• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Newsletter 1

Macau ops share junket deposit liability: Macau top court

Macau ops share junket deposit liability: Macau top court

May 16, 2022 Newsdesk Latest News, Macau, Top of the deck  

Macau’s Court of Final Appeal announced on Monday sentences in relation to a total of nine cases concerning debt claims involving junket operators based at local casinos. In all the cases, the...
Read More
Macau GGR tax cut may spur 15pct EBITDA hike: JP Morgan

Macau GGR tax cut may spur 15pct EBITDA hike: JP Morgan

May 16, 2022 Newsdesk Latest News, Macau, Top of the deck  

A cut of 5 percentage points in the tax levied on Macau gross gaming revenue (GGR “would be equivalent to a 12 to 15 percent boost” to estimated industry earnings before interest, taxation,...
Read More
GEN Singapore posts US$29mln 1Q profit, up sequentially

GEN Singapore posts US$29mln 1Q profit, up sequentially

May 12, 2022 Newsdesk Latest News, Singapore, Top of the deck  

Casino operator Genting Singapore Ltd reported a net profit of SGD40.4 million (US$28.9 million) for the first quarter of 2022, up 17.3 percent from the previous quarter. It represented a...
Read More
Aruze says Philippine court restored Okada to Tiger board

Aruze says Philippine court restored Okada to Tiger board

May 12, 2022 Newsdesk Latest News, Philippines, Top of the deck  

An email to GGRAsia from casino equipment supplier Aruze Gaming Macau Ltd said a recent Philippine court order would “restore the composition of the board of directors of Tiger Resort, Leisure and...
Read More
No material exposure to Macau junket debt cases: Wynn CEO

No material exposure to Macau junket debt cases: Wynn CEO

May 11, 2022 Newsdesk Latest News, Macau, Top of the deck  

The chief executive of Macau-based casino operator Wynn Macau Ltd says the firm has yet to “accrue for” any “material exposure” to debt claims involving junket operators previously...
Read More
Newly-elected president Marcos’ in-tray has gaming

Newly-elected president Marcos’ in-tray has gaming

May 10, 2022 Newsdesk Latest News, Philippines, Top of the deck  

Ferdinand Marcos Jr (pictured), leader-in-waiting for the Philippines, will have a number of key gaming industry-related items in the in-tray. Taxes from licensed casinos and other forms of...
Read More
Macau player deposits only via concessionaire: legislator

Macau player deposits only via concessionaire: legislator

May 06, 2022 Newsdesk Latest News, Macau, Top of the deck  

The proposed crime relating to “illegal taking of deposits” means neither Macau junkets nor their “collaborators” will be able independently to hold any funds on behalf of gamblers –...
Read More
Possible US$637mln loan via STDM to shore SJM: mgmt

Possible US$637mln loan via STDM to shore SJM: mgmt

May 04, 2022 Newsdesk Latest News, Macau, Top of the deck  

Management at Macau casino operator SJM Holdings Ltd says the firm has the possibility of asking for a HK$5-billion (about US$637-million) loan from its largest shareholder STDM, if faced with...
Read More
SJM quarterly loss near double y-o-y in 1Q to US$163mln

SJM quarterly loss near double y-o-y in 1Q to US$163mln

May 03, 2022 Newsdesk Latest News, Macau, Top of the deck  

The first-quarter loss at Macau casino operator SJM Holdings Ltd rose 97.8 percent year-on-year, to HKD1.28 billion (US$163.4 million), versus a HKD647-million loss in the first three months of 2021....
Read More
MGM hopes for Osaka construction late 2023 if IR approved

MGM hopes for Osaka construction late 2023 if IR approved

May 03, 2022 Newsdesk Japan, Latest News, Top of the deck  

If given the go-ahead to build a casino resort in Osaka, Japan, then MGM Resorts International would hope to see foundation work take place in late 2023, said Bill Hornbuckle, the group’s chief...
Read More
123NEXTLAST

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

For the Press

Imperial Pacific hoping to get
funding from South Korean group

Marianas Variety May 16

Opening nears for Reno-Sparks’
first new casino in 26 years

Fox Business May 16

Tesla rental: Firm brings electric
cars to Resorts World Las Vegas

Las Vegas Sun May 16

Pick of the Day

”Any reduction in [Macau gaming] tax would be positive for future profits and cash flows, all else equal”

DS Kim, Amanda Cheng and Livy Lyu

Analysts at brokerage JP Morgan Securities (Asia Pacific)



Most Popular

  • Macau repeat visitors denied visa by China says BernsteinMacau repeat visitors denied visa by China says Bernstein May 16, 2022
  • Macau mulls GGR tax cut if casinos attract foreign playersMacau mulls GGR tax cut if casinos attract foreign players May 13, 2022
  • Macau GGR tax cut may spur 15pct EBITDA hike: JP MorganMacau GGR tax cut may spur 15pct EBITDA hike: JP Morgan May 16, 2022
  • Macau modifies satellite owner plan, rev share ban staysMacau modifies satellite owner plan, rev share ban stays May 13, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us