GGRAsia – Newsletter 2

Newsletter 2

Macau visitor non-gaming spend up 17.5 pct in 2Q

Aug 18, 2017 Newsdesk Latest News, Macau, Top of the deck

The total spending – excluding gaming expenses – of visitors to Macau reached MOP13.75 billion (US$1.71 billion) in the second quarter of 2017, up by 17.5 percent compared to the prior-year...

Philippine casino demand outstrips supply: MS

Aug 17, 2017 Newsdesk Latest News, Philippines, Top of the deck

Potential cannibalisation of the Philippines casino market due to new supply of venue space is “not a concern” as of now, says a Thursday note from banking group Morgan Stanley. The institution...

Tigre de Cristal success good indicator for Primorye: govt

Aug 16, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

The head of tourism for Primorsky Krai in the Russian Far East says the success achieved so far by the Tigre de Cristal casino resort – the first scheme to open in a new gaming zone in the region...

Leisure and Resorts World Corp 2Q profit down 71 pct

Aug 15, 2017 Newsdesk Latest News, Philippines, Top of the deck

Philippines-based Leisure and Resorts World Corp – which has several interests in the land-based and online gambling sectors – reported group-wide revenue of PHP2.53 billion (US$49.4 million) for...

Travellers Intl swings to 2Q loss after RWM attack

Aug 14, 2017 Newsdesk Latest News, Philippines, Top of the deck

Travellers International Hotel Group Inc, operator of the Resorts World Manila (RWM) casino resort (pictured) in the Philippines capital, on Monday reported a net loss of PHP311.2 million (US$6.1...

Sands China to revamp VIP areas at Venetian, Plaza Macao

Aug 14, 2017 Newsdesk Latest News, Macau, Top of the deck

Macau casino operator Sands China Ltd will revamp the VIP gaming areas of some of its Cotai properties, the firm said in its half-year report published on Friday. The refurbishment works of the VIP...

Bloomberry 2Q profit up nearly 47pct

Aug 10, 2017 Newsdesk Latest News, Philippines, Top of the deck

Philippines-based casino operator Bloomberry Resorts Corp posted a consolidated net profit of PHP1.97 billion (US$38.9 million) for the second quarter of 2017, up 46.8 percent from the prior-year...

Waterfront Philippines to revamp Cebu, Manila casino hotels

Aug 09, 2017 Newsdesk Latest News, Philippines, Top of the deck

Waterfront Philippines Inc is to implement renovation programmes covering four properties, including the firm’s three casino hotel schemes. The company plans to spend an aggregate of PHP1.65...

Lower 2Q revenue leaves S.Korea’s Paradise Co in the red

Aug 08, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

South Korean casino operator Paradise Co Ltd on Tuesday reported a net loss of approximately KRW19.5 billion (US$17.3 million) for the three months ended June 30, compared to a net profit of KRW25.5...

Probe on Kazuo Okada’s dealings still ongoing: Universal

Aug 08, 2017 Newsdesk Japan, Latest News, Top of the deck

A special investigation committee set up by Japanese gaming conglomerate Universal Entertainment Corp to probe several dealings involving company founder Kazuo Okada (pictured) has yet to complete...

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Aristocrat aims to innovate and entertain

Aug 01, 2017

Sponsored content Aristocrat Leisure Ltd strives to lead the gaming industry in creating combinations of innovative cabinets and games that really entertain. Its game and cabinet creations are designed to help operators cater to all types of players and gaming floor segments. “Our global teams of...