Scientific Game

Daily News

Chinese-themed Las Vegas casino has foreclosure auction delayed A foreclosure auction for halted Las Vegas casino Lucky Dragon has been postponed until 22 February, the Las Vegas Review-Journal is reporting. A crowd of around 30 people were informed by an auctioneer on Tuesday that the auction would be delayed. She did not provide a reason. Lucky Dragon, the f...
Thursday, 08 February 2018 04:40

Wynn Macau announces board reshuffle after Steve Wynn exit Wynn Resorts (Macau) SA, the Macau subsidiary of Wynn Resorts Ltd, has announced a board reshuffle that will see Wynn Resorts boss Matthew Maddox become CEO and Dr Allan Zeman appointed Non-executive Chairman following the resignation of founder Steve Wynn yesterday. As part of the newly arranged ...
Thursday, 08 February 2018 04:16

Pagcor freezes new casino license approvals in the Philippines Philippines gaming regulator Pagcor has announced a moratorium on new casino licenses nationwide following a direct order from President Rodrigo Duterte. According to a report in the Inquirer, only applications received before 13 January 2018 to build new casinos in the Philippines will be consider...
Thursday, 08 February 2018 04:13

Ainsworth-Novomatic joint platform still 12 months away The CEO of global gaming giant Novomatic says it will still be at least another 12 months before the Austrian company fully integrates with Asia-Pacific slot machine manufacturer Ainsworth Game Technologies. Speaking at a special press event at ICE Totally Gaming in London this week, Harald Neumann...
Wednesday, 07 February 2018 23:53

Wynn Resorts founder Steve Wynn resigns as CEO after sexual misconduct allegations By Andrew W Scott       - Current President Matt Maddox appointed new CEO      - Company Director Boone Wayson appointed Chairman      - Wynn made decision alone: “I cannot continue to be effective in my current roles”      - Company name remains unchanged...
Wednesday, 07 February 2018 13:43

Scientific Games launches new SG Digital division at ICE Global gaming giant Scientific Games Corporation has unveiled a brand new division, SG Digital, at ICE London, incorporating the existing portfolio of SG Interactive B2B products and services with those of newly acquired NYX Gaming Group. The new division – complete with its own separate and subs...
Wednesday, 07 February 2018 06:05

NagaCorp gaming revenue grows 85% in 2017 Hong Kong-listed casino operator NagaCorp has seen gross gaming revenue at its Cambodian integrated resort NagaWorld grow 85% to US$926 million in 2017, bolstered by a 177% increase in VIP revenue to US$625.3 million. NagaWorld saw VIP rolling chip grow 142% for the 12 months to 31 December 2017, r...
Wednesday, 07 February 2018 05:54

Macau junket Meg-Star announces new corporate branding Macau junket promoter Meg-Star International has launched its new brand image, Meg-Star Group, which the company says reflects its increasingly diversified range of services. The new branding was introduced at a special charity night and reunion gala dinner at Sheraton Grand Macao Hotel, Cotai Cent...
Wednesday, 07 February 2018 05:17

Former SJM executive Andrew Billany joins Mohegan Sun’s Inspire US casino operator Mohegan Sun has announced former SJM Senior Vice President of Operations Andrew Billany as the new Chief Operating Officer of its South Korean integrated resort Inspire. News of the appointment formed part of Mohegan Sun’s first quarter fiscal 2018 earnings call and comes after...
Wednesday, 07 February 2018 04:06

MGM Cotai announces 13 February opening date MGM China has announced that it will hold its long-awaited grand opening on Tuesday 13 February. In a press release, the company confirmed that it would hold a series of events over two days “to introduce Asia’s most innovative integrated resort, featuring Spectacle and MGM Theater at Cotai, ...
Tuesday, 06 February 2018 13:24

What's new

Okada Manila delays, Wynn Resorts litigation lead to Universal profit slump

Okada Manila delays, Wynn Resorts litigation lead to Universal profit slump Japan’s Universal Entertainment Corporation has recorded a net loss of ¥13.43 billion (US$125.4 million) for the nine months to 31 December 2017, a significant decline from its previously announced forecast due to construction expenses at Okada Manila, sluggish pachinko and pachislot sales and on... Thursday, 15 February 2018 06:48

Kenneth Rosevear retires from MGM China board

Kenneth Rosevear retires from MGM China board MGM China has announced the resignation of Kenneth Rosevear as a non-Executive Director. Rosevear steps down from the role just a day after the launch of the company’s new Macau integrated resort, MGM Cotai, which opened with a lavish ceremony on Tuesday. MGM said that Rosevear’s departure was... Thursday, 15 February 2018 06:47

Parisian Macao hits five billion social media impressions

Parisian Macao hits five billion social media impressions Sands China’s newest Macau integrated resort, The Parisian Macao, has attracted more than five billion impressions since opening in September 2016. The milestone was revealed by Chairman and CEO Sheldon Adelson in a filing to the Hong Kong Stock Exchange overnight outlining Sands China’s finan... Thursday, 15 February 2018 06:27

Sega Sammy shares sale sees shuffle of stakeholders

Sega Sammy shares sale sees shuffle of stakeholders Sega Sammy Holdings Inc’s Chairman, CEO and largest shareholder, Hajime Satomi, has sold off 74% of his stake in the company to an asset management firm controlled by he and his family. The sale of 23,558,000 shares to HS Company represents 10.12% of Sega Sammy’s issued share capital and has re... Thursday, 15 February 2018 06:02

Current Issue

Design For Profit

Design For Profit Architect Paul Steelman provides his insights into designing the most expensive privately funded buildings on earth and making and breaking trends. By Muhammad Cohen | Editor-at-Large EMINENT casino architect Paul Steelman helped create the Asian gaming boom with the groundbreaking design of Sands... Monday, 29 January 2018 15:11

Climbing the mountain

Climbing the mountain   ASX-listed Silver Heritage Group finally launched hotel and casino operations at its new Tiger Palace Resort Bhairahawa in late 2017, having survived the 2015 earthquake, a fuel blockade on the Nepal-India border and an AU$19 million (US$14.4 million) funding shortage as a result of the delays. ... Monday, 29 January 2018 15:07

Can sportsbooks survive a 1% tax on handle?

Can sportsbooks survive a 1% tax on handle?   The big news coming out of the United States this year is the likely striking down of the federal ban on sports betting. But with many states licking their lips in anticipation of added tax dollars, the sports betting industry may well have another crippling fight on its hands. THE US Supreme C... Monday, 29 January 2018 15:05

Herman Ng:Macau Pioneer

Herman Ng:Macau Pioneer Inside Asian Gaming discovers a bit more about Herman Ng, CEO and Executive Director of Macau-based slot machine services firm Asia Pioneer Entertainment (APE). Ben Blaschke: Can you start by telling us a bit about yourself and your background? Herman Ng: I grew up in Macau and then when I was 16 ... Monday, 29 January 2018 14:52