GGRAsia – Newsletter 5

Newsletter 5

AGEM Index marks 21st month of gains in June

Jul 07, 2017 Newsdesk Industry Talk, Latest News

The AGEM Index, which tracks the stock performance of listed firms in the casino equipment supply sector, reached another record high in June. The composite index stood at 421.95 points as of the end...

GLI acquires testing services firm NMi Gaming

Jul 06, 2017 Newsdesk Industry Talk, Latest News, World

Gaming-testing specialist and technical consultancy Gaming Laboratories International LLC (GLI) says it has acquired NMi Metrology and Gaming Ltd, also known as NMi Gaming. The latter company has...

Jimei Intl shareholders nod change to name

Jul 05, 2017 Newsdesk Industry Talk, Latest News, Macau

Hong Kong-listed junket investor Jimei International Entertainment Group Ltd is to change its name to Starlight Culture Entertainment Group Ltd, the company said in a filing. The name change has been...

Nomura lifts Macau 2017 GGR growth forecast to 15pct

Jul 04, 2017 Newsdesk Latest News, Macau, Top of the deck

Japanese brokerage Nomura is lifting its year-on-year growth estimates for 2017 Macau casino gross gaming revenue (GGR) after the market posted “solid second quarter” results. Casino gross gaming...

Philippine govt committed to sell Pagcor casinos: report

Jul 03, 2017 Newsdesk Latest News, Philippines, Top of the deck

The Philippines’ Finance Secretary Carlos G. Dominguez III said the government expects the country’s gaming regulator, the Philippine Amusement and Gaming Corp (Pagcor), to collect additional...

Paradise Ent to acquire Macau Lan Kwai Fong casino hotel

Jun 30, 2017 Newsdesk Latest News, Macau, Top of the deck

Hong Kong-listed Paradise Entertainment Ltd announced on Thursday that it has entered into a letter of intent with casino services firm China Star Entertainment Ltd to acquire the latter’s Lan Kwai...

Macau suspect gaming transactions up 24 pct in 2016

Jun 29, 2017 Newsdesk Latest News, Macau, Top of the deck

There were 2,321 suspicious transaction reports – also known as STRs – relating to financial dealings in Macau in 2016, up by 28.4 percent compared to the prior-year period, according to the...

Pagcor inspecting RWM before casino ops resumed: report

Jun 28, 2017 Newsdesk Latest News, Philippines, Top of the deck

The Philippine Amusement and Gaming Corp (Pagcor) has been inspecting the Resorts World Manila casino resort (pictured) before considering whether to lift the current suspension order on the...

Mainland China’s lottery sales grow 9pct in May

Jun 27, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck

Mainland China’s sales of official lottery products in May increased by 8.9 percent in year-on-year terms, according to data from the country’s Ministry of Finance. Total sales in May were...

SuzoHapp appoints Allen Ko for Asia Pacific cash handling biz

Jun 26, 2017 Newsdesk Industry Talk, Latest News

Gaming industry equipment supplier SuzoHapp Group has appointed Allen Ko (pictured) as vice president OEM – cash handling for the Asia-Pacific region, the firm said in a press release. Mr Ko...

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The most popular gambling games and slots in Asia, according to 1xBet

Aug 16, 2024

For global betting company 1xBet, Asia is a key market for several reasons. Firstly, it is the largest region in terms of population and density, home to about 5 billion people, or 60 percent of the world’s total. Secondly, Asia’s gambling entertainment history spans thousands of years, with...