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Daily News

Macau VIP drives Melco’s 19% 3Q17 revenue rise Melco Resorts & Entertainment Limited has booked a 19% year-on-year increase in revenue for the third quarter of 2017 to US$1.38 billion, due primarily to improved VIP at its flagship Macau property City of Dreams and the introduction of VIP at Studio City. On a US GAAP basis, operating income...
Friday, 03 November 2017 05:05

Galaxy Entertainment Group becomes first Macau hotel group to offer WeChat Pay Galaxy Entertainment Group (GEG) has become the first hospitality and entertainment group in Macau to accept WeChat Pay throughout its properties. Announcing a new partnership with WeChat and ICBC (Macau), Galaxy will commence with offering WeChat Pay at 136 outlets across its three Macau propertie...
Friday, 03 November 2017 04:23
China lottery provider 500.com replaces Chairman Chinese online sports lottery provider 500.com has announced that its Chairman, Lian Qi, has stepped down from the board effective from 1 November 2017, replaced by Yonghong Zhang. Mr Zhang, who will now chair the board as well as joining the Compensation Committee and chairing the Strategy Committ...
Friday, 03 November 2017 04:09

Scientific Games announces improved third quarter results Global gaming giant Scientific Games Corporation reported a 7% increase in revenue for the three months to 30 September 2017 to US$768.9 million, driven by growth in each of its gaming, lottery and interactive segments. Operating income for the quarter increased 170% to US$90.6 million from US$3...
Friday, 03 November 2017 04:07

Macau October GGR surprises with 22.1% surge Macau’s gross gaming revenue saw a 22.1% year-on-year increase in October to MOP$26.6 billion – the highest monthly amount in exactly three years and well above estimates of growth in the low-teens. Buoyed by a strong finish to Golden Week at the start of the month, Macau’s operators enjoyed ...
Thursday, 02 November 2017 09:00

Australasian Gaming Expo named Exhibition Awards finalist The Exhibition and Event Association of Australasia (EEAA) has named the 2017 Australasian Gaming Expo as a finalist in the Best Industry Association Event category at its premier annual awards. Following a competitive assessment process, the AGE was shortlisted by an esteemed panel of 39 internat...
Wednesday, 01 November 2017 06:28

Pagcor cashes in on Philippines gaming surge Philippine regulator Pagcor saw an 11.2% increase in gross income from gaming operations for the first nine months of 2017, raking in Php42.38 billion before contributions and expenses. Pagcor banked Php4.36 billion in net income, up 36.3% from the same period in 2016 and defying earlier prediction...
Wednesday, 01 November 2017 06:17

New Macau currency declaration protocol officially in force A new currency declaration protocol for passengers arriving or departing Macau comes into force on Wednesday, requiring anyone carrying MOP$120,000 or more to report it to authorities. The “Control of Cross-Boundary Transport of Currency and Bearer Negotiable Instruments (CBNIs)” law, which als...
Tuesday, 31 October 2017 21:35

SJM assessing its Cotai construction schedule as 3Q17 results fall short Macau concessionaire SJM Holdings Ltd says it is in the process of conducting a detailed assessment of the construction schedule for its HK$36 billion integrated resort, Grand Lisboa Palace, amid growing concerns its opening will be delayed until 2019. For now the company is still holding out hope ...
Tuesday, 31 October 2017 21:25

Imperial Pacific to fight back after wind up petition filed International consultancy and construction firm Mace Limited has petitioned the High Court of Hong Kong to wind up casino developer Imperial Pacific International (IPI) after it allegedly defaulted on paying construction management fees worth HK$2.6 million. But it doesn’t look like the matter wi...
Tuesday, 31 October 2017 17:00

What's new

Australian gaming shake-up looms as Tasmanian party vows to ban slot machines from state pubs and clubs

Australian gaming shake-up looms as Tasmanian party vows to ban slot machines from state pubs and clubs Australia’s gaming landscape could be set for a major shift with Tasmania’s opposition party announcing it would ban slot machines from pubs and clubs in the Australian state if it wins next year’s state election. In a shock announcement on Wednesday, Tasmanian Labor leader Rebecca White said... Thursday, 14 December 2017 06:07

Aristocrat names new Chief Financial Officer

Aristocrat names new Chief Financial Officer Aristocrat Leisure Limited has announced Julie Cameron-Doe as the company’s new Chief Financial Officer (Elect), subject to regulatory approvals. Cameron-Doe replaces Toni Korsanos, who recently announced her departure and will join the board of Crown Resorts. In a filing to the Australian Securi... Thursday, 14 December 2017 05:40

Marina Bay Sands tops list of world’s most Instagrammed hotels

Marina Bay Sands tops list of world’s most Instagrammed hotels Singapore’s Marina Bay Sands has been revealed as the most Instagrammed hotel in the world. The iconic hotel topped the official list unveiled by Instagram last week, with the more than one million images uploaded enough to beat out other globally recognized landmarks such as the Bellagio and Ven... Thursday, 14 December 2017 05:28

Japan Gaming Congress announces 2018 dates

Japan Gaming Congress announces 2018 dates The dates of the 2018 Japan Gaming Congress (JgC) have been confirmed, with the conference set to be held at Conrad Tokyo on 10 and 11 May 2018. The JgC returns for a third time after a hugely successful 2017 which was buoyed by the passing of the IR Promotion Bill last December. With the gambling ... Thursday, 14 December 2017 05:04

Current Issue

2017 Inside Asian Gaming Power 50: Meet the Selection Panel

2017 Inside Asian Gaming Power 50: Meet the Selection Panel Andrew W Scott CEOInside Asian Gaming Inside Asian Gaming’s CEO first entered a casino in 1986, fell in love with the surrounds and has been around them ever since. Andrew founded World Gaming Group and launched WGM in 2009, took over IAG in 2015, debuted a third magazine called High Life in ... Tuesday, 05 December 2017 19:28

2017 Inside Asian Gaming Power 50: Ten Years On

2017 Inside Asian Gaming Power 50: Ten Years On A decade of making the Asian Gaming Power 50 By Andrew W ScottIAG Asian Gaming Power 50 selection panel Chairman EVERY year for the last decade, Inside Asian Gaming has completed a task that is fascinating, exhilarating, intellectually stimulating and industry-defining whilst simultaneously bei... Tuesday, 05 December 2017 19:12

2017 Inside Asian Gaming Power 50: Number 19 -  James Murren

2017 Inside Asian Gaming Power 50: Number 19 - James Murren 19 James Murren CHAIRPERSON AND EXECUTIVE DIRECTORMGM China Holdings POWER SCORE1,165 LAST YEAR12 CLAIMS TO FAME • Chairman of the world’s second largest casino company • Credited with keeping MGM Resorts afloat during the GFC If the strong domestic results achieved by MGM China’s pa... Tuesday, 05 December 2017 14:44

2017 Inside Asian Gaming Power 50: Number 18 - Chen Lip Keong

2017 Inside Asian Gaming Power 50: Number 18 - Chen Lip Keong 18 Chen Lip Keong CEO AND EXECUTIVE DIRECTORNagaCorp POWER SCORE1,234 LAST YEAR20 CLAIMS TO FAME • Casino monopoly within 200 kilometers of Phnom Penh runs to 2035, license to 2065. • Owns 65% of first gaming company ever listed in Hong Kong • NagaWorld extension Naga2 debuted in Novemb... Tuesday, 05 December 2017 14:39