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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, 27 July 2018 06:48

Las Vegas Sands in “pole position” for Japan IR due to MICE track record: Adelson Las Vegas Sands (LVS) Chairman and CEO Sheldon Adelson says his previous experience aiding Japan’s MICE industry gives the company a huge advantage in the race to win one of the three coveted Japanese integrated resort licenses on offer following passage of the IR Implementation Bill last Friday. ...
Friday, 27 July 2018 06:31

Setback for Cotai LRT as court confirms ruling against award of construction contract Macau’s Court of Final Appeal has rejected an appeal by Chief Executive Fernando Chui Sai On against a March ruling from the Court of Second Instance revoking the government’s contract for construction of the Cotai depot of the city’s long-awaited Light Rapid Transit (LRT) system. Delivering ...
Friday, 27 July 2018 06:21

Naga3 likely in the works as NagaCorp hits Macau-like growth: Govertsen The enormous growth in gaming volumes enjoyed by Cambodian integrated resort operator NagaCorp since the launch of Naga2 in November will likely see the company move ahead with plans for a Naga3 expansion sooner rather than later, according to Union Gaming analyst Grant Govertsen. His comments foll...
Friday, 27 July 2018 05:55

Far East Consortium aiming to leverage VIP customer base in new casino segment Hong Kong real estate giant Far East Consortium (FEC) has described the opportunity to introduce its sizeable VIP customer base to its global gaming operations as being behind the decision to invest in gaming operations in Australia and Europe. Outlining the company’s future plans in its 2018 An...
Friday, 27 July 2018 05:00

CEO of Hong Kong blockchain firm Alphaslot speaks at Distributed 2018 conference The CEO of Hong Kong blockchain company Alphaslot, Raymond Chan, spoke at the Distributed 2018 conference in San Francisco last week, sharing his insights into Alphaslot and how it plans to transform casino gaming.  The innovative project, which leverages blockchain technology to tokenize casino g...
Thursday, 26 July 2018 06:33

Macau’s Paradise Entertainment issues positive profit alert Macau’s Paradise Entertainment Ltd has issued a positive profit alert for the six months ended 30 June 2018. In a filing to the Hong Kong Stock Exchange on Wednesday, Paradise said it expects to record a profit for the period, compared with a HK$35 million loss in the first six months of 2017. T...
Thursday, 26 July 2018 05:58

Sands China enjoys strong 2Q18 as all Macau properties surge   • Sands China net revenue up 18% to US$2.11 billion • Venetian Macao leads the way with casino revenue up 25.8% • All Macao properties book 2Q18 increases • Las Vegas Sands books 6.2% group-wide revenue growth • Singapore’s Marina Bay Sands falls 15.5% on slower VIP   ...
Thursday, 26 July 2018 05:49

Genting Singapore incorporates new Japanese subsidiaries Genting Singapore has upped the ante in its pursuit of a Japan casino license by incorporating five new wholly-owned Japanese subsidiaries. In an announcement, the company named the five subsidiaries as Genting Japan Co., Ltd, Genting Tokyo Co., Ltd, Genting Osaka Co., Ltd, Genting Yokohama Co., Lt...
Wednesday, 25 July 2018 19:13

Melco Resorts to launch new City of Dreams junket space in early 2019 By Ben Blaschke Melco Resorts Chairman and CEO Lawrence Ho says the company expects to launch substantial new VIP space at its flagship Macau IR, City of Dreams, by early 2019. Confirmation of the new VIP gaming space, to be located in the second floor expanse formerly occupied by PokerStars LIVE ...
Wednesday, 25 July 2018 19:02

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