Friday 4 October 2024

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Thu 3 Oct 2024 at 16:50 0

Resorts World Sentosa buys up all advertising space at Marina Bay Sands MRT station

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Current News Carousel

Thu 3 Oct 2024 at 16:26 0

MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

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Thu 3 Oct 2024 at 11:00 0

CBRE calls for doubling down on Macau stocks despite recent rally

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Thu 3 Oct 2024 at 06:06 0

JP Morgan analysis says Bangkok IRs could generate combined US$5 billion annually

Resorts World Sentosa buys up all advertising space at Marina Bay Sands MRT station

Thu 3 Oct 2024 at 16:50

Resorts World Sentosa buys up all advertising space at Marina Bay Sands MRT station

MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

Thu 3 Oct 2024 at 16:26

MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

Thu 3 Oct 2024 at 11:00

CBRE calls for doubling down on Macau stocks despite recent rally

JP Morgan analysis says Bangkok IRs could generate combined US$5 billion annually

Thu 3 Oct 2024 at 06:06

JP Morgan analysis says Bangkok IRs could generate combined US$5 billion annually

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Crypto casino EVO.io raises US$3 million from SABA Sports

Thu 3 Oct 2024 at 17:06

EVO.io, an online crypto casino, has announced that it has raised US$3 million in seed investment from SABA Sports, a...

Robinsons to invest more than US$178 million into new hotel developments, mostly at NUSTAR Resort & Casino

Robinsons to invest more than US$178 million into new hotel developments, mostly at NUSTAR Resort & Casino

Thu 3 Oct 2024 at 12:35

Philippines hospitality firm Robinsons Hotels and Resorts says it plans to invest more than Php10 billion (US$178 million) to develop...

Jeju Dream Tower casino sales down 7.4% in March

Jeju Dream Tower casino revenues down 14% to US$21 million in September

Thu 3 Oct 2024 at 04:04

Resorts business shows improvement but pachinko decline hurts Sega Sammy quarterly results

Korea’s Paradise suffers 14.4% sequential dip in casino revenues in September

Thu 3 Oct 2024 at 03:45

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World Poker Tour to return to Cambodia’s NagaWorld in 2025 with expanded 19-day festival

World Poker Tour to return to Cambodia’s NagaWorld in 2025 with expanded 19-day festival

Wed 2 Oct 2024 at 06:28

Thailand casino regulator to be based in Bangkok as governance structure outlined

All private investors welcome to participate in Thailand’s IR industry, government says

Wed 2 Oct 2024 at 06:10

Gaming, digital drive Light & Wonder to 5% year-on-year revenue gain in 2Q22

Light & Wonder to highlight latest innovations at G2E

Wed 2 Oct 2024 at 05:56

Three suspects arrested for lobbing grenade, firing shots at Cambodian casino

Three suspects arrested for lobbing grenade, firing shots at Cambodian casino

Tue 1 Oct 2024 at 14:36

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Macau

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Crypto casino EVO.io raises US$3 million from SABA Sports

Thu 3 Oct 2024 at 17:06

EVO.io, an online crypto casino, has announced that it has raised US$3 million in seed investment from SABA Sports, a...

Robinsons to invest more than US$178 million into new hotel developments, mostly at NUSTAR Resort & Casino

Robinsons to invest more than US$178 million into new hotel developments, mostly at NUSTAR Resort & Casino

Thu 3 Oct 2024 at 12:35

Philippines hospitality firm Robinsons Hotels and Resorts says it plans to invest more than Php10 billion (US$178 million) to develop...

Jeju Dream Tower casino sales down 7.4% in March

Jeju Dream Tower casino revenues down 14% to US$21 million in September

Thu 3 Oct 2024 at 04:04

Resorts business shows improvement but pachinko decline hurts Sega Sammy quarterly results

Korea’s Paradise suffers 14.4% sequential dip in casino revenues in September

Thu 3 Oct 2024 at 03:45

World Poker Tour to return to Cambodia’s NagaWorld in 2025 with expanded 19-day festival

World Poker Tour to return to Cambodia’s NagaWorld in 2025 with expanded 19-day festival

Wed 2 Oct 2024 at 06:28

Thailand casino regulator to be based in Bangkok as governance structure outlined

All private investors welcome to participate in Thailand’s IR industry, government says

