The latest news on the gaming industry in Asia

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S. Korea cruise ships to offer gambling, to foreigners-only

S. Korea cruise ships to offer gambling, to foreigners-only

Jul 29, 2015 Latest News, Rest of Asia, Top of the deck  

From as early as next year, South Korean cruise vessels voyaging overseas will be able to operate casinos on board – but casino admission will be only for foreign passengers. “The ministry is in...
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Chui Sai On confirms prospect of GGR-led spending cuts

Chui Sai On confirms prospect of GGR-led spending cuts

Jul 29, 2015 Latest News, Macau, Top of the deck  

Macau’s Chief Executive, Fernando Chui Sai On (pictured), has stressed that the city’s public finances “remain sound” despite the ongoing slump in casino gross gaming revenue (GGR). Mr Chui...
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GCA revenue jumps 42 pct in 2Q, rebrand confirmed

GCA revenue jumps 42 pct in 2Q, rebrand confirmed

Jul 29, 2015 Industry Talk, Latest News, Top of the deck  

U.S.-based Global Cash Access Holdings Inc posted a year-on-year revenue increase of 42 percent in the second quarter, to US$206.4 million. Its revenue included US$54.9 million from the games segment...
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David Smail new chief legal officer, Scientific Games

David Smail new chief legal officer, Scientific Games

Jul 29, 2015 Industry Talk, Latest News  

U.S.-based Scientific Games Corp has appointed David W. Smail as executive vice president and chief legal officer, effective August 3. Mr Smail will be based at the company’s global corporate...
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Novomatic in binding bids for Casinos Austria stakes

Novomatic in binding bids for Casinos Austria stakes

Jul 28, 2015 Industry Talk, Latest News, World  

Austria-based gaming equipment maker Novomatic AG has made binding offers for two equity stakes in partially state-owned Casinos Austria AG. The privately-held Novomatic confirmed the move in an...
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Melco Crown revealing on Monday Studio City opening date

Melco Crown revealing on Monday Studio City opening date

Jul 28, 2015 Latest News, Macau, Top of the deck  

Casino operator Melco Crown Entertainment Ltd says it will make public on Monday a date for what its public relations firm termed the “Grand Opening” of Macau casino resort Studio City...
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Galaxy Ent mkt share up on Galaxy Macau phase 2: UBS

Galaxy Ent mkt share up on Galaxy Macau phase 2: UBS

Jul 28, 2015 Latest News, Macau, Top of the deck  

Hong Kong-listed casino operator Galaxy Entertainment Group Ltd has gained about 2 percentage points in Macau gross gaming revenue share since the opening of the second phase of its Cotai flagship...
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Imperial Pacific has soft opening for Saipan casino

Imperial Pacific has soft opening for Saipan casino

Jul 28, 2015 Latest News, Top of the deck, World  

Hong Kong-listed Imperial Pacific International Holdings Ltd said in a filing it had a “soft opening” on Sunday of what it described as its “temporary casino” on the Pacific Island of Saipan...
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Crane’s profit down 7 pct in Q2

Crane’s profit down 7 pct in Q2

Jul 28, 2015 Industry Talk, Latest News  

U.S.-based Crane Co reported second quarter net income of US$55.8 million, down by 6.5 percent in comparison with the prior-year period. Crane is a supplier of payment and merchandising technology to...
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GGR-led austerity a Macau govt wake-up call: analyst

GGR-led austerity a Macau govt wake-up call: analyst

Jul 28, 2015 Latest News, Macau, Top of the deck  

The acknowledgement by the Macau government that the ongoing slump in casino gross gaming revenue (GGR) could lead to the introduction of austerity measures is a “wake-up call” for the city’s...
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MOP22.0 billion

Latest forecast by JP Morgan for Macau's full-October casino gross gaming revenue