Scientific Game

Daily News

Moody’s issues Macau with strong “Aa3 stable” rating Credit ratings agency Moody’s Investors Service has issued Macau with a strong “Aa3 stable” rating, citing the absence of government debt and fiscal surpluses as factors supporting the build-up of large fiscal reserves. In a Tuesday release, Moody’s said the stable outlook also reflected Ma...
Wednesday, 06 June 2018 06:07

Bloomberry to break ground on “second Solaire” in mid-2019: Razon Bloomberry Resorts Corp Chairman and founder Enrique Razon Jr says the final design for the company’s second Philippines integrated resort in Quezon City will be finalized by January, with construction to begin in mid-2019. Speaking at the company’s stockholders meeting on Tuesday, Razon also r...
Wednesday, 06 June 2018 05:54

IGT launches Hyper Hits link at MGM COTAI IGT has announced that its new Hyper Hits link slot machine has made its Macau debut at MGM COTAI. MGM COTAI is now home to the first two Hyper Hits games – “Lotus Princess” and “The Golden Bow” – each featuring IGT’s “red ball’ mechanic aimed at heightening player anticipation an...
Wednesday, 06 June 2018 04:56

Renewed Union Pay crackdown as Macau authorities remove Cotai pawnshop terminals Macau authorities have embarked on a new crackdown on the use of Union Pay cards, removing Union Pay POS terminals from pawnshops inside a number of Cotai integrated resorts. According to reports, the crackdown has been implemented by the government in conjunction with ICBC (Macau) and the Bank of ...
Wednesday, 06 June 2018 04:50

Geoff Freeman to stand down as CEO of American Gaming Association Geoff Freeman has announced that he will stand down as President and CEO of the American Gaming Association (AGA) at the end of July – barely two months after seeing the US Supreme Court overturn a nationwide ban on sports betting. Freeman, who became the AGA’s second CEO when appointed in 2013...
Tuesday, 05 June 2018 15:27

Kim Jong-un to ask Trump for US-funded integrated resort in North Korea: reports North Korean leader Kim Jong-un is set to ask the United States to invest in a new casino resort in the Wonsan Special Tourist Zone when he meets US President Donald Trump next week, according to local media reports in North Korea. Kim is said to be eyeing the possibility of building the casino, de...
Tuesday, 05 June 2018 14:19

Caesars to take hotel brands global US casino giant Caesars Entertainment Corporation has announced plans to license four of its iconic hotel brands – Caesars Palace, Flamingo, The Cromwell and The LINQ – to selected strategic partners around the world. The potential branding deals are aimed at expanding the global reach of the c...
Tuesday, 05 June 2018 06:38

Andrew Tan makes way for son Kevin as Alliance Global Group CEO Kevin Tan, the son of Alliance Global Group Chairman Andrew Tan, has been promoted to Chief Executive Officer – taking the next step in his father’s long-term succession plan. Alliance Global Group is the majority stakeholder of Travellers International Hotel Group, which owns and operates Reso...
Tuesday, 05 June 2018 06:13

Saipan to consider casino financial fraud bill A Northern Mariana Islands senator has introduced a bill to prevent financial fraud at Saipan’s Imperial Pacific Resort. Senate Bill 20-98, also known as the “Prevention of Fraudulent Misuse of Financial Instruments in Casino Gaming and Other Transactions Act”, was introduced by Senate Presid...
Tuesday, 05 June 2018 05:56

Daily Fantasy Sports giant DraftKings goes live in Australia The world’s largest Daily Fantasy Sports (DFS) platform, DraftKings, has officially launched operations in Australia. The DFS giant went live and began accepting its first Australian-based customers on Sunday, allowing players to take part in competitions against those from other regulated market...
Tuesday, 05 June 2018 05:42

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