GGRAsia – Newsletter

E-Sports, VR need Asia casino tryouts: Innovation Group

Nov 16, 2018 Newsdesk Latest News, Macau, MGS Entertainment Show 2018

Bringing e-Sports or virtual reality (VR) games into casinos is a “meaningful” experiment in diversification for casino operators, even in the Macau context, where the city’s casinos are...

Eight more companies bring AGEM roster of members to 166

Nov 16, 2018 Newsdesk Industry Talk, Latest News

The Association of Gaming Equipment Manufacturers (AGEM) says it has admitted eight new members. In a written announcement issued on Thursday, AGEM said the new members bring the number of companies...

Nomura sees 2019 returns upside even if Macau GGR shrinks

Nov 16, 2018 Newsdesk Latest News, Macau, Top of the deck

Japanese brokerage Nomura thinks the upside for returns on shares in U.S.-listed gaming companies with casinos in Macau could be over 20 percent even if annual gross gaming revenue (GGR) in the city...

Manila’s Winford casino gaming revenue surges in 3Q

Nov 16, 2018 Newsdesk Latest News, Philippines, Top of the deck

The Winford Hotel and Casino posted strong gaming revenue growth in the third quarter, said operator MJC Investments Corp, a subsidiary of the Manila Jockey Club Inc. The property (pictured) –...

Imperial Pacific suspends casino ops, blames super typhoon

Nov 16, 2018 Newsdesk Latest News, Top of the deck, World

A super typhoon that struck the U.S. Pacific jurisdiction of the Commonwealth of the Northern Mariana Islands (CNMI) several weeks ago is still having effects on air transport and tourism, and has...

No news on licence refreshment in Macau policy address

Nov 15, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau’s Chief Executive, Fernando Chui Sai On (pictured), delivered on Thursday the local government’s policy address for 2019, but the city’s leader provided no guidance regarding what...

EGM contribution growing steadily in Macau: MGS panel

Nov 15, 2018 Newsdesk Latest News, Macau, MGS Entertainment Show 2018

Macau’s market for electronic gaming machines (EGMs) is “relatively undeveloped” but has “big potential” to grow in gaming revenue terms, suggested on Thursday a panel of executives from...

Macau ops not to force staff into public holiday plan: govt

Nov 15, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau’s six casino operators have pledged not to force employees into accepting a new, voluntary scheme regarding enjoyment of public mandatory holidays, being proposed by the government. The news...

AGEM Index down mth-o-mth, ends 36 mths of yr-o-yr ups

Nov 15, 2018 Newsdesk Industry Talk, Latest News, Top of the deck

The AGEM Index tracking the share prices of the leading global gaming machine manufacturers continued to slide last month, with October’s composite index down 8.29 percent compared to...

Only 49 upgraded smoke lounges okayed so far: Macau govt

Nov 15, 2018 Newsdesk Latest News, Macau, Top of the deck

Macau’s Health Bureau has so far only approved requests for the installation of 49 upgraded smoking lounges inside the city’s gaming venues, out of a total of 404 requests the bureau had...