• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
01:21 Saturday 16 January 2021
  • 中文中文
  • 日本語日本語
IAG
Advertisement
  • NEWS
    2021: Japan IR – Crunch time

    Meeting of casino opposition party suggests Tokyo IR bid still on the cards

    Yokohama to hold discussions with IR operators to understand impact of COVID-19

    Yokohama city moves its first IR Business Briefing online in response to Japan’s state of emergency

    Reports Yokohama to start RFP in late January

    Reports Yokohama to start RFP in late January

    Hard Rock Japan President declares company still in race for Japan IR

    Hard Rock International acquires London casino license from The Ritz Club

    Going Global

    Melco consolidated debt to reach US$7 billion in 2021 on COVID, capex pressures: Moody’s

    Jeju police track down missing Landing International money but suspects on the run

    Trending Tags

    • FEATURES
      2021: Japan IR – Crunch time

      2021: Japan IR – Crunch time

      In safe hands

      In safe hands

      A spirit of social responsibility

      A spirit of social responsibility

      Taxation tremors

      Taxation tremors

      10 years ago

      10 years ago

      Creating an RG culture beyond the boardroom

      Trending Tags

      • PEOPLE
        Dave Smith: Smell of success

        Dave Smith: Smell of success

        Scientific Games insists liquidity position strong after adding US$480 million in debt, cutting costs

        Scientific Games appoints Eileen Moore Johnson as Executive Vice President and Chief Human Resources Officer

        Creation theory

        Creation theory

        Paltronics announces passing of Stephen Cowan, much-admired Managing Director

        Paltronics announces passing of Stephen Cowan, much-admired Managing Director

        Dark days

        POST-COVID2: The most transformative business shock of our lifetimes

        Dominic Laubach: Global explorer

        Dominic Laubach: Global explorer

        Trending Tags

        • COLUMNISTS

          Big money

          A decade of differentiation

          A decade of differentiation

          How to set up for IR success

          How to set up for IR success

          Macau: Taking a sensible approach to responsible gaming

          Macau: Taking a sensible approach to responsible gaming

          Time to realign?

          Time to realign?

          Marketing during COVID-19 and beyond

          Marketing during COVID-19 and beyond

          Trending Tags

          • TECH TALK
            Aruze Gaming launches two new pachinko-inspired slot titles into Asia

            Aruze Gaming launches two new pachinko-inspired slot titles into Asia

            First-class showcase in the virtual space

            First-class showcase in the virtual space

            Badge of honor

            Badge of honor

            Matsui to act as authorized reseller of “Cure Clean” LED space sterilizer

            Matsui to act as authorized reseller of “Cure Clean” LED space sterilizer

            Evolution launches world’s first online live Craps game

            Evolution launches world’s first online live Craps game

            Transcendence

            Transcendence

            Trending Tags

            • iGAMING
              Manila restrictions ease as Duterte implements General Community Quarantine for National Capital Region

              Philippine police arrest eight alleged members of POGO-linked “kidnap for ransom” gang

              PAGCOR reveals substantial POGO revenue rise in 2018 as enforcement role defended

              Philippines court order preventing new 5% franchise tax could halt POGO exodus

              MGM Resorts looking to raise US$750 million via senior notes offering

              MGM Resorts considering US$13 billion takeover offer for Ladbrokes owner Entain

              Evolution launches world’s first online live Craps game

              Evolution launches world’s first online live Craps game

              Duterte extends “modified” quarantine measures across Metro Manila to 31 May

              PAGCOR sees regulatory fees from POGOs halved as Philippines online gaming industry shrinks

              LaLiga signs four-year partnership with M88 in Asia

              LaLiga signs four-year partnership with M88 in Asia

              Trending Tags

              • EVENTS
                Castle in the Sky

                Osaka IR & Inbound Business Seminar canceled due to COVID-19

                SBC launches new SBC Digital 2021 events program

                SBC launches new SBC Digital 2021 events program

                IAG named Lead Media Partner for Phil-Asian Gaming Expo (PAGE)

