GGRAsia – Industry Talk

Asia Pioneer warns Apac casino closures could hurt its biz

Apr 07, 2020 Newsdesk Industry Talk, Latest News, Philippines, Rest of Asia

Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd says it expects the novel coronavirus pandemic to have a “material adverse impact” on the group’s financial performance and interim...

AGEM Index retreats in March amid gaming slowdown

Apr 03, 2020 Newsdesk Industry Talk, Latest News

The AGEM Index of share values for gaming equipment suppliers during March decreased by 156.39 points to 312.52 points, down 33.4 percent on the prior month, showed a written statement released on...

FBM cash sent via Pagcor to help Philippines on Covid-19

Apr 02, 2020 Newsdesk Industry Talk, Latest News, Philippines

FBM, a maker of casino slot machines and an international specialist in electronic bingo machines with a strong presence in the Philippines, has donated PHP20 million (US$393,000) to four public...

MGM president for global gaming Sandoval steps down

Apr 02, 2020 Newsdesk Industry Talk, Latest News, World

U.S.-based casino operator MGM Resorts International has announced that Brian Sandoval (pictured in a file photo), the group’s president of global gaming development, will be leaving the...

Sega Sammy promotes Scott Winzeler to CEO, president

Apr 01, 2020 Newsdesk Industry Talk, Latest News

Japan-based gaming equipment supplier Sega Sammy Creation Inc announced on Wednesday the appointment of Scott Winzeler as the firm’s new president and chief executive. The appointment was with...

Asia Pioneer looks to consulting, leasing and SE Asia

Mar 31, 2020 Newsdesk Industry Talk, Latest News, Macau

Hong Kong-listed Asia Pioneer Entertainment Holdings Ltd said it expects its revenue this year from sales of electronic gaming equipment to be negatively affected – in common with the wider...

Sci Games top execs volunteer pay cuts during downturn

Mar 31, 2020 Newsdesk Industry Talk, Latest News, Top of the deck, World

Casino equipment and lottery services provider Scientific Games Corp said the group’s chief executive Barry Cottle had “volunteered a 100-percent reduction” in base salary while the...

TransAct to cut costs, trade shows due to Covid-19

Mar 25, 2020 Newsdesk Industry Talk, Latest News, World

Casino technology supplier TransAct Technologies Inc said in a Tuesday press release it was “furloughing approximately 10 percent” of its workforce as part of the group’s response to the...

Everi implements pay cuts amid Covid-19 woes

Mar 25, 2020 Newsdesk Industry Talk, Latest News, World

Casino technology supplier Everi Holdings Inc says it has implemented “targeted furloughs and company-wide salary reductions” due to the business disruption to the gaming industry caused...

IGT names Massimiliano Chiara CFO, flags board changes

Mar 24, 2020 Newsdesk Industry Talk, Latest News

Global gaming and lottery supplier International Game Technology Plc (IGT) has appointed Massimiliano Chiara to the role of executive vice president and chief financial officer (CFO), with...