The latest news on the gaming industry in Asia

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Lam Yi Young resigns as deputy CEO Resorts World Sentosa

Lam Yi Young resigns as deputy CEO Resorts World Sentosa

Jun 02, 2023 Latest News, Singapore, Top of the deck  

Genting Singapore Ltd says Lam Yi Young has resigned from his role as deputy chief executive of Resorts World at Sentosa Pte Ltd. The latter firm is an indirect wholly owned subsidiary of Genting...
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China stimulus package could benefit Macau stocks: CBRE

China stimulus package could benefit Macau stocks: CBRE

Jun 02, 2023 Latest News, Macau, Top of the deck  

The possibility of a fresh fiscal stimulus package by authorities in mainland China could help push up the valuations of Macau casino stocks. That is according to a note from U.S.-based brokerage...
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No gaming licensing system gold standard: UNLV paper

No gaming licensing system gold standard: UNLV paper

Jun 02, 2023 Latest News, Macau, Top of the deck, World  

There is no “gold standard” regarding how gaming is regulated in different jurisdictions, irrespective of the system of law that is in place. That is the conclusion of a paper in the latest...
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MBS en route to US$500mln quarterly EBITDA: LVS boss

MBS en route to US$500mln quarterly EBITDA: LVS boss

Jun 01, 2023 Latest News, Macau, Singapore, Top of the deck  

Casino operator Las Vegas Sands Corp expects its Marina Bay Sands (MBS) property in Singapore to soon hit the US$500-million mark in terms of quarterly earnings before interest, taxation,...
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Paradise Co sees May casino revenue up 30pct m-o-m

Paradise Co sees May casino revenue up 30pct m-o-m

Jun 01, 2023 Latest News, Rest of Asia, Top of the deck  

Casino revenue at South Korea’s foreigner-only casino operator Paradise Co Ltd rose by 30 percent month-on-month in May, according to a Thursday filing by the company to the Korea Exchange. Such...
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Macau May GGR tops US$1.9bln, up 6pct from Apr: govt

Macau May GGR tops US$1.9bln, up 6pct from Apr: govt

Jun 01, 2023 Latest News, Macau, Top of the deck  

Macau recorded casino gross gaming revenue (GGR) of MOP15.57 billion (US$1.93 billion) in May, up 5.7 percent from MOP14.72 billion in April. GGR rose sequentially for the third consecutive month....
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Alfastreet’s new Verso cabinet heading to Asian markets

Alfastreet’s new Verso cabinet heading to Asian markets

Jun 01, 2023 G2E Asia 2023: Singapore, Latest News, Top of the deck  

Alfastreet, a manufacturer of electronic gaming machines, says it is in the initial stages of introducing its latest “Verso” single terminal to various gaming jurisdictions in Asia. “Malaysia,...
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Sega Sammy Creation growing land-based, eyes online

Sega Sammy Creation growing land-based, eyes online

Jun 01, 2023 G2E Asia 2023: Singapore, Latest News, Top of the deck  

Casino equipment maker Sega Sammy Creation Inc is tweaking its market approach in the land-based segment, in terms of manufacturing and sales, says Naoki Kameda (pictured, left), the firm’s...
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iGaming growing in Asia, ops tackling challenges: Uplatform

iGaming growing in Asia, ops tackling challenges: Uplatform

Jun 01, 2023 G2E Asia 2023: Singapore, Latest News  

The iGaming segment in Asia “has grown rapidly” since the onset of the Covid-19 pandemic in early 2020, says Rakhi Jaimini (pictured), sales manager at sports betting and online casino operating...
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SOFTSWISS Jackpot Aggregator powers US$1bln in 1Q bets

SOFTSWISS Jackpot Aggregator powers US$1bln in 1Q bets

Jun 01, 2023 iGaming, Latest News  

SOFTSWISS, a software provider for online casinos and bookmakers, says the amount of bets participated in jackpots powered by its Jackpot Aggregator product “exceeded EUR959 million” (US$1.03...
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US$8.1 billion

Macau’s casino gross gaming revenue in the five months to May 31