                Phil-Asian Gaming Expo says Manila’s SMX Convention Centre to be sole venue for PAGE 2021

                IAG spreads Christmas cheer at Macau After Dark 7

                IAG spreads Christmas cheer at Macau After Dark 7

                IAG releases 7-minute long-format post-event highlights video from 2020 Asian Gaming Power 50 Black Tie Gala Dinner

                IAG releases 7-minute long-format post-event highlights video from 2020 Asian Gaming Power 50 Black Tie Gala Dinner

                Inside Asian Gaming names Galeria Lisboa at Macau Fisherman’s Wharf as venue for this Friday’s “MAD Santa” Macau After Dark event

                Scientific Games to showcase new slot game “James Bond – Diamonds Are Forever” at this week’s Macau After Dark 7

                Trending Tags

                • MACAU
                  Going Global

                  Melco consolidated debt to reach US$7 billion in 2021 on COVID, capex pressures: Moody’s

                  Macau’s hotel room rates fell almost 50% year-on-year in 4Q20

                  Macau’s hotel room rates fell almost 50% year-on-year in 4Q20

                  G2E Asia to forge ahead with July dates for 2020 trade show

                  G2E Asia postponed until August 2021

                  A spirit of social responsibility

                  A spirit of social responsibility

                  Macau MICE industry loses steam in 1Q18

                  Future of Las Vegas Sands “still in Asia” following passing of founder Sheldon Adelson

                  MGM China says no plans to restructure

                  MGM China subsidiary signs consultancy agreement with Pansy Ho-owned PR and marketing firm

                  Trending Tags

                  • JAPAN
                    2021: Japan IR – Crunch time

                    Meeting of casino opposition party suggests Tokyo IR bid still on the cards

                    Yokohama to hold discussions with IR operators to understand impact of COVID-19

                    Yokohama city moves its first IR Business Briefing online in response to Japan’s state of emergency

                    Reports Yokohama to start RFP in late January

                    Reports Yokohama to start RFP in late January

                    2021: Japan IR – Crunch time

                    2021: Japan IR – Crunch time

                    In safe hands

                    In safe hands

                    Taxation tremors

                    Taxation tremors

                    Trending Tags

                    • REGIONAL
                      • All
                      • Africa
                      • Australia
                      • Cambodia
                      • China
                      • CNMI
                      • Europe
                      • Hong Kong
                      • India
                      • Japan
                      • Laos
                      • Latin America
                      • Macau
                      • Malaysia
                      • Nepal
                      • New Zealand
                      • North America
                      • North Korea
                      • Philippines
                      • Russia
                      • Singapore
                      • South Korea
                      • Sri Lanka
                      • Thailand
                      • Vietnam
                      2021: Japan IR – Crunch time

                      Meeting of casino opposition party suggests Tokyo IR bid still on the cards

                      Yokohama to hold discussions with IR operators to understand impact of COVID-19

                      Yokohama city moves its first IR Business Briefing online in response to Japan’s state of emergency

                      Reports Yokohama to start RFP in late January

                      Reports Yokohama to start RFP in late January

                      Hard Rock Japan President declares company still in race for Japan IR

                      Hard Rock International acquires London casino license from The Ritz Club

                      Going Global

                      Melco consolidated debt to reach US$7 billion in 2021 on COVID, capex pressures: Moody’s

                      Jeju police track down missing Landing International money but suspects on the run

                      Trending Tags

                      • POWER 50
                        Power restored

                        Power restored

                        2020 Asian Gaming Power 50: Top of the World

                        2020 Asian Gaming Power 50: Top of the World

                        2020 Asian Gaming Power 50: Meet the panel

                        2020 Asian Gaming Power 50: Meet the panel

                        2020 Asian Gaming Power 50: Ones to watch

                        2020 Asian Gaming Power 50 list

                        2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                        2020 Asian Gaming Power 50: Number 1 – Francis Lui

                        2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                        2020 Asian Gaming Power 50: Number 2 – Sheldon Adelson

                        Trending Tags

                        • 中文
                        • 日本語
                        No Result
                        View All Result
                        IAG
                        • NEWS
                          2021: Japan IR – Crunch time

