GGRAsia – Industry Talk

AGEM Index down 1.6 pct m-o-m in September

Oct 10, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

The AGEM Index declined to 187.50 in September, falling 3.08 points, or 1.6 percent, compared to August 2014. The latest period represents the sixth decline in the past nine months. Compared to the...

IGT offers cash for tweaks on US$1.3 bln of its notes

Oct 10, 2014 Newsdesk Industry Talk, Latest News, World

Casino equipment maker International Game Technology (IGT) is offering holders of its principal notes – amounting in aggregate to US$1.3 billion – cash fees if they consent to certain changes of...

Bally owners to vote on fast-tracked SG deal Nov 18

Oct 09, 2014 Newsdesk Industry Talk, Latest News

Slot machine and casino systems maker Bally Technologies Inc announced on Wednesday that a special meeting of its stockholders would be held on November 18. Shareholders of record, as of October...

Vincent Kelly named as Aristocrat MD, Asia Pacific

Oct 07, 2014 Newsdesk Industry Talk, Latest News

Casino equipment maker Aristocrat Leisure Ltd has appointed Vincent Kelly as managing director, Asia Pacific. Mr Kelly joined Aristocrat in January 2014, following a sales and management career in...

Gordon Ramsay eyes Macau market

Oct 06, 2014 Newsdesk Industry Talk, Latest News, Macau

After setting up food businesses in Hong Kong and Singapore, celebrity chef Gordon Ramsay (pictured) is planning to expand his business to Macau. Gordon Ramsay Holdings Ltd is seeking to lodge the...

Less bang for your buck with modern slots: G2E panel

Oct 03, 2014 Newsdesk Industry Talk, Latest News

The velocity of betting and combinations of betting available on modern slot machines means the cost of using them for two hours has risen by as much as 1,000 percent in dollar-for-dollar terms in...

ICYMI – here come the Millennials

Oct 03, 2014 Newsdesk Industry Talk, Latest News

ICYMI – which means ‘in case you missed it’ for the uninitiated or older reader – Global Gaming Expo (G2E) 2014 in Las Vegas heard much discussion about the ‘Millennials’, also known as...

Slot firms better at serving global industry: Patti Hart

Oct 02, 2014 Newsdesk Industry Talk, Latest News

The slot technology industry – much of it originally from the U.S. – is getting better at serving multiple markets around the world, said Patti Hart (pictured, centre right), chief executive of...

M&A a duty to shareholders: Aristocrat CEO

Oct 02, 2014 Newsdesk Industry Talk, Latest News

Jamie Odell (pictured), chief executive of Australian slot machine maker Aristocrat Leisure Ltd, on Wednesday said it was “responsible” of gaming technology suppliers to consider consolidation in...

GTech to buy back up to 9.5 pct of its capital

Oct 02, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

GTech SpA, an Italian commercial lottery operator and provider of gaming technology, announced on Wednesday a share repurchase programme for up to 9.5 percent of the company’s capital. GTech is...