Wed 2 Oct 2024 at 06:10

Gaming, digital drive Light & Wonder to 5% year-on-year revenue gain in 2Q22

Light & Wonder to highlight latest innovations at G2E

Wed 2 Oct 2024 at 05:56

Three suspects arrested for lobbing grenade, firing shots at Cambodian casino

Three suspects arrested for lobbing grenade, firing shots at Cambodian casino

Tue 1 Oct 2024 at 14:36

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IAG OCT 2024 HR COVER 300

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OCT ISSUE

Editorial – Monetary motivations

Editorial – Monetary motivations

by Ben BlaschkeMon 30 Sep 2024 at 23:29

Road to Redemption

Road to Redemption

by Andrew W ScottMon 30 Sep 2024 at 23:13

IAG Super Sep – Together Again

IAG Super Sep – Together Again

by Ben BlaschkeMon 30 Sep 2024 at 20:58

Made in Australia

Made in Australia

by Ben BlaschkeMon 30 Sep 2024 at 20:29

Real Intelligence

by Stephen MooreMon 30 Sep 2024 at 20:01

LT Game – In the game

LT Game – In the game

by Ben BlaschkeMon 30 Sep 2024 at 19:20

Jack Curtis – Sign of the times

Jack Curtis – Sign of the times

by Ben BlaschkeMon 30 Sep 2024 at 18:45

Editorial – Monetary motivations

Road to Redemption

IAG Super Sep – Together Again

Made in Australia

LT Game – In the game

Jack Curtis – Sign of the times

Regional

Australia

AUSTRAC CEO Brendan Thomas named speaker for Sydney’s Regulating the Game 2025

Resumption of trading sees shares tumble as Star responds to NSW regulator’s show cause notice

Star says daily revenue down 11% since introduction of mandatory carded play, cash limits at Sydney casino

Impairment on trading conditions, higher costs push Star Entertainment Group to US$1.16 billion loss in FY24

Star Entertainment Group secures new AU$200 million debt facility from lenders

Australia’s first Andaz hotel to open at The Star Gold Coast in 2025

Struggling Star said to be on verge of securing financial lifeline from lenders

Dr Marla Royne Stafford named first Conference Chair for 2025 Regulating the Game conference in Sydney

NSW regulator issues Star with show cause notice, outlines raft of possible disciplinary measures

Star still in holding pattern as crisis talks with governments and lenders continue

Cambodia

Mass gaming segment helps NagaCorp to US$411 million in GGR at NagaWorld through first nine months of 2024

World Poker Tour to return to Cambodia’s NagaWorld in 2025 with expanded 19-day festival

Three suspects arrested for lobbing grenade, firing shots at Cambodian casino

NagaCorp-commissioned review finds Cambodia’s main short-term risks are economic, not political

Little-known “FIRM 614” confirmed as only licensed importer of gaming equipment into Cambodia as government tightens regulations

Cambodia repatriates over 1,200 Chinese nationals involved in gambling fraud in the first half of 2024

NagaCorp gaming revenues climb to US$283 million in 1H24 on improved mass performance

As 2Q results stabilize, Donaco warns of threat to its Cambodian border casino from Thai IR legislation

Cambodia bans new casinos in Kep and Kampot provinces

Century Entertainment eying September opening for Cambodia VIP room, looks to Thailand as future opportunity

Japan

Tomohiro Okada appointed Representative Director and President of Universal Entertainment Corp moments after director election

Universal to establish Governance Committee to stamp out director misconduct in wake of Okada, Fujimoto cases

MGM said to have forfeited right to withdraw from Osaka IR project

Jun Fujimoto resigns as director of Japan’s Universal Entertainment Corp

Tomohiro Okada, son of founder Kazuo Okada, set to become director of Okada Manila parent Universal

Osaka City Audit Committee issues mixed response to citizen’s group arguing illegality in construction of MGM’s IR

Japan’s Sega Sammy hails strength of newly formed Gaming business segment as 2Q24 profit soars

Organizer asks Osaka officials to pause construction of MGM’s integrated resort for six months during 2025 World Expo

Konami suffers 2Q24 decline in Gaming & Systems segment revenue as demand normalizes post-COVID

Japan’s Sega Sammy expands US online gaming presence with acquisition of Dutch games developer Stakelogic

Macau

MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

CBRE calls for doubling down on Macau stocks despite recent rally

Macau visitor arrivals top 300,000 in first two days of Golden Week, including second highest daily tally of the year