                          Meeting of casino opposition party suggests Tokyo IR bid still on the cards

                          Yokohama to hold discussions with IR operators to understand impact of COVID-19

                          Yokohama city moves its first IR Business Briefing online in response to Japan’s state of emergency

                          Reports Yokohama to start RFP in late January

                          Reports Yokohama to start RFP in late January

                          Hard Rock Japan President declares company still in race for Japan IR

                          Hard Rock International acquires London casino license from The Ritz Club

                          Going Global

                          Melco consolidated debt to reach US$7 billion in 2021 on COVID, capex pressures: Moody’s

                          Jeju police track down missing Landing International money but suspects on the run

                          Trending Tags

                          • FEATURES
                            2021: Japan IR – Crunch time

                            2021: Japan IR – Crunch time

                            In safe hands

                            In safe hands

                            A spirit of social responsibility

                            A spirit of social responsibility

                            Taxation tremors

                            Taxation tremors

                            10 years ago

                            10 years ago

                            Creating an RG culture beyond the boardroom

                            Trending Tags

                            • PEOPLE
                              Dave Smith: Smell of success

                              Dave Smith: Smell of success

                              Scientific Games insists liquidity position strong after adding US$480 million in debt, cutting costs

                              Scientific Games appoints Eileen Moore Johnson as Executive Vice President and Chief Human Resources Officer

                              Creation theory

                              Creation theory

                              Paltronics announces passing of Stephen Cowan, much-admired Managing Director

                              Paltronics announces passing of Stephen Cowan, much-admired Managing Director

                              Dark days

                              POST-COVID2: The most transformative business shock of our lifetimes

                              Dominic Laubach: Global explorer

                              Dominic Laubach: Global explorer

                              Trending Tags

                              • COLUMNISTS

                                Big money

                                A decade of differentiation

                                A decade of differentiation

                                How to set up for IR success

                                How to set up for IR success

                                Macau: Taking a sensible approach to responsible gaming

                                Macau: Taking a sensible approach to responsible gaming

                                Time to realign?

                                Time to realign?

                                Marketing during COVID-19 and beyond

                                Marketing during COVID-19 and beyond

                                Trending Tags

                                • TECH TALK
                                  Aruze Gaming launches two new pachinko-inspired slot titles into Asia

                                  Aruze Gaming launches two new pachinko-inspired slot titles into Asia

                                  First-class showcase in the virtual space

                                  First-class showcase in the virtual space

                                  Badge of honor

                                  Badge of honor

                                  Matsui to act as authorized reseller of “Cure Clean” LED space sterilizer

                                  Matsui to act as authorized reseller of “Cure Clean” LED space sterilizer

                                  Evolution launches world’s first online live Craps game

                                  Evolution launches world’s first online live Craps game

                                  Transcendence

                                  Transcendence

                                  Trending Tags

                                  • iGAMING
                                    Manila restrictions ease as Duterte implements General Community Quarantine for National Capital Region

                                    Philippine police arrest eight alleged members of POGO-linked “kidnap for ransom” gang

                                    PAGCOR reveals substantial POGO revenue rise in 2018 as enforcement role defended

                                    Philippines court order preventing new 5% franchise tax could halt POGO exodus

                                    MGM Resorts looking to raise US$750 million via senior notes offering

                                    MGM Resorts considering US$13 billion takeover offer for Ladbrokes owner Entain

                                    Evolution launches world’s first online live Craps game

                                    Evolution launches world’s first online live Craps game

                                    Duterte extends “modified” quarantine measures across Metro Manila to 31 May

                                    PAGCOR sees regulatory fees from POGOs halved as Philippines online gaming industry shrinks

                                    LaLiga signs four-year partnership with M88 in Asia

                                    LaLiga signs four-year partnership with M88 in Asia

                                    Trending Tags

                                    • EVENTS
                                      Castle in the Sky

                                      Osaka IR & Inbound Business Seminar canceled due to COVID-19

                                      SBC launches new SBC Digital 2021 events program

                                      SBC launches new SBC Digital 2021 events program

                                      IAG named Lead Media Partner for Phil-Asian Gaming Expo (PAGE)

