GGRAsia – Newsletter 5

Newsletter 5

Macau’s MGS casino trade show, organiser gain UFI status

May 11, 2017 Newsdesk Industry Talk, Latest News

MGS Entertainment Show – an annual trade exhibition and conference previously known as the Macao Gaming Show (MGS) – says it has recently been designated a ‘UFI Approved Event’. The fifth...

Local partners to be at heart of Japanese resort: MGM exec

May 10, 2017 Newsdesk Japan, Japan Gaming Congress, Latest News

U.S.-based casino operator MGM Resorts International is “committed to working hard” with local partners to develop a casino resort with unique features in Japan, said on Wednesday the firm’s...

Gaming supplier index winning streak continues in April

May 09, 2017 Newsdesk Industry Talk, Latest News

The AGEM Index, which tracks the stock performance of listed firms in the casino equipment supply sector, reached a record high in April. The composite index stood at 371.5 points at the close of...

JCM appoints Jade Ent as Philippines distributor

May 08, 2017 Newsdesk Industry Talk, Latest News, Philippines

Cash-handling technology and ticket printer supplier Japan Cash Machine Co Ltd, also known as JCM Global, has appointed Jade Entertainment and Gaming Technologies Inc as the firm’s distributor and...

SJM Cotai scheme opening delayed to 2H 2018: analysts

May 05, 2017 Newsdesk Latest News, Macau, Top of the deck

The management of Macau casino operator SJM Holdings Ltd said on a conference call with analysts on Thursday – following its first-quarter earnings results – that the opening of its...

TransAct net sales down in 1Q, profit up

May 04, 2017 Newsdesk Industry Talk, Latest News

Nasdaq-listed gaming industry supplier TransAct Technologies Inc reported a 2.5 percent year-on-year decline in net sales in the first quarter of 2017, to US$14.0 million. The firm however posted a...

Around 250 exhibitors to attend AGE 2017: organiser

May 03, 2017 Newsdesk Industry Talk, Latest News, Top of the deck

A total of 250 exhibitors are expected to attend the 2017 edition of the Australasian Gaming Expo (AGE), said the event’s organiser, the Gaming Technologies Association. The event will move to a...

Iao Kun gaming ops post US$215mln loss in full 2016

May 02, 2017 Newsdesk Latest News, Macau, Top of the deck

Iao Kun Group Holding Co Ltd reported a net loss of US$215.0 million for its gaming operations in full year 2016, the firm announced on Friday. That compared with net income of US$5.1 million for...

China, Philippines in joint op against online casinos

Apr 28, 2017 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck

A total of 99 suspects have been arrested in China and the Philippines on suspicion of involvement in organising online gambling. The detentions followed a joint operation by law enforcement...

Macau junket audits could hurt VIP sector liquidity: Nomura

Apr 27, 2017 Newsdesk Latest News, Macau, Top of the deck

Japanese brokerage Nomura says an ongoing audit programme of the credit issuance records for Macau’s licensed VIP gaming promoters could have a “negative impact” on the high roller segment. The...

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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...