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  • NEWS
    The profound impact of Sheldon Adelson

    The profound impact of Sheldon Adelson

    Imperial Pacific to “vigorously defend” exclusive gaming rights on Saipan

    Imperial Pacific taps former Saipan senator to become new CEO

    Macau imposes quarantine restrictions on arrivals from Japan, German, France and Spain

    Foreign visitor arrivals to Japan down 97.7%% year-on-year in December

    Two Landing directors voted out, Chairman Yang sneaks back in

    Jeju authorities track down first accomplice in Landing International theft case

    Amax shareholders approve company name change, mobile games apps sale

    Japan IR contender Oshidori issues positive profit warning on expected US$300 million profit in 2020

    Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

    Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

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    • 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

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      • 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
          Memories of the man that was Sheldon Adelson

          Memories of the man that was Sheldon Adelson

          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?

          Trending Tags

          • TECH TALK
            Creation theory

            Sega Sammy Creation aiming for “maximum fortune” in 2021

            IGT launches new game for its strong performing Ying Cai Shen link

            IGT launches new game for its strong performing Ying Cai Shen link

            Jumbo given GLI certification for new Long Yi Fa jackpot link games

            Jumbo given GLI certification for new Long Yi Fa jackpot link games

            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

            Trending Tags

            • iGAMING
              Live-games integration as an effective marketing tool for increasing bets

              TVBET to enter the Montenegro iGaming market

              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

              Trending Tags

              • EVENTS
                Founders of leading Indian gaming companies among speakers at upcoming SBC Digital India

                Founders of leading Indian gaming companies among speakers at upcoming SBC Digital India

                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

                Trending Tags

                • MACAU
                  The profound impact of Sheldon Adelson

                  The profound impact of Sheldon Adelson

                  Macau: Taking a sensible approach to responsible gaming

                  Galaxy announces one-off Special Payment to eligible staff

                  Creation theory

                  Sega Sammy Creation aiming for “maximum fortune” in 2021

                  Macau GGR falls 70.5% year-on-year in November to MOP$6.75 billion, slightly down versus October

                  Macau visitor numbers increase for seventh straight month in December, 2020 total down 85% year-on-year

                  Analysts agree VIP sector woes to remain for years to come

                  Analysts agree VIP sector woes to remain for years to come

                  IGT launches new game for its strong performing Ying Cai Shen link

                  IGT launches new game for its strong performing Ying Cai Shen link

                  Trending Tags

                  • JAPAN
                    Macau imposes quarantine restrictions on arrivals from Japan, German, France and Spain

                    Foreign visitor arrivals to Japan down 97.7%% year-on-year in December

                    Amax shareholders approve company name change, mobile games apps sale

                    Japan IR contender Oshidori issues positive profit warning on expected US$300 million profit in 2020

                    Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                    Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                    Creation theory

                    Sega Sammy Creation aiming for “maximum fortune” in 2021

                    2021: Japan IR – Crunch time

                    Osaka IR bid included in ordinance for unified Osaka city/prefecture council

                    Boost for Osaka as MGM Resorts opts out of proposal to acquire UK online betting giant Entain PLC

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                      The profound impact of Sheldon Adelson

                      The profound impact of Sheldon Adelson

                      Imperial Pacific to “vigorously defend” exclusive gaming rights on Saipan

                      Imperial Pacific taps former Saipan senator to become new CEO

                      Macau imposes quarantine restrictions on arrivals from Japan, German, France and Spain

                      Foreign visitor arrivals to Japan down 97.7%% year-on-year in December

                      Two Landing directors voted out, Chairman Yang sneaks back in

                      Jeju authorities track down first accomplice in Landing International theft case

                      Amax shareholders approve company name change, mobile games apps sale

                      Japan IR contender Oshidori issues positive profit warning on expected US$300 million profit in 2020

                      Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                      Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                      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

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                        • NEWS
                          The profound impact of Sheldon Adelson

                          The profound impact of Sheldon Adelson

                          Imperial Pacific to “vigorously defend” exclusive gaming rights on Saipan

                          Imperial Pacific taps former Saipan senator to become new CEO

                          Macau imposes quarantine restrictions on arrivals from Japan, German, France and Spain

                          Foreign visitor arrivals to Japan down 97.7%% year-on-year in December

                          Two Landing directors voted out, Chairman Yang sneaks back in

                          Jeju authorities track down first accomplice in Landing International theft case

                          Amax shareholders approve company name change, mobile games apps sale

                          Japan IR contender Oshidori issues positive profit warning on expected US$300 million profit in 2020

                          Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                          Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                          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
                                Memories of the man that was Sheldon Adelson

                                Memories of the man that was Sheldon Adelson

                                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?