                                      Phil-Asian Gaming Expo says Manila’s SMX Convention Centre to be sole venue for PAGE 2021

                                      IAG spreads Christmas cheer at Macau After Dark 7

                                      IAG spreads Christmas cheer at Macau After Dark 7

                                      IAG releases 7-minute long-format post-event highlights video from 2020 Asian Gaming Power 50 Black Tie Gala Dinner

                                      IAG releases 7-minute long-format post-event highlights video from 2020 Asian Gaming Power 50 Black Tie Gala Dinner

                                      Inside Asian Gaming names Galeria Lisboa at Macau Fisherman’s Wharf as venue for this Friday’s “MAD Santa” Macau After Dark event

                                      Scientific Games to showcase new slot game “James Bond – Diamonds Are Forever” at this week’s Macau After Dark 7

                                      Trending Tags

                                      • MACAU
                                        Going Global

                                        Melco consolidated debt to reach US$7 billion in 2021 on COVID, capex pressures: Moody’s

                                        Macau’s hotel room rates fell almost 50% year-on-year in 4Q20

                                        Macau’s hotel room rates fell almost 50% year-on-year in 4Q20

                                        G2E Asia to forge ahead with July dates for 2020 trade show

                                        G2E Asia postponed until August 2021

                                        A spirit of social responsibility

                                        A spirit of social responsibility

                                        Macau MICE industry loses steam in 1Q18

                                        Future of Las Vegas Sands “still in Asia” following passing of founder Sheldon Adelson

                                        MGM China says no plans to restructure

                                        MGM China subsidiary signs consultancy agreement with Pansy Ho-owned PR and marketing firm

                                        Trending Tags

                                        • JAPAN
                                          2021: Japan IR – Crunch time

                                          Meeting of casino opposition party suggests Tokyo IR bid still on the cards

                                          Yokohama to hold discussions with IR operators to understand impact of COVID-19

                                          Yokohama city moves its first IR Business Briefing online in response to Japan’s state of emergency

                                          Reports Yokohama to start RFP in late January

                                          Reports Yokohama to start RFP in late January

                                          2021: Japan IR – Crunch time

                                          2021: Japan IR – Crunch time

                                          In safe hands

                                          In safe hands

                                          Taxation tremors

                                          Taxation tremors

                                          Trending Tags

                                          • REGIONAL
                                            • All
                                            • Africa
                                            • Australia
                                            • Cambodia
                                            • China
                                            • CNMI
                                            • Europe
                                            • Hong Kong
                                            • India
                                            • Japan
                                            • Laos
                                            • Latin America
                                            • Macau
                                            • Malaysia
                                            • Nepal
                                            • New Zealand
                                            • North America
                                            • North Korea
                                            • Philippines
                                            • Russia
                                            • Singapore
                                            • South Korea
                                            • Sri Lanka
                                            • Thailand
                                            • Vietnam
                                            2021: Japan IR – Crunch time

                                            Meeting of casino opposition party suggests Tokyo IR bid still on the cards

                                            Yokohama to hold discussions with IR operators to understand impact of COVID-19

                                            Yokohama city moves its first IR Business Briefing online in response to Japan’s state of emergency

                                            Reports Yokohama to start RFP in late January

                                            Reports Yokohama to start RFP in late January

                                            Hard Rock Japan President declares company still in race for Japan IR

                                            Hard Rock International acquires London casino license from The Ritz Club

                                            Going Global

                                            Melco consolidated debt to reach US$7 billion in 2021 on COVID, capex pressures: Moody’s

                                            Jeju police track down missing Landing International money but suspects on the run

                                            Trending Tags

                                            • POWER 50
                                              Power restored

                                              Power restored

                                              2020 Asian Gaming Power 50: Top of the World

                                              2020 Asian Gaming Power 50: Top of the World

                                              2020 Asian Gaming Power 50: Meet the panel

                                              2020 Asian Gaming Power 50: Meet the panel

                                              2020 Asian Gaming Power 50: Ones to watch

                                              2020 Asian Gaming Power 50 list

                                              2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                                              2020 Asian Gaming Power 50: Number 1 – Francis Lui

