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2019 February 18 Monday
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IAG
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  • NEWS
    No immediate threat to Asian gaming from new China currency movement crackdown: analysts

    No immediate threat to Asian gaming from new China currency movement crackdown: analysts

    Macau gaming industry comes together for inaugural Macau After Dark networking event

    Macau gaming industry comes together for inaugural Macau After Dark networking event

    Amax denies Imperial Palace hotel takeover amid claims of Suncity “invasion”

    Amax International writes off US$45 million stake in Macau’s Greek Mythology casino

    Okada Manila operator Tiger Resort, Leisure and Entertainment to go public in 2019

    Wynn settlement, Okada Manila ramp push Universal Entertainment to 2018 profit

    Murren points finger at US government shutdown as MGM cites modest Chinese New Year numbers in Las Vegas, Macau

    Novomatic to serve Southeast Asia with new Indo Pacific Gaming deal

    Novomatic to serve Southeast Asia with new Indo Pacific Gaming deal

    Trending Tags

    • FEATURES
      Paradise Reinvented

      Paradise Reinvented

      IAG Expands Into Japan

      IAG Expands Into Japan

      The Time is Now

      The Time is Now

      Japan’s Big Deal

      Japan’s Big Deal

      Tokyo without Borders

      Tokyo without Borders

      Planned to Perfection

      Planned to Perfection

      Trending Tags

      • PEOPLE
        Ice Age

        Ice Age

        IGT’s Luke Orchard to head Association of Gaming Equipment Manufacturers

        IGT’s Luke Orchard to head Association of Gaming Equipment Manufacturers

        Michael Cheers: Growing with the industry

        Michael Cheers: Growing with the industry

        Born for the stage

        Born for the stage

        Bankruptcy recovery spurs big second quarter growth for Caesars

        Caesars appoints Juliana Chugg to board of directors

        Trevor Ross: Home away from home

        Trending Tags

        • COLUMNISTS
          An Effective Antidote for Turbulent Times

          An Effective Antidote for Turbulent Times

          Clear currency

          Seize the Day

          Super Amenities

          Is Macau Gambling With Its Responsibility?

          Cambodia Rising

          Trending Tags

          • TECH TALK
            Sega Sammy Creation installs “Baccarat Maximum Fortune” at MGM Macau

            Sega Sammy Creation installs “Baccarat Maximum Fortune” at MGM Macau

            Konami says “Fortune Cup” horse racing game driving Asian business forward

            Konami says “Fortune Cup” horse racing game driving Asian business forward

            TCSJOHNHUXLEY sets ICE ablaze

            TCSJOHNHUXLEY sets ICE ablaze

            Scientific Games to send “Jin Ji Bao Xi” global after Asia success

            Scientific Games to send “Jin Ji Bao Xi” global after Asia success

            Atrient Gaming PowerKiosk overview for ICE 2019

            Atrient Gaming PowerKiosk overview for ICE 2019

            Dallmeier to showcase gaming, surveillance and marketing technology at ICE

            Dallmeier to showcase gaming, surveillance and marketing technology at ICE

            Trending Tags

            • iGAMING
              QTech Games reveals blueprint for new global gaming studio group

              QTech Games reveals blueprint for new global gaming studio group

              QTech Games heads to ICE to expand global footprint

              Betsoft to release “Faerie Spells”

              Betsoft to release “Faerie Spells”

              Kalamba Games releases new game “Machina”

              Kalamba Games releases new game “Machina”

              QTech Games appoints Markus Nasholm to new Global CEO role

              QTech Games appoints Markus Nasholm to new Global CEO role

              Superbet migrates operations to Comtrade Gaming’s online platform

              Comtrade to present new business intelligence architecture at ICE London

              Trending Tags

              • EVENTS
                Macau gaming industry comes together for inaugural Macau After Dark networking event

                Macau gaming industry comes together for inaugural Macau After Dark networking event