                                Trending Tags

                                • TECH TALK
                                  Creation theory

                                  Sega Sammy Creation aiming for “maximum fortune” in 2021

                                  IGT launches new game for its strong performing Ying Cai Shen link

                                  IGT launches new game for its strong performing Ying Cai Shen link

                                  Jumbo given GLI certification for new Long Yi Fa jackpot link games

                                  Jumbo given GLI certification for new Long Yi Fa jackpot link games

                                  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

                                  Trending Tags

                                  • iGAMING
                                    Live-games integration as an effective marketing tool for increasing bets

                                    TVBET to enter the Montenegro iGaming market

                                    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

                                    Trending Tags

                                    • EVENTS
                                      Founders of leading Indian gaming companies among speakers at upcoming SBC Digital India

                                      Founders of leading Indian gaming companies among speakers at upcoming SBC Digital India

                                      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

                                      Trending Tags

                                      • MACAU
                                        The profound impact of Sheldon Adelson

                                        The profound impact of Sheldon Adelson

                                        Macau: Taking a sensible approach to responsible gaming

                                        Galaxy announces one-off Special Payment to eligible staff

                                        Creation theory

                                        Sega Sammy Creation aiming for “maximum fortune” in 2021

                                        Macau GGR falls 70.5% year-on-year in November to MOP$6.75 billion, slightly down versus October

                                        Macau visitor numbers increase for seventh straight month in December, 2020 total down 85% year-on-year

                                        Analysts agree VIP sector woes to remain for years to come

                                        Analysts agree VIP sector woes to remain for years to come

                                        IGT launches new game for its strong performing Ying Cai Shen link

                                        IGT launches new game for its strong performing Ying Cai Shen link

                                        Trending Tags

                                        • JAPAN
                                          Macau imposes quarantine restrictions on arrivals from Japan, German, France and Spain

                                          Foreign visitor arrivals to Japan down 97.7%% year-on-year in December

                                          Amax shareholders approve company name change, mobile games apps sale

                                          Japan IR contender Oshidori issues positive profit warning on expected US$300 million profit in 2020

                                          Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                                          Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                                          Creation theory

                                          Sega Sammy Creation aiming for “maximum fortune” in 2021

                                          2021: Japan IR – Crunch time

                                          Osaka IR bid included in ordinance for unified Osaka city/prefecture council

                                          Boost for Osaka as MGM Resorts opts out of proposal to acquire UK online betting giant Entain PLC

                                          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
                                            The profound impact of Sheldon Adelson

                                            The profound impact of Sheldon Adelson

                                            Imperial Pacific to “vigorously defend” exclusive gaming rights on Saipan

                                            Imperial Pacific taps former Saipan senator to become new CEO

                                            Macau imposes quarantine restrictions on arrivals from Japan, German, France and Spain

                                            Foreign visitor arrivals to Japan down 97.7%% year-on-year in December

                                            Two Landing directors voted out, Chairman Yang sneaks back in

                                            Jeju authorities track down first accomplice in Landing International theft case

                                            Amax shareholders approve company name change, mobile games apps sale

                                            Japan IR contender Oshidori issues positive profit warning on expected US$300 million profit in 2020

                                            Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                                            Osaka Mayor Matsui calls for Tokyo Olympic Games to be postponed until 2024

                                            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

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                                              Melco shows intent to boost holding as operating entity of Macau’s Studio City reveals US$500 million fund raising offer

                                              Ben Blaschke by Ben Blaschke
                                              Wednesday 8 July 2020 at 06:45
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                                              Studio City International Holdings Ltd (SCIHL), the operating entity of Macau integrated resort Studio City, has announced the commencement of a series of private placements that will see it receive proceeds of between US$450 million and US$500 million.

