Revenues rise 3% in 4Q19 as mass market growth gives Melco positive momentum
Melco Resorts & Entertainment announced total operating revenues of US$1.45 billion in the three months to 31 December 2019, a 3% increase over the prior year period thanks to strong mass market growth across all properties. The company’s mass performance...
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Inside Asian Gaming named Asian Lead Media Partner for inaugural SiGMA Manila
Inside Asian Gaming (IAG) has announced that it has been named Asian Lead Media Partner for the inaugural SiGMA Manila trade show and conference, to be held at SMX Convention Centre, Manila, on 8 and 9 June 2020. SiGMA Manila, held...
Universal falls back into loss in 2019 despite higher sales in pachinko, IR segments
Japan’s Universal Entertainment Corp reported a 34.0% increase in net sales to JPY 124.94 billion (US$1.14 billion) in 2019, but it wasn’t enough to stay in profit as the company slipped from a net income attributable to owners of the...
Casino Filipino in Tagaytay undergoing safety checks after Philippines volcano eruption
PAGCOR’s Casino Filipino in Tagaytay remains closed almost five weeks after the Taal Volcano eruption, the Philippines gaming regulator has revealed. PAGCOR announced in early January that the property would be temporarily closed due to the threat of further eruptions,...
Bad luck subdues Okada Manila gaming revenue in January
Philippines integrated resort Okada Manila reported gross gaming revenue of Php3.84 billion (US$76 million) in January, almost identical with the same period in 2019 despite strong volume growth across all gaming segments. According to figures published by parent company Universal...
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PAGCOR on track to triple POGO income in 2020: Domingo
The chair of Philippines gaming regulator PAGCOR says the government is on track to triple the amount of income earned from Philippine Offshore Gaming Operators (POGO) in 2020 after a strong start to the year in January. Speaking at the...
Philippine health officials to increase Coronavirus inspections, education of POGOs
The head of the Parañaque City Health Office says Philippine Offshore Gaming Operators (POGO) have agreed to implement heightened health and safety measures, including access for regular inspections by local authorities, following the death of a 44-year-old Chinese national on...
Japan Gaming Congress to become part of ICE Asia
The Japan Gaming Congress will no longer be held in Tokyo this year, with organizer Clarion Events announcing on Monday that the annual conference will instead form part of ICE Asia and SiGMA Asia, to be held in Manila on...