                Two weeks left until SPiCE 2019

                Two weeks left until SPiCE 2019

                Everi to showcase innovative financial technology solutions at ICE London

                Everi to showcase innovative financial technology solutions at ICE London

                Ice Age

                Ice Age

                Fintech gains its own space at G2E Asia 2019

                Fintech gains its own space at G2E Asia 2019

                Inside Asian Gaming announces launch of “Macau After Dark” industry networking events

                Inside Asian Gaming announces launch of “Macau After Dark” industry networking events

                Trending Tags

                • MACAU
                  Macau gaming industry comes together for inaugural Macau After Dark networking event

                  Macau gaming industry comes together for inaugural Macau After Dark networking event

                  Amax denies Imperial Palace hotel takeover amid claims of Suncity “invasion”

                  Amax International writes off US$45 million stake in Macau’s Greek Mythology casino

                  MGM China revenue up 33% in 4Q18 on MGM Cotai contribution

                  Galaxy, Melco announce latest employee benefits initiatives

                  Macau gaming tax revenue grows 17.7% in 1Q18

                  Macau government tax revenue continues to soar in January despite monthly GGR decline

                  Macau Airport sets Golden Week and single day passenger records during Chinese New Year

                  Macau Airport sets Golden Week and single day passenger records during Chinese New Year

                  Trending Tags

                  • JAPAN
                  • REGIONAL
                    • All
                    • Africa
                    • Australia
                    • Cambodia
                    • China
                    • CNMI
                    • Europe
                    • Hong Kong
                    • India
                    • Japan
                    • Macau
                    • Malaysia
                    • Nepal
                    • New Zealand
                    • North America
                    • North Korea
                    • Philippines
                    • Russia
                    • Singapore
                    • South Korea
                    • Thailand
                    • Vietnam
                    No immediate threat to Asian gaming from new China currency movement crackdown: analysts

                    No immediate threat to Asian gaming from new China currency movement crackdown: analysts

                    Macau gaming industry comes together for inaugural Macau After Dark networking event

                    Macau gaming industry comes together for inaugural Macau After Dark networking event

                    Amax denies Imperial Palace hotel takeover amid claims of Suncity “invasion”

                    Amax International writes off US$45 million stake in Macau’s Greek Mythology casino

                    Okada Manila operator Tiger Resort, Leisure and Entertainment to go public in 2019

                    Wynn settlement, Okada Manila ramp push Universal Entertainment to 2018 profit

                    Murren points finger at US government shutdown as MGM cites modest Chinese New Year numbers in Las Vegas, Macau

                    Novomatic to serve Southeast Asia with new Indo Pacific Gaming deal

                    Novomatic to serve Southeast Asia with new Indo Pacific Gaming deal

                    Trending Tags

                    • POWER 50
                      A night to remember

                      A night to remember

                      Sheldon Adelson tops IAG’s 2018 Asian Gaming Power 50 list

                      Big 50 list

                      2018 Inside Asian Gaming Power 50: Number 1 – Sheldon Adelson

                      2018 Inside Asian Gaming Power 50: Number 2 – Francis Lui

                      2018 Inside Asian Gaming Power 50: Number 3 – Lawrence Ho

                      Trending Tags

                      No Result
                      View All Result
                      IAG
                      • NEWS
                        No immediate threat to Asian gaming from new China currency movement crackdown: analysts

                        No immediate threat to Asian gaming from new China currency movement crackdown: analysts

                        Macau gaming industry comes together for inaugural Macau After Dark networking event

                        Macau gaming industry comes together for inaugural Macau After Dark networking event

                        Amax denies Imperial Palace hotel takeover amid claims of Suncity “invasion”

                        Amax International writes off US$45 million stake in Macau’s Greek Mythology casino

                        Okada Manila operator Tiger Resort, Leisure and Entertainment to go public in 2019

                        Wynn settlement, Okada Manila ramp push Universal Entertainment to 2018 profit

                        Murren points finger at US government shutdown as MGM cites modest Chinese New Year numbers in Las Vegas, Macau

