come forward as a result of the extension of its request-for-proposal (RFP) process concerning the...
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Features

  • Maybe only handful Macau junkets can survive: trade rep
    Maybe only handful Macau junkets can survive: trade rep

    Apr 01, 2021  

    Possibly only a “couple” of Macau’s VIP gaming...
  • Local play key for Vietnam casino resort future: experts
    Local play key for Vietnam casino resort future: experts

    Mar 18, 2021  

    Vietnam’s large-scale casino resorts are not likely to...
  • Macau must clarify VIP sub-agent legal status: scholar
    Macau must clarify VIP sub-agent legal status: scholar

    Mar 12, 2021  

    Key regulatory issues on casino gaming to be addressed by...
  • Single gambling regulator for Singapore logical: experts
    Single gambling regulator for Singapore logical: experts

    Jun 05, 2020  

    Singapore’s plan to establish by 2021 a new body known as...
  • Casino cities embrace online play or lose out: experts
    Casino cities embrace online play or lose out: experts

    May 25, 2020  

    The coronavirus pandemic has been touted in some quarters...

Partners

From the Press

Oaktree seeking something
'creative' with Crown bid

Reuters Apr 19

Las Vegas Sands is ready
to wager more on China

Forbes Apr 16

Las Vegas tops expectations
on return to city, CEO says

Las Vegas Review-Journal Apr 15

Pick of the Day


US$1.14 billion

Macau’s total VIP gross gaming revenue in the first quarter of 2021



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