GGRAsia – Newsletter 2

Macau recovery to be policy driven: Union Gaming

Oct 14, 2015 Newsdesk Latest News, Macau, Top of the deck

Union Gaming Securities Asia Ltd said it is revising downward its outlook for Macau’s gaming industry, forecasting a 33 percent decline in gross gaming revenue (GGR) for full year 2015. The...

More gaming tables could spell trouble for Macau: Daiwa

Oct 13, 2015 Newsdesk Latest News, Macau, Top of the deck

Higher numbers of new-to-market gaming tables could be “incremental negative” for Macau’s casino industry, as it could intensify competition in the sector, suggests a note from Daiwa...

Marketing casinos to the Macau masses: Galaxy CMO

Oct 12, 2015 Newsdesk Interviews, Latest News

Macau’s gambling downturn – especially in the VIP gambling segment – offers fresh opportunities to casino marketing teams, a senior industry executive says. In a wide-ranging conversation with...

Golden Week GGR topped US$800 million: report

Oct 09, 2015 Newsdesk Latest News, Macau, Top of the deck

Casino gross gaming revenue (GGR) in Macau reached MOP6.4 billion (US$801.7 million) in the first seven days of October, the period of China’s Golden Week holiday marking National Day, according to...

Tigre de Cristal soft launch as scheduled

Oct 08, 2015 Newsdesk Latest News, Rest of Asia, Top of the deck

Tigre de Cristal, gaming entrepreneur Lawrence Ho Yau Lung’s casino market play in the Russian Far East, was holding its soft opening on Thursday as planned, a senior executive of the majority...

GEN Malaysia’s Resorts World Birmingham open Oct 21

Oct 07, 2015 Newsdesk Latest News, Top of the deck, World

The first phase of Resorts World Birmingham – a casino resort being developed by Genting UK Plc at Birmingham’s National Exhibition Centre in the English Midlands – will open on October 21,...

Relaxation of table cap in Macau a possibility: DB

Oct 06, 2015 Newsdesk Latest News, Macau, Top of the deck

One potential policy to support Macau’s gaming industry might be “a slight relaxation of [the] table cap for new casinos with lots of non-gaming” elements, says a note from Karen Tang of...

Stormy Sunday dampens Golden Week visitor tally

Oct 05, 2015 Newsdesk Latest News, Macau, Top of the deck

The number of visitors to Macau on October 4 – part of October’s so-called Golden Week holiday period in China – fell 20.3 percent from the equivalent date last year (which had been a...

NagaCorp’s gaming revenue up 58 pct in 3Q

Oct 02, 2015 Newsdesk Latest News, Rest of Asia, Top of the deck

Cambodia casino operator NagaCorp Ltd said gross gaming revenue (GGR) at its Phnom Penh gaming resort NagaWorld (pictured) rose by 47 percent year-on-year to US$399.9 million in the nine months to...

TransAct teams Epicentral with Aristocrat’s Oasis 360

Sep 30, 2015 Newsdesk Latest News, Trends & Tech

Slot machine printer specialist TransAct Technologies Inc says it has an agreement to integrate its Epicentral voucher promotion software for casino floors with Aristocrat Technologies Inc’s...