                        Novomatic to serve Southeast Asia with new Indo Pacific Gaming deal

                        Novomatic to serve Southeast Asia with new Indo Pacific Gaming deal

                        Trending Tags

                        • FEATURES
                          Paradise Reinvented

                          Paradise Reinvented

                          IAG Expands Into Japan

                          IAG Expands Into Japan

                          The Time is Now

                          The Time is Now

                          Japan’s Big Deal

                          Japan’s Big Deal

                          Tokyo without Borders

                          Tokyo without Borders

                          Planned to Perfection

                          Planned to Perfection

                          Trending Tags

                          • PEOPLE
                            Ice Age

                            Ice Age

                            IGT’s Luke Orchard to head Association of Gaming Equipment Manufacturers

                            IGT’s Luke Orchard to head Association of Gaming Equipment Manufacturers

                            Michael Cheers: Growing with the industry

                            Michael Cheers: Growing with the industry

                            Born for the stage

                            Born for the stage

                            Bankruptcy recovery spurs big second quarter growth for Caesars

                            Caesars appoints Juliana Chugg to board of directors

                            Trevor Ross: Home away from home

                            Trending Tags

                            • COLUMNISTS
                              An Effective Antidote for Turbulent Times

                              An Effective Antidote for Turbulent Times

                              Clear currency

                              Seize the Day

                              Super Amenities

                              Is Macau Gambling With Its Responsibility?

                              Cambodia Rising

                              Trending Tags

                              • TECH TALK
                                Sega Sammy Creation installs “Baccarat Maximum Fortune” at MGM Macau

                                Sega Sammy Creation installs “Baccarat Maximum Fortune” at MGM Macau

                                Konami says “Fortune Cup” horse racing game driving Asian business forward

                                Konami says “Fortune Cup” horse racing game driving Asian business forward

                                TCSJOHNHUXLEY sets ICE ablaze

                                TCSJOHNHUXLEY sets ICE ablaze

                                Scientific Games to send “Jin Ji Bao Xi” global after Asia success

                                Scientific Games to send “Jin Ji Bao Xi” global after Asia success

                                Atrient Gaming PowerKiosk overview for ICE 2019

                                Atrient Gaming PowerKiosk overview for ICE 2019

                                Dallmeier to showcase gaming, surveillance and marketing technology at ICE

                                Dallmeier to showcase gaming, surveillance and marketing technology at ICE

                                Trending Tags

                                • iGAMING
                                  QTech Games reveals blueprint for new global gaming studio group

                                  QTech Games reveals blueprint for new global gaming studio group

                                  QTech Games heads to ICE to expand global footprint

                                  Betsoft to release “Faerie Spells”

                                  Betsoft to release “Faerie Spells”

                                  Kalamba Games releases new game “Machina”

                                  Kalamba Games releases new game “Machina”

                                  QTech Games appoints Markus Nasholm to new Global CEO role

                                  QTech Games appoints Markus Nasholm to new Global CEO role

                                  Superbet migrates operations to Comtrade Gaming’s online platform

                                  Comtrade to present new business intelligence architecture at ICE London

                                  Trending Tags

                                  • EVENTS
                                    Macau gaming industry comes together for inaugural Macau After Dark networking event

                                    Macau gaming industry comes together for inaugural Macau After Dark networking event

                                    Two weeks left until SPiCE 2019

                                    Two weeks left until SPiCE 2019

                                    Everi to showcase innovative financial technology solutions at ICE London

                                    Everi to showcase innovative financial technology solutions at ICE London

                                    Ice Age

                                    Ice Age

                                    Fintech gains its own space at G2E Asia 2019

                                    Fintech gains its own space at G2E Asia 2019

                                    Inside Asian Gaming announces launch of “Macau After Dark” industry networking events

                                    Inside Asian Gaming announces launch of “Macau After Dark” industry networking events

                                    Trending Tags

                                    • MACAU
                                      Macau gaming industry comes together for inaugural Macau After Dark networking event

                                      Macau gaming industry comes together for inaugural Macau After Dark networking event

