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Daily News

VIDEO: Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week.
Friday, 10 August 2018 07:02

Resorts World Sentosa wins SG$10 million court case against high roller Singapore’s high court has ruled in favor of Resorts World Sentosa (RWS) in a case against a Malaysian businessman who was trying to void SG$5.9 million in outstanding debt. Lee Fook Kheun had argued that a series of credit deals he signed with RWS over the course of three days in 2010 were inval...
Friday, 10 August 2018 06:42

PAGCOR to cancel Landing gaming license if land lease found to be invalid Philippines gaming regulator PAGCOR says Landing International Development’s provisional gaming license will only stand if its land lease deal signed with Nayong Pilipino Foundation is found to be valid. The regulator’s comment came three days after Philippines President Rodrigo Duterte fired t...
Friday, 10 August 2018 06:25

Crown Melbourne drives strong VIP recovery for Crown Resorts in FY18. Predictions of a quick rebound in the VIP segment for Australian casino operator Crown Resorts have come to fruition with VIP turnover in FY18 climbing 54.5% to AU$51.5 billion. The results still lag some way behind the AU$65.1 billion in turnover Crown booked for FY16 but represent a considerable ...
Thursday, 09 August 2018 20:07

Revenue falling for Korea’s only locals casino Kangwon Land Kangwon Land, the only casino in Korea where locals can legally gamble, saw its net sales fall 9.2% year-on-year and 10.5% sequentially in 2Q18 to KRW338.7 billion (US$301.6 million). The decline included falling revenue in both gaming and non-gaming segments, with gaming revenue down 9.1% year-on-...
Thursday, 09 August 2018 18:49

Okada Manila operator Tiger Resort, Leisure and Entertainment to go public in 2019 Universal Entertainment Group is preparing to take its wholly-owned subsidiary Tiger Resort, Leisure and Entertainment, Inc (TRLEI) – operator of Okada Manila – public. The Japanese gaming firm confirmed its intentions in its 1H18 earnings release on Thursday, declaring that TRLEI will be liste...
Thursday, 09 August 2018 17:57

AIGF launches Skill Games Charters to regulate India’s skill gaming industry The All India Gaming Federation (AIGF), an apex body for gaming in India, has launched its Skill Games Charters in a move aimed to help regulate the country’s skill gaming sector. The AIGF Skill Games Charters lays down certain ground rules for its own members and members to be in terms of legali...
Thursday, 09 August 2018 06:49

Uncertainty abounds as Landing says Duterte laid foundations for Manila land deal Uncertainty over the future of Landing International Development’s planned US$1.5 billion Manila integrated resort has been further clouded by the company’s assertion that it was Philippines President Rodrigo Duterte himself who guided them to the plot of land they are now fighting to retain. L...
Thursday, 09 August 2018 06:25

Record mass performance helps Bloomberry 2Q18 growth after bad luck in VIP Bloomberry Resorts Corporation continued its recent surge in 2Q18, recording a new all-time high for quarterly mass table drop and EGM coin-in at flagship property Solaire. But the company’s net profit took a hit due to low VIP hold and a significant loss at its Jeju Sun Hotel & Casino in Kor...
Wednesday, 08 August 2018 18:37

Early signs positive for Tabcorp as Tatts merger spurs FY18 growth The December 2017 merger between Australian gaming giants Tabcorp Holdings and Tatts Group saw Tabcorp’s revenue for the year ended 30 June 2018 climb 71.7% to AU$3.8 billion in what Managing Director and CEO David Attenborough describes as a “company-defining year.” The merger, bringing toge...
Wednesday, 08 August 2018 14:22

What's new

Macau’s GGR on track to exceed August expectations

Macau’s GGR on track to exceed August expectations Strong summer seasonality has prompted a better than expected start to the month for Macau’s gaming operators, with August GGR tracking 8% higher than in July and 20% higher than the same month in 2017 according to brokerage Sanford C Bernstein. In a Monday note, analysts Vitaly Umansky, Zhen Gon... Tuesday, 14 August 2018 05:38

The Stars Group’s global expansion drives 34.8% revenue boost in 2Q18

The Stars Group’s global expansion drives 34.8% revenue boost in 2Q18 Online poker and gaming operator The Stars Group has reported a 34.8% increase in consolidated revenue to US$411.5 million for the three months to 30 June 2018, boosted by its recent push into the Australian sports betting scene via the acquisitions of CrownBet Holdings Pty Limited and William Hill ... Tuesday, 14 August 2018 05:37

Australasian Gaming Expo kicks off today

Australasian Gaming Expo kicks off today The 2018 Australasian Gaming Expo kicks off today, with more than 200 exhibitors from across the gaming industry gathering at Sydney’s International Convention Centre (ICC). This year’s exhibition represents the second year that AGE has been held at the spectacular new ICC, which opened in 2017... Tuesday, 14 August 2018 05:36

Singapore’s Wilson Lim wins biggest ever APPT Manila

Singapore’s Wilson Lim wins biggest ever APPT Manila Singapore’s Wilson Lim has won the biggest APPT Manila in history, overcoming a field of 1,364 main event players to claim the title and its Php12.97 million top prize. Lim also won a PSPC Platinum Pass, worth US$30,000, to the PokerStars Players Championship in the Bahamas in January. Incredibl... Tuesday, 14 August 2018 05:33

Current Issue

OZ VIP: A new dawn

OZ VIP: A new dawn It has taken just 12 months for Australia’s VIP turnover to rebound following the arrests of 19 Crown Resorts employees in China in October 2016, but the balance of power between Australian operators has shifted dramatically in the process. By Ben Blaschke   Just 12 months after the release of... Sunday, 29 July 2018 22:32

Waiting for Garapan

Waiting for Garapan Imperial Pacific says it will miss another deadline for completing its Saipan casino hotel, and there’s no consensus on a completion date. Meanwhile, VIP roll and trade receivable numbers soar. By Muhammad Cohen   Imperial Pacific International continues to excel at manythings. Its monopoly ca... Sunday, 29 July 2018 22:27

License to thrill: How casino re-tendering will shape Macau’s future

License to thrill: How casino re-tendering will shape Macau’s future Professor Glenn McCartney takes a look at the impending Macau casino re-tendering process and why the government’s criteria for issuing licenses will shape the city’s tourism future. By Professor Glenn McCartney   Macau’s casino concession and sub-concession contracts will all end in a few... Sunday, 29 July 2018 22:21

Making live online gaming a reality

Making live online gaming a reality Latency has long been the ultimate challenge for online gaming operators in their quest to provide a quality product, but a new open framework technology could prove to be a game-changer. By Jaheer Abbas | Senior Director, SEA & India at Limelight Networks   It’s hard to imagine that onlin... Sunday, 29 July 2018 22:09