GGRAsia – Newsletter 4

Macau satellite profit model still in doubt: industry

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

The Macau government’s decision to drop a condition that the gaming areas of so-called satellite casino hotels in the city must in future be owned by any one of the casino concessionaires, is a...

Business as usual says Okada Manila op as it fights founder

May 13, 2022 Newsdesk Latest News, Philippines, Top of the deck

Tiger Resort, Leisure and Entertainment Inc (TRLEI), controller of the Okada Manila casino resort (pictured) in the Philippine capital, says it is “business as usual” at the property, as it...

No extension of deadline for appeal in AAEC suit vs LVS

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

Macau’s Court of First Instance has rejected a request filed by Asian American Entertainment Corp (AAEC) for a 30-day extension of the deadline for the firm to file an appeal regarding a court...

Philippines 1Q casino GGR up 15pct q-o-q to US$627mln

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

The Philippine casino sector produced gross gaming revenue (GGR) of PHP32.75 billion (US$626.9 million) in the three months to March 31, up by 14.8 percent from the previous quarter. The tally rose...

Japanese back to S. Korea good for Paradise Co: broker

May 10, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck

Paradise Co Ltd is likely to be the South Korean casino operator to benefit the most from an anticipated return of Japanese tourists to the country. That is according to a note from Seoul-based...

MBS gets platinum sustainability rating via intl events body

May 09, 2022 Newsdesk Latest News, Singapore, Top of the deck

The Marina Bay Sands (MBS) casino resort in Singapore said in a press release it had achieved ‘platinum’ certification under the Events Industry Council (EIC) Sustainable Event Standards for...

MDX shuffler, Blazing 7s Blackjack refresh L&W offer in Asia

May 09, 2022 Newsdesk Latest News, Trends & Tech

Some of the latest key developments in Light & Wonder (L&W) Inc’s table games and utilities segment are the MDX multi-deck electronic shuffler (pictured), and the Blazing 7s Blackjack...

Singapore air travel volume 40pct of pre-Covid in April

May 05, 2022 Newsdesk Latest News, Singapore, Top of the deck

Air passenger volume at Singapore Changi Airport (pictured in a file photo) rose from about 18 percent of pre-Covid 19 levels in March, to nearly 40 percent of pre-pandemic business in April, said...

Former The 13 Hotel backer gets one more liquidator

May 05, 2022 Newsdesk Latest News, Macau

South Shore Holdings Ltd, a company once associated with The 13 Hotel project (pictured) in Macau – that for a while was also linked to a possible casino on that site – has had a third joint...

Spectra outdoor show back at MBS after more than 2 years

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

Spectra, an outdoor light show and water display (pictured in a file image) presented by the Marina Bay Sands (MBS) casino resort in Singapore, has returned as a nightly event after more than a...