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Asia Pioneer Entertainment commences trading on Hong Kong Stock Exchange Macau-based electronic gaming machine supplier Asia Pioneer Entertainment Holdings Limited (APE) has successfully commenced trading on the Hong Kong Stock Exchange following the completion of an initial public offering. APE announced that it had actively begun trading on the Growth Enterprise Marke...
Thursday, 16 November 2017 06:37

Macau’s MICE industry held back by mainland access difficulties The Chairman of MGS Entertainment Show organizer the Macau Gaming Equipment Manufacturers Association, Mr Jay Chun, says Macau’s MICE industry continues to be hampered by poor mainland China access. The comments were made during an interview with Inside Asian Gaming at the MGS Entertainment Show ...
Thursday, 16 November 2017 06:29

Macau government eyeing greater regulation of gaming industry The Macau government plans to place greater focus on regulation of the gaming industry in 2018, including enhancement of its legal framework and strengthening of supervision on security and diversification. The topic of regulation was a central topic of two key speeches on Tuesday with Macau Chief ...
Wednesday, 15 November 2017 06:58

Macau “already the World Center of Tourism,” says Suncity’s Alvin Chau The CEO of Macau’s biggest junket operator, Suncity Group, believes the government needs to worry less about what other jurisdictions are doing and focus more on maintaining Macau’s position as the global gaming leader, claiming the city is “already the World Center of Tourism.” His comment...
Wednesday, 15 November 2017 06:13

Quality, not quantity, the key for MGM Cotai: Pansy Ho MGM China Executive Director Pansy Ho says the company is “ready to submit” its application to the Macau government for the allocation of new to market gaming tables but believes quality, not quantity, will be the key to success when MGM Cotai opens its doors on 29 January 2018 Speaking to repo...
Wednesday, 15 November 2017 06:09

SJM aiming for high Cotai market share, still targeting 2018 launch SJM Holdings Executive Director and CEO, Dr Ambrose So, says the company is confident it can gain significant market share in Cotai despite being the last of Macau’s six concessionaire’s to establish a presence in the city’s new gaming hub. SJM will become the only license holder yet to open ...
Wednesday, 15 November 2017 06:05

IGT reports 3Q17 operating loss on North American unit Global gaming conglomerate IGT reported a net loss of US$804 million revenue for the three months to 30 September 2017, due primarily to a US$714 million non-cash impairment charge and US$118 million of net foreign exchange loss. Similarly, the company saw revenue fall 6% for the quarter to US$1.22...
Wednesday, 15 November 2017 06:02

Bloomberry land grab would hurt balance sheet but boost market value: Morgan Stanley A successful bid for the land on which its Solaire Resort & Casino sits would be a negative for owner and operator Bloomberry Resorts Corporation’s balance sheet, cash flow, net income and valuation – but it could drive the company’s market value to a premium. So say analysts at financial...
Tuesday, 14 November 2017 05:39

WSOP Europe, APT Manila crown Main Event champions The Asian Poker Tour crowned its newest Main Event champion on Monday with the UK’s Neil Raine taking full command of the final day to capture his first-ever APT Championship title at APT Manila 2017 held at the Winford Hotel & Casino. Raine overcame the 82-entry field to earn a first p...
Tuesday, 14 November 2017 05:05

Macau Grand Prix could dampen November revenue after strong start Macau’s gross gaming revenue for the first 12 days of November is tracking at around 28% higher than the same period last year but could be hurt by this weekend’s Macau Grand Prix which has historically dampened GGR, according to brokerage Sanford C Bernstein. In its weekly GGR update, Bernstei...
Tuesday, 14 November 2017 04:45

What's new

Galaxy announces plans for US$500 million Philippines resort

Galaxy announces plans for US$500 million Philippines resort Leading Macau concessionaire Galaxy Entertainment Group (GEG) has announced plans to build a US$300 million to US$500 million integrated resort on the island of Boracay in the Philippines. As reported by Bloomberg on Friday, GEG Deputy Chairman Francis Lui met with Philippines President Rodrigo Dut... Monday, 11 December 2017 06:09

G2E Asia wins Brand Exhibition Award for second year running

G2E Asia wins Brand Exhibition Award for second year running G2E Asia organizer Reed Exhibitions has announced that the leading Macau gaming trade show will receive the Brand Exhibition Award for the second year running at the 2017 Macao Convention and Exhibition Commendation Awards, to be held in Macau on Tuesday 12 December. The annual award recognizes and... Monday, 11 December 2017 05:37

Imperial Pacific grants Ji Xiaobo three-year extension as Saipan Project Director

Imperial Pacific grants Ji Xiaobo three-year extension as Saipan Project Director Imperial Pacific International Holdings has announced that it has extended the contract of Saipan Project Director Ji Xiaobo for another three years until the end of 2020. Ji, who came in at number 29 on Inside Asian Gaming’s 2017 Asian Gaming Power 50 list released last week, is the son of Ms Cu... Monday, 11 December 2017 05:23

All Japan Poker Championship launches new poker tour across Asia

All Japan Poker Championship launches new poker tour across Asia The All Japan Poker Championship (AJPC), an organization hosting poker tournaments in Japan, has announced the launch of a new international poker tour with the aim of “developing one of the largest circuits in Asia.” The AJPC Asian Circuit will kick off in Korea this week with its first ever e... Monday, 11 December 2017 04:59

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