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Daily News

DICJ completes first casino attack drill at Galaxy Macau’s Gaming Inspection and Coordination Bureau (DICJ) has confirmed the successful completion of the first ever large-scale, joint contingency drill to be held in one of the city’s casino, stating that it had achieved the government’s goals “of testing such measures and testing the commun...
Wednesday, 24 January 2018 05:23

VizExplorer announces analytics partnership with London’s Les Ambassadeurs Club Gaming industry intelligence solutions provider VizExplorer has announced a new agreement with London high roller casino Les Ambassadeurs Club. The new partnership will see VizExplorer install its bundled solution for international gaming operators includes elements of floorViz for gaming floor opt...
Tuesday, 23 January 2018 06:51

Operators of closed Macau hotel and casino must pay MOP$25 million, court rules Macau’s Court of First Instance has ordered the former operators of Beijing Imperial Palace Hotel and its casino Greek Mythology, as well as four members of the board, to pay fines totaling MOP$4.43 million and compensation of more than MOP$20 million for violating labor laws. In an announcement...
Tuesday, 23 January 2018 06:44

Strong January start sees Macau GGR eyeing 27% year-on-year increase Macau’s gross gaming revenue is on track to record an increase of between 26% and 27% in January after a stronger than expected start to the month, according to analysts at brokerage Sanford C Bernstein. “Partly helped by high hold,” Bernstein said that their weekly channel check indicates gr...
Tuesday, 23 January 2018 06:09

MGM Cotai completes induction activities for 5,000 staff MGM China says it has completed a series of induction activities for its more than 5,000 staff members ahead of the opening of its new Macau integrated resort, MGM Cotai, next Monday 29 January. Spruiking the property’s focus on technology and innovation, the activities “not only provided team ...
Tuesday, 23 January 2018 05:49

Wynn Palace drives 43.1% revenue increase for Wynn Macau Ltd in 4Q17 A 65.6% increase in revenue at Wynn Palace to US$693.4 million has helped Wynn Macau Ltd comfortably beat consensus in 4Q17, with the company gaining market share in both mass market and VIP. Total operating revenue across the company’s two Macau properties grew 43.1% to US$1.3 billion, up from U...
Tuesday, 23 January 2018 05:23

IR bill on the agenda as Japanese Diet returns to session Japan’s highly-anticipated 2018 regular Diet session will get underway today with integrated resort legislation set to be one of the key topics of discussion in the coming months. It has been more than six months since Japanese lawmakers last conducted any meaningful discussion on IRs, with the r...
Monday, 22 January 2018 05:43

Wynn Resorts leads casinos on Fortune’s Most Admired Companies list Wynn Resorts has beaten out its rivals to rank as the highest casino resort on FORTUNE’s 2018 World’s Most Admired Companies list in the hotel, casino and resort category, ranking third overall among internationally distinguished hospitality companies. Equalling last year’s result, Wynn ranke...
Monday, 22 January 2018 04:54

Singapore judge sets out new sentencing guidelines for casino fraud Any individual convicted of serious casino fraud in Singapore will face a jail term of up to seven years after Chief Justice Sundaresh Menon set out detailed sentencing guidelines last week. The guidelines formed part of a judgement handed down by Chief Justice Menon after a 41-year-old man, Vladis...
Sunday, 21 January 2018 22:20

Hong Kong section of HK$50 billion mega-bridge ready for traffic The Hong Kong section of the new Hong Kong-Zhuhai-Macau Bridge is ready to take traffic following the completion of road surfacing works, according to the Hong Kong Transport Department. The significant milestone, announced over the weekend, covers 9.4km of viaducts, the 1km-long Scenic Hill Tunnel...
Sunday, 21 January 2018 14:58

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