                                      Amax denies Imperial Palace hotel takeover amid claims of Suncity “invasion”

                                      Amax International writes off US$45 million stake in Macau’s Greek Mythology casino

                                      MGM China revenue up 33% in 4Q18 on MGM Cotai contribution

                                      Galaxy, Melco announce latest employee benefits initiatives

                                      Macau gaming tax revenue grows 17.7% in 1Q18

                                      Macau government tax revenue continues to soar in January despite monthly GGR decline

                                      Macau Airport sets Golden Week and single day passenger records during Chinese New Year

                                      Macau Airport sets Golden Week and single day passenger records during Chinese New Year

                                      Trending Tags

                                      • JAPAN
                                      • REGIONAL
                                        • All
                                        • Africa
                                        • Australia
                                        • Cambodia
                                        • China
                                        • CNMI
                                        • Europe
                                        • Hong Kong
                                        • India
                                        • Japan
                                        • Macau
                                        • Malaysia
                                        • Nepal
                                        • New Zealand
                                        • North America
                                        • North Korea
                                        • Philippines
                                        • Russia
                                        • Singapore
                                        • South Korea
                                        • Thailand
                                        • Vietnam
                                        No immediate threat to Asian gaming from new China currency movement crackdown: analysts

                                        No immediate threat to Asian gaming from new China currency movement crackdown: analysts

                                        Macau gaming industry comes together for inaugural Macau After Dark networking event

                                        Macau gaming industry comes together for inaugural Macau After Dark networking event

                                        Amax denies Imperial Palace hotel takeover amid claims of Suncity “invasion”

                                        Amax International writes off US$45 million stake in Macau’s Greek Mythology casino

                                        Okada Manila operator Tiger Resort, Leisure and Entertainment to go public in 2019

                                        Wynn settlement, Okada Manila ramp push Universal Entertainment to 2018 profit

                                        Murren points finger at US government shutdown as MGM cites modest Chinese New Year numbers in Las Vegas, Macau

                                        Novomatic to serve Southeast Asia with new Indo Pacific Gaming deal

                                        Novomatic to serve Southeast Asia with new Indo Pacific Gaming deal

                                        Trending Tags

                                        • POWER 50
                                          A night to remember

                                          A night to remember

                                          Sheldon Adelson tops IAG’s 2018 Asian Gaming Power 50 list

                                          Big 50 list

                                          2018 Inside Asian Gaming Power 50: Number 1 – Sheldon Adelson

                                          2018 Inside Asian Gaming Power 50: Number 2 – Francis Lui

                                          2018 Inside Asian Gaming Power 50: Number 3 – Lawrence Ho

                                          Trending Tags

                                          No Result
                                          View All Result
                                          IAG
                                          No Result
                                          View All Result

                                          2017 Inside Asian Gaming Power 50: Number 25 – Tan Hee Teck

                                          Newsdesk by Newsdesk
                                          Tuesday 5 December 2017 at 06:31

                                          25 Tan Hee Tec

                                          CHAIRMAN AND CEO
                                          Resorts World Sentosa

                                          CLAIMS TO FAME
                                          • Spearheaded Genting’s crucial battle for Singapore gaming license
                                          • Oversees one of world’s most profitable IRs
                                          • Point player for Genting’s Japan IR ambitions

                                          POWER SCORE 1,007 LAST YEAR 15

                                          Resorts World Sentosa is bouncing back after painful times as China’s economic growth slowed and VIP play contracted. For this year’s first nine months, the Genting Singapore integrated resort reported gaming revenue up 12% and EBITDA up 64%. Management has cut costs, promoted high margin segments and slashed impaired receivables by 80% thanks to “a more measured” VIP credit policy.

                                          For Genting, securing an IR license in Singapore was crucial to defend its original Highlands Resort in Malaysia, and Tan Hee Teck led that winning effort. Even though it cost US$5.7 billion and runs second to crosstown rival Marina Bay Sands, Resorts World Sentosa has proven a highly profitable defensive gambit, delivering the majority of EBITDA in Genting Group’s core hospitality and leisure segment. The IR is on pace to produce some US$900 million in property EBITDA this year on US$1.8 billion revenue, a 50% margin. To stay relevant in Singapore, RWS is formulating a five year strategic plan to enhance visitor appeal.

