GGRAsia – Latest News

SiGMA Asia 2023 drew 217 exhibitors from across the globe

Sep 19, 2023 Newsdesk iGaming, Industry Talk, Latest News

SiGMA Asia 2023, a trade show and conference for the online gaming sector held in the Philippine capital Manila, attracted 217 exhibitors drawn from six continents, said a post-show report issued on...

Premium Leisure net income up 52pct in year to Aug

Sep 19, 2023 Newsdesk Latest News, Philippines, Top of the deck

Philippine-listed Premium Leisure Corp says it has achieved “excellent” results in the first eight months of 2023, “particularly in its casino and lottery businesses”. That is according...

No swift resumption of dividends for most Macau ops: GS

Sep 19, 2023 Newsdesk Latest News, Macau, Top of the deck

Investment bank Goldman Sachs said in a Sunday memo that it believes that most Macau casino operators “may not be able to resume dividend anytime soon,” due to “either stretched balance sheets...

Hengqin-Macau tour reboot for mainland consumers: MGTO

Sep 19, 2023 Newsdesk Latest News, Macau, Top of the deck

Package stays covering non-gaming activities on Hengqin island (pictured), a piece of mainland China territory, and a stop at a Macau hotel, are again being touted to mainland tour groups. Macao...

Sept daily Macau GGR rebounds after storms: brokerage

Sep 18, 2023 Newsdesk Latest News, Macau, Top of the deck

Macau’s September daily run rate for casino gross gaming revenue (GGR) improved by at least 25.6 percent relative to the first two weeks of the month, when inbound tourism was disrupted by bad...

Macau premium mass dips, whales make Sept splash: Citi

Sep 18, 2023 Newsdesk Latest News, Macau, Top of the deck

Premium-mass segment wagers observed in banking institution Citigroup’s September snapshot survey of Macau gaming floors were down circa 8 percent month-on-month at about HKD8.8 million (US$1.1...

Likely some UAE gaming regulation this year: JPM

Sep 18, 2023 Newsdesk Latest News, Top of the deck, World

Analysts at brokerage JP Morgan Securities LLC say they believe that “some form” of gaming regulation in the United Arab Emirates (UAE) might be “released before the end of the year”. “We...

Macau eyes mainland help to fight illicit money changing

Sep 18, 2023 Newsdesk Latest News, Macau, Top of the deck

Macau’s security forces hope for “strengthening cooperation” with their counterparts on the Chinese mainland, and greater “exchanges of intelligence” to tackle what they term “the...

Aristocrat appoints Superna Kalle as head of strategy

Sep 18, 2023 Newsdesk Industry Talk, Latest News

Australia-listed slot machine maker and online gaming content provider Aristocrat Leisure Ltd says it has appointed Superna Kalle to be the firm’s chief strategy and content officer. Ms Kalle will...

Pagcor to be just a gaming regulator by 2025: Tengco

Sep 18, 2023 Newsdesk Latest News, Philippines, Top of the deck

Alejandro Tengco, head of the Philippine Amusement and Gaming Corp (Pagcor), says the process to end its operating functions to focus on regulatory work “should be completed by 2025”. “We have...