JP Morgan says no surprises as Macau’s 3Q24 revenues come in lower than historical trends

Macau GGR down 12.7% month-on-month to MOP$17.3 billion in September, lowest of the year

Macau welcomes 96,671 visitor arrivals on Golden Week eve

LT Game – In the game

Stepping Aside

Sands, Galaxy and MGM open dedicated lounges at Macau International Airport

Macau’s fourth sea bridge to open Tuesday

N. America

Light & Wonder to highlight latest innovations at G2E

IGT to unveil new games under Tiger and Dragon multi-level progressive series at G2E

Ellen Whittemore to step down as Wynn Resorts EVP and General Counsel, will remain on Wynn Macau board

Konami and Xailient to unveil new facial recognition solution for table games at G2E

Nevada court grants Aristocrat preliminary injunction in case against rival Light & Wonder’s Dragon Train

Genting Malaysia’s New York subsidiaries price an additional US$100 million senior notes as equity raising continues

Interblock to expand global presence via acquisition of gaming product supplier Zuum

CBRE: MGM has financial flexibility to pursue new IR developments in Thailand, UAE, New York concurrently

Genting Malaysia’s New York subsidiaries to raise US$1.45 billion via notes issue, new credit facility

Zitro to unveil new cabinet line at G2E in Las Vegas

Philippines

Robinsons to invest more than US$178 million into new hotel developments, mostly at NUSTAR Resort & Casino

Philippines Department of Justice warns Timor-Leste against welcoming relocated POGOs

Around 3,000 POGO workers said to have left the Philippines since ban announced

FBM to build US$10 million software house based in the Philippines

Road to the Power 50: Exploring the gaming offerings at Solaire Resort North

NUSTAR adds more than 50 new games to online casino platform Casino Maxx via partnership with DigitalWin Asia

FBM Philippines brings festive spirit to over 250 bingo halls with Champion Festival promotion

Aristocrat’s Lloyd Robson at the 2024 IAG Academy Summit

Philippine senate pushing for inquiry into banking industry’s failure to flag POGO-linked transactions

Light & Wonder’s Ken Jolly at the 2024 IAG Academy Summit

S. Korea

Jeju Dream Tower casino revenues down 14% to US$21 million in September

Korea’s Paradise suffers 14.4% sequential dip in casino revenues in September

Kangwon Land outlines major increase in gaming tables, slot machines under US$1.9 billion expansion plan

Grand Korea Leisure reports casino sales of US$31 million in August

Casino revenues at Jeju Dream Tower rise by 45% to US$25 million in August

Casino sales at Korea’s Paradise Co on the rise again in August

Shin Hwa World narrows loss in 1H24 on improved performance of Jeju casino

Higher VIP comps hit Paradise Co’s bottom line in 2Q24

Korea’s Mohegan Inspire reports net revenues of US$101 million since opening, volumes on the rise

Grand Korea Leisure casino revenues plummet by 48% in July

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Events

G2E @ Las Vegas, USA

Oct 7 – Oct 10 all-day

SBC Summit Latinoamérica @ Seminole Hard Rock Hotel & Casino, Miami, USA

Oct 31 – Nov 2 all-day

SBC Summit Latinoamérica

2024 IAG Asian Gaming Power 50 Gala Dinner

Nov 8 @ 18:30 – 22:30

IAG Expo 2025 @ Newport World Resorts, Manila, Philippines

Sep 8 – Sep 10 all-day

October 2024 – September 2025 Oct 2024 – Sep 2025

Print

IGT reveals amendments to revolving credit facility and term loan agreements

IGT to unveil new games under Tiger and Dragon multi-level progressive series at G2E

International Game Technology (IGT) announced Monday that it will release three new games under its Tiger and Dragon multi-level progressive...

Tue 1 Oct 2024 at 05:47

AUSTRAC CEO Brendan Thomas named speaker for Sydney’s Regulating the Game 2025

AUSTRAC CEO Brendan Thomas named speaker for Sydney’s Regulating the Game 2025

The CEO of Australian AML watchdog AUSTRAC, Brendan Thomas, has been named as a featured speaker at next year’s Regulating...

Tue 1 Oct 2024 at 05:38

Increased entry levy to hurt Genting Singapore in 2019 and beyond: analysts

Construction worker dies after workplace accident on site of Resorts World Sentosa’s 2.0 expansion

A 44-year-old worker from Bangladesh was killed Sunday after being struck when a steel structure collapsed on a worksite at...

