Scientific Game

Daily News

MGM Resorts declares US$1 billion senior notes offering MGM Resorts International has proposed a public offering of US$1 billion in aggregate principal amount of 5.750% senior notes due 2025.   In an early Friday announcement local time, MGM said that the company intends to use the net proceeds from the offering of the notes for “general corporate ...
Friday, 15 June 2018 05:48

Former Deputy Commissioner named as “main plunderer” in Jack Lam bribery scandal Former Deputy Commissioner of the Philippines Bureau of Immigration Al Argosino has been named as the “main plunderer” in the bribery case that led to former Macau gaming tycoon Jack Lam being issued with an arrest order in late 2016. As reported by Rappler, Argosino was named as the central fi...
Thursday, 14 June 2018 07:16

CrownBet to be rebranded Sportingbet as old Australian favorite returns Australian online sportsbook CrownBet is set to bring the Sportingbet brand back to life after filing an application to reserve the name with the Australian Securities and Investments Commission, according to local media reports. Sportingbet was one of the country’s leading online sportsbooks bef...
Thursday, 14 June 2018 06:16

IGT dips toe into social gaming Global gaming giant IGT is making its first major foray into social casino gaming after signing a patent cross-license agreement with FlowPlay, Inc, a developer and publisher of community-based online social games. Under the agreement, FlowPlay can develop games including patented game features fro...
Thursday, 14 June 2018 05:40

APT puts Macau setback behind to ink new CoinPoker sponsorship deal The Asian Poker Tour has announced a new sponsorship deal with online cryptocurrency poker site CoinPoker that will see players offered the chance to qualify for APT events online. As part of the deal, which will be in place for the first time at the upcoming APT Korea-Seoul event at Paradise Walke...
Wednesday, 13 June 2018 11:23

Daisy Ho appointed new Chairman of SJM Holdings Macau concessionaire SJM Holdings has confirmed Daisy Ho as the new Chairman of the company following the retirement of her father and Macau gaming kingpin Stanley Ho on Tuesday. Dr Ho – whose company STDM, the parent company of SJM, held a 40-year monopoly on casino gaming in Macau before libera...
Wednesday, 13 June 2018 06:04

Japan IR bill likely delayed after opposition targets house Chairman The Lower House vote on Japan’s IR Implementation Bill looks set to be delayed until next week after the country’s leading opposition parties submitted a motion to dismiss the Chairman of the House of Representatives Cabinet Committee, Daishiro Yamagiwa. The motion was put forward late Tuesday ...
Wednesday, 13 June 2018 05:47

Donaco granted second injunction after Star Vegas land owner threatens lease termination Donaco International Limited has been granted a new injunction against the three vendors of its Star Vegas business in Poipet – who also own the land upon which the casino resort sits – after they threatened to terminate Donaco’s 50-year lease. In an update on the company’s ongoing legal ba...
Tuesday, 12 June 2018 16:21

Silver Heritage finds new Nepal partner Australian-listed Silver Heritage Group, which owns and operates Tiger Palace Resort Bhairahawa in southern Nepal, has announced Tiger Kathmandu Investment Pvt Ltd (TKI) as its new Nepal partner after reaching a final settlement with former partner Rajendra Bajgain. Under the terms of the settlemen...
Tuesday, 12 June 2018 15:19

Melco Resorts sponsors televised public service video promoting responsible gaming culture in Macau Macau casino operator Melco Resorts & Entertainment Limited has announced the debut of a Melco-sponsored public service video, to be aired on local television station Teledifusão de Macau (TDM) from today, promoting responsible gambling in Macau. The film, titled “...
Tuesday, 12 June 2018 07:03

What's new

Vietnam police crack second illegal online gambling ring

Vietnam police crack second illegal online gambling ring Vietnam police have cracked a major online gambling ring which attracted bets of more than US$26 million from Vietnamese players. According to a report in VnExpress, a website named 12bet was at the center of the illegal ring offering sports betting, online casino games and lottery products. Polic... Monday, 25 June 2018 06:24

International Entertainment Corp looks to broaden horizons after increased 2018 losses

International Entertainment Corp looks to broaden horizons after increased 2018 losses Hong Kong-listed International Entertainment Corporation (IEC) has touted diversification of its business through new gaming and sports related opportunities as the way forward after announcing losses of HK$67.3 million for the year ended 31 March 2018. The loss represents a 61.0% increase on the c... Monday, 25 June 2018 05:53

Macau visitor arrivals up 5.2% in May

Macau visitor arrivals up 5.2% in May Macau attracted 2,704,745 visitors in May, an 8.7% decline on April numbers but up 5.2% year-on-year according to figures released by the Statistics and Census Service (DSEC). The sequential fall has been attributed to one less weekend in the calendar month compared to 2017 due to the golden week w... Monday, 25 June 2018 05:49

Macau GGR on track to soar in June and beyond after slow May: analysts

Macau GGR on track to soar in June and beyond after slow May: analysts Macau’s June gross gaming revenue is on target to grow 20% compared to the same period last year, buoyed by the annual dragon boat festival and the opening of Morpheus at City of Dreams, according to financial services firm Morgan Stanley. In a Friday note addressing weaker than anticipated mass ... Monday, 25 June 2018 05:40

Current Issue

Tribal Ambition

Tribal Ambition By Muhammad Cohen and Ben Blaschke   Mohegan Gaming and Entertainment CEO Mario Kontomerkos believes the Native American casino operator has two aces in the hole for Japan, especially when it comes to the so-called regional markets beyond major areas. In his presentation at last month’s Japan ... Monday, 04 June 2018 20:55

Social Gathering

Social Gathering By Shaun McCamley   Social casino gaming is booming. In 2017, the global social gaming industry generated a whopping US$106 billion in revenues, with the social casino segment generating US$4.5 billion in revenues. Not surprisingly China, Japan and Korea generated 90% of the games revenue in the... Monday, 04 June 2018 20:44

Redefining Tourism

Redefining Tourism By Muhammad Cohen   In an era when tourism constitutes a growing portion of the global economy, integrated resorts present a potent although frequently misunderstood means for growing visitor arrivals and revenue. It’s not simply the casino but their range of attractions that make IRs such powe... Monday, 04 June 2018 20:37

Japan IR Timeline

Japan IR Timeline By Ben Blaschke   What year for Japan’s first IR? It’s a question that continues to divide industry stakeholders, the answer further clouded by the substantial disparity in opinion offered at last month’s Japan Gaming Congress (JgC) in Tokyo. At the nearer end of the scale, members of the... Monday, 04 June 2018 20:27