Scientific Game

Daily News

2018 WSOP Europe dates announced Fresh off the inaugural WSOP Europe in Rozvadov last year, the event returns to the Czech Republic town from 9 October to 2 November 2018 with 10 WSOP gold bracelets events, including the €5 million guaranteed Main Event, a €5 million guaranteed High Roller and €3 million more in guarantees. ...
Tuesday, 12 June 2018 06:26

End of an era with Dr Stanley Ho to retire from SJM today A slice of Macau’s history will come to an end today when Dr Stanley Ho – the man who held a monopoly on the city’s gaming industry for 40 years – officially steps down as Chairman and Executive Director of SJM Holdings. The company announced last month that Dr Ho, 96, will stand down from ...
Tuesday, 12 June 2018 06:13

Union Pay crackdown to have minimal impact on Macau operators: report Financial services firm Morgan Stanley predicts that the recent crackdown on the use of Union Pay POS terminals in Macau pawnshops will have minimal impact on operators, despite figures showing that Premium Mass – the segment that relies most heavily on Union Pay – now accounts for 23% of the...
Tuesday, 12 June 2018 05:52

Grand Korea Leisure sees May revenue soar as Korean operators enjoy rebound Korea’s government-run foreigners-only casino operator, Grand Korea Leisure (GKL), saw casino sales jump 16.7% year-on-year in May on the back of strong results from table games. Casino sales reached KRW40.6 billion (US$37.9 million) for the month, up from KRW35.8 billion in May 2017 and represen...
Tuesday, 12 June 2018 05:29

Byron Yip appointed Okada Manila COO, grand opening set for autumn By Muhammad Cohen and Ben Blaschke Former Deutsche Bank and Union Gaming banker Byron Yip has been appointed Chief Operating Officer of Okada Manila, Inside Asian Gaming has learned. Yip, who has also joined the board of directors of Okada Manila operator Tiger Resort Leisure and Entertainment Inc...
Monday, 11 June 2018 20:04

Imperial Pacific sues Bloomberg over Saipan reports Imperial Pacific International (IPI) has launched legal action in Hong Kong against media giant Bloomberg and two of its reporters over a series of articles that have been highly critical of the company’s operations in Saipan. According to a report by local newspaper Marianas Variety, the High Co...
Monday, 11 June 2018 07:02

Melco Resorts to open temporary Cyprus casino on 28 June as ground broken on IR Melco Resorts & Entertainment has announced that it will launch its temporary Cyprus casino on 28 June 2018 after breaking ground on the nation’s first integrated resort, City of Dreams Mediterranean, on Friday. The temporary facility, currently being built on a small parcel of land not far f...
Monday, 11 June 2018 06:48

LDP delays passage of Japan’s IR bill to boost hopes in Niigata election Japan’s ruling Liberal Democratic Party has delayed passage of the long-awaited IR Implementation Bill in order to avoid any potential backlash against a candidate it backed in Sunday’s gubernatorial election in Niigata Prefecture. Independent candidate Hideyo Hanazumi won a closely fought elec...
Monday, 11 June 2018 06:26

International Entertainment Corp flags HK$75 million losses Hong Kong-based gaming investor International Entertainment Corp (IEC) has issued a profit warning for the 12 months to 31 March 2018, revealing that it expects to record total losses of almost HK$75 million. In a filing to the Hong Kong Stock Exchange, IEC said it expected to record losses “of n...
Monday, 11 June 2018 06:04

Australia’s Tabcorp looking to exit Sun Bets UK sportsbook deal amid big losses Australian gaming giant Tabcorp Holdings Limited has revealed that it is in discussions with joint venture partner News UK to exit its agreement to operate online sportsbook Sun Bets. Tabcorp confirmed recent rumors that it is looking for a way out in a Friday announcement, stating, “These discus...
Monday, 11 June 2018 05:49

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