Scientific Game

Daily News

Philippine government eyes new body to oversee Pagcor casino sales The Philippine government is considering creating a new body comprising members of key departments to oversee the sale of Pagcor casinos. According to Finance Secretary Carlos Dominguez, the body would comprise representatives from the Office of the President, the Department of Finance, the Departm...
Tuesday, 28 November 2017 04:31

Chow Tai Fook close to finalizing US$4.2 billion Baha Mar IR deal The sale of US$4.2 billion Bahamas IR Baha Mar to Hong Kong-listed casino investor Chow Tai Fook Enterprises (CTFE) is almost complete, with only some minor details yet to be finalized according to Attorney-General Carl Bethel. Speaking to local media outlet The Tribune last week as the casino reso...
Monday, 27 November 2017 07:14

Success Dragon ceases operations at The Landmark Macau as gaming loss widens Hong Kong-listed gaming service provider Success Dragon International Holdings Ltd says it has ceased operations at The Landmark Macau due to higher operating costs and worsening performance of the property. The news formed part of the company’s interim financial results for the six months to 30 ...
Monday, 27 November 2017 06:39

Queensland politicians vow to block NagaCorp casino move Politicians have vowed to block any moves by the local council to approve construction of a casino on Queensland’s Sunshine Coast holiday strip following revelations that councillers met with representatives of NagaCorp earlier this month. As reported by the Sunshine Coast Daily, members of the L...
Monday, 27 November 2017 06:39

Scientific Games lifts NYX ownership to 36% amid takeover moves Scientific Games Corporation has announced the acquisition of almost 27.4 million ordinary shares of NYX Gaming Group Limited, boosting its stake in the company from 10.72% to 36.01% as its plan to assume ownership takes shape. Scientific Games announced in September that it had reached a deal with...
Monday, 27 November 2017 06:36

Cebu City Council endorses new US$356 million IR The Cebu City Council has approved a resolution endorsing to Pagcor an application by Universal Hotels and Resorts Inc to build an integrated resort on Kawit Island. As reported by a number of local Philippine media outlets, councilers voted in favor of endorsing the project by a margin of 7-5 afte...
Friday, 24 November 2017 07:21

Genting increases mass market focus as 3Q17 gaming revenue edges north Genting Berhad has reaffirmed its intention to reposition the company’s flagship Resorts World Genting (RWG) and Resorts World Sentosa (RWS) properties as mass market lifestyle brands after both recorded strong results in the mass segment in 3Q17. Group-wide revenue for the three months to 30 Sep...
Friday, 24 November 2017 06:49

Macau October visitation numbers enjoy strong rise Macau saw the total number of visitors surge 7.9% year-on-year and 16.2% sequentially in October thanks largely to the National Day and Mid-Autumn Festival holidays, according to information from the Statistics and Census Service (DSEC). A total of 2,888,716 people entered Macau including 1,471,03...
Friday, 24 November 2017 06:01

VIP revamp gaining traction but legal battle looms for Donaco Donaco International Limited says its revamped VIP business at flagship casino Star Vegas in Cambodia has increased 10-fold over the past four months following the decision earlier this year to terminate a junket deal with Macau’s Heng Sheng Group and go it alone. But efforts to take gaming opera...
Thursday, 23 November 2017 22:44

Scientific Games and NYX Gaming enter into conditional contractual takeover agreement Digital gaming provider NYX Gaming Group Limited has entered into a first amendment to the arrangement agreement between the company and global gaming giant Scientific Games Corporation following the announcement in September that it would be acquired by Scientific Games. Under the amendment, NYX a...
Thursday, 23 November 2017 07:23

What's new

MGM Cotai, Imperial Pacific Resort race to meet 2018 launch dates

MGM Cotai, Imperial Pacific Resort race to meet 2018 launch dates MGM China CEO and Executive Director Grant Bowie says the company is confident its new US$3.4 billion Macau integrated resort, MGM Cotai, will be ready to open by 29 January despite having yet to receive license approvals. Speaking to Macau government broadcaster TDM, Bowie said that MGM China was... Tuesday, 12 December 2017 06:10

Macau seeks measures for removal from EU list of “non-cooperative” taxation jurisdictions

Macau seeks measures for removal from EU list of “non-cooperative” taxation jurisdictions The Macau government says it is “maintaining close contact” with mainland China authorities on the adoption of the Convention on Mutual Administrative Assistance in Tax Matters – an initiative of the Organization for Economic Co-operation and Development (OECD) it believes would be helpful in ... Tuesday, 12 December 2017 05:53

Property developer unveils AU$150 million plan for Townsville casino surrounds

Property developer unveils AU$150 million plan for Townsville casino surrounds A local property developer has unveiled plans to build an AU$150 million resort surrounding Queensland’s The Ville casino in Townsville, which he describes as “the best site of any casino in Australia.” The concept plans were designed by specialist resort planners Gary Hunt Architects and Pur... Tuesday, 12 December 2017 05:25

Macau gaming lawyers receive global acclaim

Macau gaming lawyers receive global acclaim Two of Macau’s most highly credentialed gaming lawyers have been named in the 2018 Chambers and Partners 2018 Asia Pacific rankings – an annual list of the world’s top lawyers and law firms in their respective areas. MdME’s Rui Pinto Proença and Bruno Nunes from BN Lawyers were among just ... Tuesday, 12 December 2017 04:52

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