                                          Mr Tan also serves as President and COO of Genting Singapore, the IR’s SGX listed corporate parent. GenSing took the lead on RW Jeju, a US$1.8 billion IR on South Korea’s tourist island with visa free entry for mainland Chinese. In November last year, Genting decided to sell its Jeju stake to joint venture partner Landing International. The deal closed early this year, with GenSing booking a US$71 million profit on its US$367 million investment, a 19% return.

                                          Genting said it exited Jeju to focus on Japan, correctly anticipating Japanese Diet passage of legislation formally starting the casino legalization process. Many consider Genting a Japan IR frontrunner and, building on his Singapore success, Mr Tan leads that push. This year, GenSing established a Japan office and raised ¥20 billion (US$175 million) through yen denominated bonds to support the IR drive.

                                          To return to the full list of 2017 Asian Gaming Power 50 winners, click here.

                                          ShareShare

                                          Current Issue

                                          Paradise Reinvented

                                          Paradise Reinvented

                                          by Muhammad Cohen
                                          Tuesday 29 January 2019 at 11:58

                                          Paradise City integrated resort leans on art, airport and Japan ties to overcome “first mover disadvantage” and its foreigner-only casino restriction.

                                          IAG Expands Into Japan

                                          IAG Expands Into Japan

                                          by Ben Blaschke
                                          Tuesday 29 January 2019 at 11:06

                                          Inside Asian Gaming is excited to announce its expansion into Japan via two new Japanese-language gaming industry media products and a cooperation agreement with Japan’s leading B2B hotel and restaurant industry media brand, Ohta Publications.

                                          The Time is Now

                                          The Time is Now

                                          by Makoto Katayama
                                          Tuesday 29 January 2019 at 10:45

                                          With the dream of Japanese IRs edging closer with each passing day, Inside Asian Gaming takes a closer look at what to expect from Japan’s lawmakers, candidate locations and hopeful operators in 2019.

                                          Japan’s Big Deal

                                          Japan’s Big Deal

                                          by Tomo Yamamoto
                                          Monday 28 January 2019 at 18:55

                                          IAG visited the recently established Japan Casino Academy in Osaka to find out about dealer training for the nation’s burgeoning casino industry.

                                          Related Posts

                                          A night to remember

                                          A night to remember

                                          by Ben Blaschke
                                          Wednesday 2 January 2019 at 13:21

                                          The inaugural Asian Gaming Power 50 Gala Dinner saw a who’s who of Asia’s gaming industry come together at Macau’s Studio City to celebrate those who made a difference in 2018.

                                          Sheldon Adelson tops IAG’s 2018 Asian Gaming Power 50 list

                                          by Newsdesk
                                          Saturday 24 November 2018 at 12:57

                                          Sheldon Adelson, the Chairman and CEO of Las Vegas Sands and Sands China, has topped the Asian Gaming Power 50 – an annual ranking of the most influential individuals in the Asian gaming industry – for the sixth consecutive year...

                                          Big 50 list

                                          by Newsdesk
                                          Friday 23 November 2018 at 22:35

                                          Rank Score Name Title Organization 1 7,598 Sheldon Adelson CEO and Chairman Las Vegas Sands and Sands China 2 7,493 Francis Lui Deputy Chairman Galaxy Entertainment Group 3 4,825 Lawrence Ho Chairman and CEO Melco Resorts 4 3,165 Lim Kok...

                                          2018 Inside Asian Gaming Power 50: Number 1 – Sheldon Adelson

                                          by Newsdesk
                                          Friday 23 November 2018 at 22:30

                                          Adelson tops the pile in Asia once again because he has the best things now, Macau and Singapore, money machines on track to generate US$5 billion EBITDA this year

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