Scientific Game

Daily News

Cebu City to move forward with casino resort plan A Cebu City government official told local media on Monday that a proposed Php18 billion (US$356 million) integrated resort would proceed with its upcoming ground-breaking ceremony this Saturday in defiance of President Rodrigo Duterte’s apparent ban on new casinos. The IR, to be built on Kawit I...
Tuesday, 21 August 2018 06:08

Success Universe issues positive profit alert Macau casino investor Success Universe has issued a positive profit alert ahead of its 1H18 results announcement next week. The group said late Monday that it expects to record an unaudited consolidated profit for the six months to 30 June compared with a loss for the same period last year. The pro...
Tuesday, 21 August 2018 05:49

Another key departure as Cai Lingli steps down from Imperial Pacific board Imperial Pacific International (IPI) has lost its second key board member in the space of a week with Cai Lingli – a relative of majority owner Cui Li Jie – stepping down as a director of the company and chairperson of the executive committee. Her departure comes just seven days after Marco Te...
Tuesday, 21 August 2018 05:23

Melco Resorts confirms Studio City IPO plans in motion Melco Resorts & Entertainment has confirmed that it is continuing preparations to launch an Initial Public Offering of shares in Studio City International Holdings – the holding company for its Studio City integrated resort in Macau. Updating the company’s intentions almost exactly a year s...
Tuesday, 21 August 2018 04:56

Macau gaming tax slows through July but still soaring in 2018 The Macau government saw its direct gaming tax revenue rise 18.1% year-on-year through the first seven months of 2018 to MOP$65 billion, according to latest numbers released by the Financial Services Bureau. The increase includes a 9.6% increase in gaming tax revenue in July to MOP$11.21 billion, r...
Monday, 20 August 2018 17:45

Landing denies starting Manila IR construction but 2022 opening date remains Landing International Development Ltd has denied reports it has already begun construction work on its proposed US$1.5 billion Philippines integrated resort, but the company says it is still aiming to open by 2022. In a written statement sent to Inside Asian Gaming on Monday, a Landing spokesperson...
Monday, 20 August 2018 14:46

Sands China supporting Old District revitalization Sands China Ltd has thrown its support behind the Old District Revitalization Series – Rua de Cinco de Outubro, which aims to help rebuild parts of Macau in the wake of last year’s devastating Typhoon Hato. Organised by the Macao Association for Promoting Community Economic Development, the in...
Monday, 20 August 2018 07:02

Construction on Landing’s Manila IR underway despite Duterte opposition Landing International Development Ltd has reportedly begun construction work on its proposed US$1.5 billion integrated resort in Manila, defying President Rodrigo Duterte’s claim that no new Philippines casinos would be allowed under his watch. According to the Philippine Star, earthmoving on the...
Monday, 20 August 2018 06:55

Suncity Group 1H18 losses set to increase significantly Macau junket operator Suncity Group Holdings Limited has issued a negative profit warning for the six months ended 30 June 2018, stating it expects to record a significant increase in its loss attributable to owners of the company when compared to 2017 numbers. In a filing to the Hong Kong Stock Ex...
Monday, 20 August 2018 06:27

Craig Billings joins Wynn Macau board Wynn Resorts CFO and Treasurer Craig Billings has been appointed as a new non-executive director of Wynn Macau. Billings, who joined the company in April 2017, replaces Kim Sinatra on the board after the former Wynn Resorts Executive VP, General Counsel and Secretary stepped down in July. The 45-ye...
Monday, 20 August 2018 06:02

What's new

Cebu City to move forward with casino resort plan

Cebu City to move forward with casino resort plan A Cebu City government official told local media on Monday that a proposed Php18 billion (US$356 million) integrated resort would proceed with its upcoming ground-breaking ceremony this Saturday in defiance of President Rodrigo Duterte’s apparent ban on new casinos. The IR, to be built on Kawit I... Tuesday, 21 August 2018 06:08

Success Universe issues positive profit alert

Success Universe issues positive profit alert Macau casino investor Success Universe has issued a positive profit alert ahead of its 1H18 results announcement next week. The group said late Monday that it expects to record an unaudited consolidated profit for the six months to 30 June compared with a loss for the same period last year. The pro... Tuesday, 21 August 2018 05:49

Another key departure as Cai Lingli steps down from Imperial Pacific board

Another key departure as Cai Lingli steps down from Imperial Pacific board Imperial Pacific International (IPI) has lost its second key board member in the space of a week with Cai Lingli – a relative of majority owner Cui Li Jie – stepping down as a director of the company and chairperson of the executive committee. Her departure comes just seven days after Marco Te... Tuesday, 21 August 2018 05:23

Melco Resorts confirms Studio City IPO plans in motion

Melco Resorts confirms Studio City IPO plans in motion Melco Resorts & Entertainment has confirmed that it is continuing preparations to launch an Initial Public Offering of shares in Studio City International Holdings – the holding company for its Studio City integrated resort in Macau. Updating the company’s intentions almost exactly a year s... Tuesday, 21 August 2018 04:56

Current Issue

OZ VIP: A new dawn

OZ VIP: A new dawn It has taken just 12 months for Australia’s VIP turnover to rebound following the arrests of 19 Crown Resorts employees in China in October 2016, but the balance of power between Australian operators has shifted dramatically in the process. By Ben Blaschke   Just 12 months after the release of... Sunday, 29 July 2018 22:32

Waiting for Garapan

Waiting for Garapan Imperial Pacific says it will miss another deadline for completing its Saipan casino hotel, and there’s no consensus on a completion date. Meanwhile, VIP roll and trade receivable numbers soar. By Muhammad Cohen   Imperial Pacific International continues to excel at manythings. Its monopoly ca... Sunday, 29 July 2018 22:27

License to thrill: How casino re-tendering will shape Macau’s future

License to thrill: How casino re-tendering will shape Macau’s future Professor Glenn McCartney takes a look at the impending Macau casino re-tendering process and why the government’s criteria for issuing licenses will shape the city’s tourism future. By Professor Glenn McCartney   Macau’s casino concession and sub-concession contracts will all end in a few... Sunday, 29 July 2018 22:21

Making live online gaming a reality

Making live online gaming a reality Latency has long been the ultimate challenge for online gaming operators in their quest to provide a quality product, but a new open framework technology could prove to be a game-changer. By Jaheer Abbas | Senior Director, SEA & India at Limelight Networks   It’s hard to imagine that onlin... Sunday, 29 July 2018 22:09