Scientific Game

Daily News

Macau’s Emperor Entertainment confident in prospects despite 8.1% gaming decline Macau casino operator Emperor Entertainment Hotel Limited, which runs the Grand Emperor Hotel and Inn Hotel Macau, has declared its future prospects bright despite a 7.1% decline in revenue for the year ended 31 March 2018, including an 8.1% fall in revenue from gaming operations. Emperor Entertain...
Thursday, 21 June 2018 05:23

Japan extends Diet session to pass long-awaited IR bill Japan’s lower house has voted to extend the current Diet session until 22 July in order to pass key legislation, including the long-awaited IR Implementation Bill. The IR bill passed through the lower house on Tuesday but was in danger of stalling again with the standard 150-day Diet session orig...
Wednesday, 20 June 2018 18:50

Resorts World Manila to launch the Philippines’ first Ritz-Carlton By Muhammad Cohen Resorts World Manila (RWM) is set to become home to the Philippines’ first Ritz-Carlton. Inside Asian Gaming has learned that as a key part of RWM’s multi-million makeover, the current Maxims hotel is being converted into a Ritz-Carlton with the launch date scheduled for late...
Wednesday, 20 June 2018 06:14

NagaCorp boss increases majority stake NagaCorp CEO Chen Lip Keong has increased his shareholding in the company with the purchase of 5.4 million shares for a total consideration of HK$39.6 million. In a filing to the Hong King Stock Exchange overnight, NagaCorp said that Dr Chen had completed the on-market purchase of the shares, lifti...
Wednesday, 20 June 2018 05:54

PhilWeb adds two new eGames sites to portfolio Philippines gaming services provider PhilWeb Corporation has acquired two PAGCOR eGames sites in Consolacion and Lapu-Lapu City in Cebu through its subsidiary BigGame, Inc. The sites were acquired from Golden Frontier Gaming, PhilWeb announced, for a cash payment of Php2.5 million plus 394,322 comm...
Wednesday, 20 June 2018 05:52

Paradise Entertainment buys 33,000 square feet of Macau warehouse space Macau-based casino operator and electronic gaming machine manufacturer Paradise Entertainment Limited has entered into an agreement to purchase six units of warehouse space on the Macau Peninsula for a total consideration of HK$128.5 million. In a filing to the Hong Kong Stock Exchange, the company...
Tuesday, 19 June 2018 21:17

Hainan casino operations to be met with “harsh reaction” from authorities Any attempts by resorts on the Chinese holiday island of Hainan to launch gambling operations would be met by an “immediate and harsh reaction from authorities” – quashing any theoretical impact on Macau’s casinos. So says Union Gaming’s Head of Equity Asia Research, Grant Govertsen, in r...
Tuesday, 19 June 2018 20:11

Japan’s lower house passes IR Implementation Bill Japan’s casino legislation has taken a giant step forward after the lower house officially passed the IR Implementation Bill on Tuesday, paving the way for the nation’s first integrated resorts. The bill will now head to the upper house where the ruling Liberal Democratic Party will try to pass...
Tuesday, 19 June 2018 16:43

Industry shocked at sudden death of Foxwoods boss Felix Rappaport The gaming industry is in shock this morning following the sudden passing of Foxwoods Resort Casino’s President and CEO Felix Rappaport. Foxwoods and its owners, the Mashantucket Pequot Tribal Nation (MPTN), announced Rappaport’s sudden loss overnight, stating that the cause of death has not ye...
Tuesday, 19 June 2018 07:05

Vietnam operators say no to World Cup betting Vietnam might have passed a bill last week allowing locals to bet on international football but the new law, which comes into affect next year, arrives too late for the current World Cup in Russia amid revelations that not a single betting agent or operator applied for a license under a sports bett...
Tuesday, 19 June 2018 06:54

What's new

Macau Canidrome site to become a land reserve for public facilities

Macau Canidrome site to become a land reserve for public facilities The site of Macau’s Canidrome dog racing track will become a land reserve for public facilities, including education, sport, offices for public departments and service centers, once its current owners officially move out this weekend. In a joint press conference held by the Financial Services Bur... Thursday, 19 July 2018 07:00

PAGCOR found to have underpaid tax, overpaid executives in damning audit report

PAGCOR found to have underpaid tax, overpaid executives in damning audit report Philippines gaming regulator PAGCOR has been accused of granting excessive rewards and allowances to its executive staff while underpaying its mandatory 50% government income share to the tune of Php21.19 billion (US$396 million) since 2011. The revelations form part of the Commission on Audit’s ... Thursday, 19 July 2018 06:44

Melco’s temporary Cyprus casino on the rise after sluggish start

Melco’s temporary Cyprus casino on the rise after sluggish start Melco’s temporary Cyprus gaming facility, Cyprus Casino, has seen attendance start to accelerate in the past week, raising hopes after a sluggish start. The comments were made by Craig Ballantyne, the Property President of Melco’s €550 million City of Dreams Mediterranean integrated resort du... Thursday, 19 July 2018 05:55

Ainsworth revises 2018 profit guidance upwards

Ainsworth revises 2018 profit guidance upwards Australian slot machine developer Ainsworth Game Technology has issued a guidance upgrade ahead of the release of its full year and half-year 2018 results. Ainsworth has revised its expected profit before tax for the six months to 30 June 2018 from around AU$20 million to AU$22.8 million, while ful... Thursday, 19 July 2018 05:43

Current Issue

Moving ahead

Moving ahead A year after the deadly attack at Resorts World Manila, management continues to reinvent the property to recover and meet the challenge from Entertainment City rivals. By Muhammad Cohen | Editor-at-Large   The tragic events of 2 June 2017 at Resorts World Manila sent shock waves across the Phili... Friday, 29 June 2018 01:32

"This is not a drill..." Gaming businesses must plan judiciously for emergencies such as the Resorts World Manila attack, natural disasters and accidents so they can respond effectively when best plans fail. By Muhammad Cohen   Arson at Resorts World Manila a year ago, Typhoon Hato battering Macau last August and the La... Friday, 29 June 2018 01:24

Five signs that your organizational culture is toxic to customer experience

Five signs that your organizational culture is toxic to customer experience IAG explains the importance of company culture in achieving exceptional customer experience and the five signs that your culture might be toxic to your customer goals. By Sudhir H. Kalé, Ph.D.   Numerous studies on customer experience (CX) highlight the crucial role company culture plays in del... Friday, 29 June 2018 01:18

Height of Luxury

Height of Luxury With the opening of its new luxury hotel at City of Dreams in June, Melco Resorts is looking to take control of Macau’s lucrative premium mass segment. By Ben Blaschke   “We’re not just opening a new hotel today, we’re opening a whole new chapter. We’ve built a landmark for Macau and a... Friday, 29 June 2018 01:08