                                              2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                                              2020 Asian Gaming Power 50: Number 2 – Sheldon Adelson

                                              Trending Tags

                                              • 中文
                                              • 日本語
                                              No Result
                                              View All Result
                                              IAG
                                              No Result
                                              View All Result

                                              2019 Asian Gaming Power 50: Number 8 – Wilfred Wong

                                              Newsdesk by Newsdesk
                                              Thursday 7 November 2019 at 14:40
                                              2019 Asian Gaming Power 50: Number 29 – John Alexander
                                              23
                                              SHARES
                                              580
                                              VIEWS

                                              EXECUTIVE DIRECTOR, PRESIDENT AND CHIEF OPERATING OFFICER
                                              Sands China Ltd

                                              POWER SCORE: 2,623
                                              POSITION LAST YEAR: 7

                                              CLAIMS TO FAME
                                              • Sands China’s first Chinese president
                                              • Experience in construction and property development
                                              • Well-connected politically

                                              CONSIDERED a politically astute acquisition when he first joined Sands China as President and COO in 2015, Wilfred Wong may well pay his dues and more over the coming years as the company enters into the all-important re-tendering process for a Macau casino license.

                                              While the details of that process are yet to be made public, rest assured Dr Wong will play a key role in any discussions the city’s most prominent casino operator holds with the powers that be both at home in Macau and further abroad in Beijing – particularly given the delicate position the American-owned company faces thanks to the ongoing US-China trade war.

                                              Needless to say, this 67-year-old has connections aplenty. Prior to joining Sands China, Dr Wong held positions in top management at K Wah International Holdings – the parent company of Macau rival Galaxy Entertainment Group – under Lui Che Woo; at Henderson China Holdings, a privately owned, Hong Kong-based company engaged in property development and management in the PRC; at Shui On Group, whose holdings include property development, construction and construction materials in Hong Kong and on the mainland; and at Synergis Holdings, a Hong Kong-listed subsidiary of Hsin Chong specializing in property management and maintenance.

                                              More recently he chaired the board of directors of Hong Kong-based Hsin Chong Construction Group, which was contracted by Sands China on all of its Macau IR projects.

                                              That experience alone has surely come in handy in recent times with Sands having embarked on an ambitious US$2.2 billion transformation of Sands Cotai Central into The Londoner Macao – making it the company’s third themed casino resort alongside The Venetian Macao and The Parisian Macao once complete in 2021.

                                              Meanwhile, under his watch, Sands China has reclaimed its place as Macau market share leader in 2019, with analysts putting its GGR share at 23.2% in 2Q19 ahead of main rival Galaxy at 20.6%. Notably, while the bulk of Macau’s operators lost traction in the quarter due to a range of headwinds – namely the trade war and a slumping Chinese economy – Sands not only held firm but managed to book a small 1.4% increase in revenue to US$2.15 billion and 2.0% increase in Adjusted EBITDA to US$765 million.

                                              Discussing the reasons behind such solidity during a September interview with local broadcaster TDM, Dr Wong pointed to the company’s “mature mass market” segment, stating “we are probably more insulated to many of the VIP segment impacts” than its rivals.

                                              Indeed, 12 years after it opened, The Venetian Macao continues to stand as one of the city’s most popular tourist attractions, while strong growth at The Parisian suggests a similar trend developing next door.

                                              According to Sands China, base win on its mass market tables actually grew 14.7% in 2Q19, pushing the segment’s contribution to the company’s bottom line up from 53% 12 months earlier to 56% this time around.

                                              No wonder The Londoner concept looks so appealing. Fluent in English, Cantonese and Mandarin, Dr Wong understands better than most the importance of broadening Macau’s appeal to the wider Chinese tourist market and the opportunities this can bring long into the future.

                                              For the full list of 2019 Asian Gaming Power 50 winners, click here.