Tue 1 Oct 2024 at 05:34

On the Run by Andrew W Scott, the IAG CEO Vlog, with Jadeson Ho

On the Run by Andrew W Scott, the IAG CEO Vlog, with Jadeson Ho

Episode 73 of “On the Run” by Andrew W Scott, the IAG CEO Vlog, with Jadeson Ho. Andrew provides some...

Tue 1 Oct 2024 at 02:26

Philippines eGames service provider PhilWeb back to profit in 1Q24

Around 3,000 POGO workers said to have left the Philippines since ban announced

The Philippines’ Bureau of Immigration said on the weekend that around 3,000 foreign POGO workers have now left the country...

Mon 30 Sep 2024 at 06:08

Off Track: AUSTRAC’s AML Failures

Resumption of trading sees shares tumble as Star responds to NSW regulator’s show cause notice

Australia’s Star Entertainment Group said Friday it has now lodged its response to a show cause notice issued by the...

by Ben Blaschke

Mon 30 Sep 2024 at 05:56

Macau’s fourth sea bridge to open Tuesday

Macau’s fourth sea bridge to open Tuesday

Macau’s fourth sea bridge will open to traffic on 1 October, the day of China’s National Day, with the government...

Mon 30 Sep 2024 at 05:20

Wynn Resorts General Counsel Ellen Whittemore joins Wynn Macau Board of Directors as Matt Maddox departs

Ellen Whittemore to step down as Wynn Resorts EVP and General Counsel, will remain on Wynn Macau board

Wynn Resorts Executive Vice President, General Counsel and Secretary Ellen Whittemore has announced her retirement from early 2025, to be...

Mon 30 Sep 2024 at 04:58

Patience pays

Taiwan court orders former Macau gambler to pay US$41 million to Melco Resorts in debt recovery case

Melco Resorts & Entertainment Limited has won a debt recovery case in a Taiwan court in which a former customer...

Sat 28 Sep 2024 at 05:53

Japan Credit Rating Agency affirms Konami’s A+ rating due to “high earning capacity”

Konami and Xailient to unveil new facial recognition solution for table games at G2E

Fri 27 Sep 2024 at 05:39

Macau’s hotel occupancy rate reaches 89% in July

Macau’s hotel occupancy rate back to 99.7% of 2019 levels in August

Thu 26 Sep 2024 at 18:05

SkyCity Entertainment Group to mandate vaccination for all staff, customers at New Zealand casinos

New Zealand High Court approves US$2.5 million civil penalty against SkyCity for historic AML breaches

Thu 26 Sep 2024 at 11:22

Delta Corp to acquire 45% stake in shipyard that built “Casino Royale” floating casino

India’s Delta Corp to demerge gaming and hospitality businesses

Thu 26 Sep 2024 at 05:35

Credit Suisse warns of Macau casino liability over HK$30 billion to HK$50 billion in frozen junket deposits

Macau government’s gaming tax revenue rises 4.8% to US$891 million in August

Wed 25 Sep 2024 at 14:47

FBM to build US$10 million software house based in the Philippines

FBM to build US$10 million software house based in the Philippines

Wed 25 Sep 2024 at 14:14

Aristocrat Gaming and Macau’s Studio City unveil new Dragon Zone experience

Wed 25 Sep 2024 at 14:06

LT Game inks deal with Neowiz subsidiary Massive Gaming to develop land-based slot machines

LT Game inks deal with Neowiz subsidiary Massive Gaming to develop land-based slot machines

Wed 25 Sep 2024 at 06:00

A New Macau

Seaport: China monetary policy stimulus to boost Macau gaming after recent weakness

Wed 25 Sep 2024 at 05:26

Sands China and Marriott International to unveil Macau’s first Luxury Collection Hotel at Londoner Grand

Sands China and Marriott International to unveil Macau’s first Luxury Collection Hotel at Londoner Grand

Wed 25 Sep 2024 at 05:08

FMCC Charity Gala Dinner celebrates 60 Years of China-France relations

FMCC Charity Gala Dinner celebrates 60 Years of China-France relations

Tue 24 Sep 2024 at 15:15

Australia’s first Andaz hotel to open at The Star Gold Coast in 2025

Australia’s first Andaz hotel to open at The Star Gold Coast in 2025

Tue 24 Sep 2024 at 11:06

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