                                              The private placements, which will see Class A Shares offered at a price of US$3.89 per share to existing shareholders who hold around 99% of issued share capital between them, would not only boost equity for SCIHL in the face of COVID-19 but may also result in Melco Resorts & Entertainment further increasing its majority stake in the company.

                                              RelatedPosts

                                              Studio City prices senior notes offering at US$750 million

                                              Wednesday 6 January 2021 at 03:40
                                              Studio City Exterior

                                              Studio City to conduct notes offering for Phase 2 development as GGR shows some 4Q20 improvement

                                              Tuesday 5 January 2021 at 04:55

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                                              Friday 18 December 2020 at 04:30
                                              Studio City Finance announces proposed Senior Notes Offering and Conditional Tender Offer

                                              Melco’s Kevin Benning takes over as Studio City head, Geoff Andres returning to Manila

                                              Friday 11 December 2020 at 04:08
                                              Load More

                                              Melco holds a 54.1% interest in Studio City via its wholly-owned subsidiary MCO Cotai, while US hedge fund-backed New Cotai Holdings and its affiliates currently hold a 36.31% stake according to an overnight Melco filing.

                                              While it is not yet clear whether New Cotai itself will purchase offered shares, Melco Resorts said it will “purchase all the Class A Shares offered to it in the Class A Private Placements and, in addition, has indicated it will purchase the maximum number of Unsubscribed Securities available for its purchase under the terms of the Private Placements to the extent offered to it by SCIHL.”

                                              Melco has previously indicated its desire to take full control of SCIHL, originally founded in 2006 as a 60-40 joint venture with New Cotai.

                                              However, SCIHL also announced overnight that as part of the private placements, New Cotai would be offered the right to acquire an additional participation interest in one if its subsidiaries, MSC Cotai, at a price equivalent to the price of Class A Private Placement Shares. MSC Cotai is the entity currently holding all assets and liabilities of SCIHL.

                                              Tags: MCO CotaiMelco ResortsNew Cotai HoldingsPrivate PlacementsharesStudio CityStudio City International Holdings
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                                              Ben Blaschke

                                              Ben Blaschke

                                              A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

                                              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

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                                              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

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                                              Thursday 14 January 2021 at 13:14

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                                              The profound impact of Sheldon Adelson

                                              The profound impact of Sheldon Adelson

                                              by Newsdesk
                                              Thursday 21 January 2021 at 06:45

                                              Inside Asian Gaming Vice Chairman and CEO Andrew W Scott spent countless hours in Las Vegas during his years as a professional blackjack player, many of them at properties owned by Sheldon Adelson. In this video he gives his take...

                                              Imperial Pacific to “vigorously defend” exclusive gaming rights on Saipan

                                              Imperial Pacific taps former Saipan senator to become new CEO

                                              by Newsdesk
                                              Thursday 21 January 2021 at 06:11

                                              Embattled casino operator Imperial Pacific International (CNMI) LLC is eying former Saipan senator Ray N. Yumul to become its new Chief Executive Officer following the sudden departure of Donald Browne last month. Browne, who was only appointed CEO in July...

                                              Macau imposes quarantine restrictions on arrivals from Japan, German, France and Spain

                                              Foreign visitor arrivals to Japan down 97.7%% year-on-year in December

                                              by Shintaro Kamimura
                                              Thursday 21 January 2021 at 05:55

                                              The number of foreign visitors arriving in Japan in December fell 97.7% year-on-year to just 58,700, the 15th consecutive month of annual declines according to figures from the Japan National Tourism Organization. The December figures took the total number of...

                                              Two Landing directors voted out, Chairman Yang sneaks back in

                                              Jeju authorities track down first accomplice in Landing International theft case

                                              by Newsdesk
                                              Thursday 21 January 2021 at 05:31

                                              Jeju’s provincial police agency says it has apprehended one of three people alleged to be involved in the theft of KRW14.56 billion (US$13.4 million) from Landing International Development Ltd’s Landing Casino at Jeju Shinhwa World. According to Yonhap News Agency,...

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