The latest news on the gaming industry in Asia

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MGM China reports 22-pct slip in 4Q net revenue

MGM China reports 22-pct slip in 4Q net revenue

Feb 18, 2015 Latest News, Macau, Top of the deck, World  

Macau casino operator MGM China Holdings Ltd reported net revenue of US$718.7 million for the final quarter of 2014, a 22-percent decrease compared to the prior-year quarter, according to a filing on...
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Chambrello returns to head GTech’s North America Lottery

Chambrello returns to head GTech’s North America Lottery

Feb 17, 2015 Industry Talk, Latest News  

Lottery specialist GTech SpA on Tuesday announced the appointment of Michael Chambrello as chief executive of the North America Lottery division, effective March 23. Mr Chambrello will oversee the...
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Macau to see little to no rebound after CNY: Nomura

Macau to see little to no rebound after CNY: Nomura

Feb 17, 2015 Latest News, Macau, Top of the deck  

Average daily revenue in Macau casinos is showing a sequential decline “typical” before Chinese New Year, which this year falls on February 19, said a new note from Japanese finance house Nomura....
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MGM China announces new bonus to non-management staff

MGM China announces new bonus to non-management staff

Feb 17, 2015 Latest News, Macau, Top of the deck  

Macau casino operator MGM China Holdings Ltd on Tuesday announced a special bonus to non-management team members at MGM Macau (pictured), the firm’s single currently-operating Macau property....
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Mongolia parliament to vote on casino bill: report

Mongolia parliament to vote on casino bill: report

Feb 17, 2015 Latest News, Rest of Asia, Top of the deck  

Mongolia’s parliament may vote as early as this week on draft legislation to allow multi-billion dollar casinos in the country, Reuters news agency reports. At a meeting on February 12, the...
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Macau govt intake from gaming tax drops 30 pct in Jan

Macau govt intake from gaming tax drops 30 pct in Jan

Feb 17, 2015 Latest News, Macau, Top of the deck  

The Macau government collected a total of MOP8.49 billion (US$1.06 billion) in direct taxes from gaming in January, down by 29.7 percent year-on-year, according to data disclosed on Monday by...
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New entrants put older Jeju casinos at risk: Union Gaming

New entrants put older Jeju casinos at risk: Union Gaming

Feb 17, 2015 Latest News, Rest of Asia, Top of the deck  

The number of licensed casinos in South Korea’s Jeju Island is “likely to decline” despite the addition of new international operators, said Union Gaming Research Macau Ltd in a note on Monday....
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Macau junket closures pose risk for premium mass: CS

Macau junket closures pose risk for premium mass: CS

Feb 16, 2015 Latest News, Macau, Top of the deck  

Analysts at Credit Suisse AG see risks of further deterioration in premium mass revenue in Macau as more junket closures may hurt players’ funding channels. Kenneth Fong and Isis Wong said in...
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Sri Lanka’s ‘no’ to casinos reflects public opinion: Minister

Sri Lanka’s ‘no’ to casinos reflects public opinion: Minister

Feb 16, 2015 Latest News, Rest of Asia, Top of the deck  

Sri Lanka’s newly-installed government will not grant new licences to casinos in the country in the near future, said Eran Wickramaratne (pictured), deputy minister of highways and investment...
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Universal Entertainment to pay US$0.25 dividend

Universal Entertainment to pay US$0.25 dividend

Feb 16, 2015 Japan, Latest News, Philippines, Top of the deck  

Japan-based pachinko machine maker Universal Entertainment Corp, an investor in the Manila Bay Resorts casino resort (pictured in a rendering) in the Philippines, is to disburse JPY2.2 billion...
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Jan 24, 2025  

Sponsored feature |  The year 2024 was a time of breakthroughs and successes for 1xBet. The brand strengthened its position in the iGaming industry, signed major partnership deals, won prestigious awards, and showcased its innovations at the world’s biggest forums. Game-changing partnerships...
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US$2.75 billion

Forecast by the country's regulator for 2025 e-Games gross gaming revenue in the Philippines