GGRAsia – Newsletter 2

Citi trims Macau Sept GGR forecast to US$2.2bln

Sep 19, 2024 Newsdesk Latest News, Macau, Top of the deck

Macau’s casino gross gaming revenue (GGR) for the first 15 days of September was estimated at MOP8.5 billion (US$1.06 billion), implying a daily run rate of about MOP536 million for the last seven...

Gaming-linked crime up 62pct y-o-y in 1H: Macau govt

Sep 16, 2024 Newsdesk Latest News, Macau, Top of the deck

Gaming-related crime cases rose by 61.8 percent year-on-year in Macau in the first six months of 2024, said a report issued on Monday by the Office of the Secretary for Security. There were a total...

Macau logs 217k visitors at the start of Mid-Autumn Festival

Sep 16, 2024 Newsdesk Latest News, Macau, Top of the deck

The tally of visitor arrivals to Macau over the weekend, marking the beginning of the Mid-Autumn Festival holiday break in mainland China, reached 217,816, according to data from Macau’s Public...

Macau snubs call for non-res worker quotas for casino biz

Sep 13, 2024 Newsdesk Latest News, Macau, Top of the deck

The Macau government says it would “not be appropriate to set strict quotas or restrictions” on the number of non-resident workers that can be hired by the city’s casino concessionaires. To...

Venetian Arena now the brand name, concert due for Dec 14

Sep 11, 2024 Newsdesk Latest News, Macau, Top of the deck

The concert and large-event venue at the Venetian Macao casino resort (pictured) has been branded as the “Venetian Arena” according to a Tuesday statement from the complex’s promoter, Sands...

Osaka flags 2-mth delay on MGM Osaka piling to aid Expo

Sep 10, 2024 Newsdesk Japan, Latest News, Top of the deck

The governor of Osaka prefecture said on Tuesday that piling work on the MGM Osaka integrated resort (IR) with casino will be put back by two months, so that the peak of noise disruption will be...

Singapore police probe ‘unlicensed’ FX activity at MBS

Sep 09, 2024 Newsdesk Latest News, Singapore, Top of the deck

A Singapore police operation at Marina Bay Sands (MBS) casino resort on Thursday and Friday resulted in the arrest of 14 people suspected of “unlicensed foreign currency exchange [FX] and...

MGM Osaka developer said to have waived ‘get-out’ clause

Sep 09, 2024 Newsdesk Japan, Latest News, Top of the deck

Osaka IR KK, the consortium behind the MGM Osaka integrated resort (IR) in Osaka, Japan, is said to have waived its right to terminate the implementation agreement to develop the complex. The...

Kangwon Land casino to get more gaming tables, machines

Sep 05, 2024 Newsdesk Latest News, Rest of Asia, Top of the deck

Kangwon Land Inc, operator of Kangwon Land (pictured) – a resort with the only casino in South Korea open to locals – says it has been authorised to increase the area of its gaming venue,...

Star Ent says working with advisers to tackle financial issues

Sep 05, 2024 Newsdesk Latest News, Top of the deck, World

Australian casino operator The Star Entertainment Group Ltd says it is working with “various” financial advisers to review its financial and liquidity position, as well to finalise its annual...