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Daily News

Century Casinos acquires Vietnam casino operator US casino operator Century Casinos, Inc has announced the acquisition of a 51% stake in Hong Kong-listed Golden Hospitality Limited, which runs Vietnamese border casino Minh Chau. Completed via the company’s Austrian subsidiary Century Resorts Management GmbH for a total consideration of US$560,...
Thursday, 26 April 2018 06:16

Venetian Macao leads 17% Sands China growth in 1Q18 Las Vegas Sands saw its revenue increase by 16.7% to US$3.58 billion in the three months to 31 December 2018, including a 17% increase from its Macau operations to US$2.16 billion. Sands China Ltd saw strong growth across all Macau properties except Sands Macao, with the Venetian Macao and Sands Co...
Thursday, 26 April 2018 06:04

Wynn Resorts announces US$100 million Wynn Macau upgrade Wynn Resorts CEO Matt Maddox has announced that the company will spend US$100 million on upgrades to its original Macau integrated resort, Wynn Macau. Speaking during the Wynn Resorts 1Q18 earnings call on Wednesday, Maddox revealed his plans to heavily re-invest in the peninsula property, includin...
Thursday, 26 April 2018 05:32

G2E Asia Awards: Meet the Judges – Professor Davis Fong Professor Davis Fong is the Director of Institute for the Study of Commercial Gaming as well as an Associate Professor of International Integrated Resort Management Program at University of Macau. Professor Fong has been appointed by the Chief Executive of the Macao SAR Government as a member of the...
Wednesday, 25 April 2018 06:19

G2E Asia Awards: Meet the Judges – Dr Rui Cunha Rui Cunha, aged 76, has practiced law in Macau for 37 years, being founder and Senior Partner of “C&C Advogados” (a law office with headquarters in Macau and overseas offices in Lisbon, Timor and Cape Verde), a qualified Private Notary in Macau and one of the founders of the Macau Bar Associ...
Wednesday, 25 April 2018 06:17

Melco Resorts’ Philippines partner proposes City of Dreams Manila expansion   Philippines real estate investor Belle Corporation has submitted a proposal to its partner, Melco Resorts (Philippines), to expand City of Dreams Manila onto one hectare of vacant lands it holds adjacent to the Entertainment City precinct property. Belle Corp President Manuel Gana revealed his...
Wednesday, 25 April 2018 05:45

Rare positive for Wynn Resorts as Macau operations drive big 1Q18 gains The continued ramp-up of Wynn Palace in Cotai has led Wynn Resorts to a 20.5% increase in operating revenues to US$1.72 billion for 1Q18, up from US$1.42 billion 12 months earlier. Wynn Resorts booked year-on-year increases of US$213.5 million from Wynn Palace, US$65.5 million from Wynn Macau and...
Wednesday, 25 April 2018 05:23

The Stars Group completes Australian sports book acquisitions Canadian online poker giant The Stars Group has announced the successful completion of its acquisition of an additional 18% equity interest in Australian sportsbook CrownBet Holdings Pty Limited and CrownBet’s subsequent acquisition of William Hill Australia Holdings Pty Ltd. The acquisitions, fi...
Wednesday, 25 April 2018 05:16

Goa riverboats drive Delta Corp to 64% year-on-year gain Indian gaming giant Delta Corp reported net revenues of INR2.22 billion (US$33.4 million) in the three months to 31 March 2018, an increase of 64% year-on-year and 6% sequentially thanks to strong results from its floating casino operations. Income from the company’s casino operations grew 73% fr...
Wednesday, 25 April 2018 04:21

G2E Asia Awards: Meet the Judges – Kirsten Clark Kirsten Clark has extensive gaming industry executive management, public relations, marketing and strategic communications experience. In her role as Executive Director of the International Association of Gaming Advisors (IAGA), a 37-year-old non-profit association of senior executives representing ...
Tuesday, 24 April 2018 06:27

What's new

Silver Heritage sees second director depart as Richard Barker stands down

Silver Heritage sees second director depart as Richard Barker stands down Silver Heritage Group has lost another director with the company announcing that Richard Barker has resigned with immediate effect. In a filing to the Australian Securities Exchange, the company said that Barker had resigned to focus on other business interests, with a previous resolution pertainin... Wednesday, 23 May 2018 06:48

Queensland tourism official to fly to Macau, Las Vegas for operator talks

Queensland tourism official to fly to Macau, Las Vegas for operator talks Queensland Tourism officials will fly to Macau and Las Vegas from next week to meet with operators regarding potential integrated resort developments in the northern Australian state. According to a report by Australian television network Channel 9, a team led by Tourism Minister Kate Jones will si... Wednesday, 23 May 2018 06:44

Vietnam to slash tax incentives for casino developments in special economic zones

Vietnam to slash tax incentives for casino developments in special economic zones Vietnamese officials are contemplating cutting previously agreed tax incentives for casino operators in the country’s special economic zones (SEZs). The draft law for Vietnam’s SEZs is expected to be discussed during a session of the Standing Committee of the National Assembly following critici... Wednesday, 23 May 2018 06:23

Duterte fires two PAGCOR officials, threatens more

Duterte fires two PAGCOR officials, threatens more Philippines President Rodrigo Duterte has sacked two senior PAGCOR officials and promised to sack more for alleged abuse of power in the granting of gaming licenses. According to the Philippine Star, Duterte accused the officials of granting a license to a free port operator outside the scope of fr... Wednesday, 23 May 2018 05:46

Current Issue

Macau and Japan: Licensing looms large

Macau and Japan: Licensing looms large The next few years are set to be the most crucial period ever in the Asian gaming industry – one which will lay the ground rules for decades to come in the world’s largest gaming market and what’s set to become the world’s second largest. By Ben Blaschke and Andrew W Scott Macau and Japan ... Monday, 30 April 2018 12:39

Pachinko: Japan's Unlucky Loser

Pachinko: Japan's Unlucky Loser Japan’s preparations for integrated resorts are hitting pachinko harder than the actual casinos ever will. By Muhammad Cohen Japan won’t open its first integrated resort for years, if ever, but the IRs already have their first loser, the country’s unique and ubiquitous pachinko business. Pac... Monday, 30 April 2018 12:33

Responsible Gaming in Japan: Bill to be key to Japan’s Gaming Market

Responsible Gaming in Japan: Bill to be key to Japan’s Gaming Market Global Market Advisors’ Brendan D Bussman runs through the pros and cons of Japan’s problem gambling legislation. By Brendan D Bussmann As Japan continues to look at the development of integrated resorts (IR), many people engaged and following the market are focused on the IR Implementation Bi... Monday, 30 April 2018 12:28

Safety First

Safety First The International Association of Gaming Advisors (IAGA) will hold its 37th annual International Gaming Summit during G2E Asia from 14 to 16 May at Four Seasons Macao. Among the many insightful seminars and events that will comprise IAGA’s summit is a responsible gaming workshop to be held on Wedne... Monday, 30 April 2018 12:12