GGRAsia – Macau

Macau likely to let current ops stay in market: Pansy Ho

Apr 13, 2015 Newsdesk Latest News, Macau, Top of the deck

The Macau government should send a signal that it is interested in continued partnership with the private sector in gaming by allowing the existing casino operators to stay in the market when their...

Melco Intl awards Lawrence Ho US$2.8 mln share options

Apr 10, 2015 Newsdesk Latest News, Macau, Philippines, Top of the deck

Lawrence Ho Yau Lung (pictured), chairman and chief executive of casino investor Melco International Development Ltd, has been awarded share options in the company at an aggregate exercise price...

Macau Resources Group seeks Philippines casino

Apr 10, 2015 Newsdesk Latest News, Macau, Philippines, Top of the deck

A U.S.-based business called Sino-America Gaming Investment Group controlled by Denver-based consultancy RiskWise Group, and Macau Resources Group Ltd (MRG), which Sino-America majority owns, are...

Wynn Resorts pledges to diversify board by end-2015

Apr 09, 2015 Newsdesk Latest News, Macau, Top of the deck, World

Wynn Resorts Ltd – parent company of Macau casino operator Wynn Macau Ltd – has promised to recommend at least one “diverse” candidate for membership of the board before year-end. “The...

Macau April GGR heads for 37 pct y-o-y fall: analysts

Apr 09, 2015 Newsdesk Latest News, Macau, Top of the deck

A selection of investment analysts are expecting Macau’s April gross gaming revenue (GGR) to decline by between 37 percent and 40 percent year-on-year. They base their assessments on factors that...

Macau casino slump hurting city’s consumer confidence

Apr 09, 2015 Newsdesk Latest News, Macau, Top of the deck

Consumer confidence in Macau has become a victim of the ongoing slowdown in the city’s casino industry. The latest reading of the Macau Consumer Confidence Index, compiled by the Macau University...

DEQ, LT Game partner to deliver EZ Baccarat in Asia

Apr 09, 2015 Newsdesk Latest News, Macau, Top of the deck

Canadian gaming supplier DEQ Systems Corp and LT Game Ltd on Thursday announced a cross-border partnership to deliver DEQ’s no commission EZ Baccarat game on LT Game’s Live Multi Game (LMG)...

Macau earnings estimates risk cut on ‘worst’ quarter: CS

Apr 08, 2015 Newsdesk Latest News, Macau, Top of the deck

The first quarter of 2015 is the “worst quarter since the Macau operators listed” in Hong Kong, said a note from Credit Suisse AG on Tuesday. The bank added that following the first quarter...

MBS names Patricia Beaudoux director intl sales, Asia

Apr 08, 2015 Newsdesk Industry Talk, Latest News, Macau, Singapore

Singapore casino resort Marina Bay Sands – developed and managed by global casino operator Las Vegas Sands Corp – has announced Patricia Beaudoux (pictured) as director of international sales...

MGM China amends, extends credit facility

Apr 08, 2015 Newsdesk Latest News, Macau, Top of the deck

Macau-based casino operator MGM China Holdings Ltd has agreed with its lenders to amend and restate its Hong Kong dollar-denominated senior credit facilities. The announcement was made by U.S.-based...