                                              Share9Share2
                                              Newsdesk

                                              Newsdesk

                                              The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

                                              Current Issue

                                              2021: Japan IR – Crunch time

                                              2021: Japan IR – Crunch time

                                              by Andrew W Scott
                                              Thursday 14 January 2021 at 15:41

                                              Owning and operating an integrated resort in Japan remains the undisputed holy grail of the global gaming industry. But introducing...

                                              Big money

                                              by Steve Karoul
                                              Thursday 14 January 2021 at 14:52

                                              “Even in the high tech world of today’s casino operations, sometimes it‘s the simplest solutions that work best” says industry...

                                              In safe hands

                                              In safe hands

                                              by Shintaro Kamimura
                                              Thursday 14 January 2021 at 14:29

                                              IAG sits down with Dr Naoyuki Nishimura, chairman of the Recovery Support Network, to discuss his work assisting pachinko players...

                                              A spirit of social responsibility

                                              A spirit of social responsibility

                                              by Wendi Song
                                              Thursday 14 January 2021 at 13:14

                                              Inside Asian Gaming meets the owners of three local SMEs at Broadway Macau to find out how partnering with Galaxy...

                                              Related Posts

                                              Power restored

                                              Power restored

                                              by Ben Blaschke
                                              Wednesday 2 December 2020 at 12:25

                                              The Parisian Ballroom at The Parisian Macao played host to one of the few industry events of its kind this year – the 2020 Asian Gaming Power 50 Black Tie Gala Dinner. The 13th Asian Gaming Power 50 Black Tie...

                                              2020 Asian Gaming Power 50: Top of the World

                                              2020 Asian Gaming Power 50: Top of the World

                                              by Andrew W Scott
                                              Sunday 8 November 2020 at 20:24

                                              It is now 12 years since Inside Asian Gaming first published the Asian Gaming Power 50, and what a fascinating journey it has been since then. What began in 2008 as a fun and innovative look at those who make...

                                              2020 Asian Gaming Power 50: Meet the panel

                                              2020 Asian Gaming Power 50: Meet the panel

                                              by Newsdesk
                                              Sunday 8 November 2020 at 19:47

                                              Inside Asian Gaming introduces the nine members of this year’s Asian Gaming Power 50 judging panel. ANDREW W SCOTT (JUDGING PANEL CHAIRMAN) Vice Chairman and CEO, Inside Asian Gaming Born in Australia, ANDREW is a gaming industry expert and media...

                                              2020 Asian Gaming Power 50: Ones to watch

                                              2020 Asian Gaming Power 50 list

                                              by Newsdesk
                                              Sunday 8 November 2020 at 18:52

                                              Rank Score Name Title Organization 1 5,914 FRANCIS LUI VICE CHAIRMAN Galaxy Entertainment Group 2 5,900 SHELDON ADELSON CHAIRMAN AND CEO Las Vegas Sands 3 4,159 PANSY HO CO-CHAIRPERSON AND MANAGING DIRECTOR MGM China 4 3,856 LAWRENCE HO CHAIRMAN AND...

                                              IAG

                                              © 2005-2021 Inside Asian Gaming. All rights reserved.

                                              • SUBSCRIBE
                                              • NEWS
                                              • FEATURES
                                              • PEOPLE
                                              • COLUMNISTS
                                              • TECH TALK
                                              • iGAMING
                                              • EVENTS
                                              • MACAU
                                              • JAPAN
                                              • REGIONAL
                                              • POWER 50
                                              • 中文
                                              • 日本語

                                              No Result
                                              View All Result
                                              • 中文
                                              • 日本語
                                              • Subscribe
                                              • News
                                              • Features
                                              • People
                                              • Columnists
                                              • Tech Talk
                                              • iGaming
                                              • Events
                                              • Macau
                                              • Japan
                                              • Regional
                                              • Power 50
                                              • Magazines
                                              • Advertise
                                              • Contact
                                              • About
                                              • 中文
                                              • 日本語

                                              © 2005-2021 Inside Asian Gaming. All rights reserved.