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Japan resorts to generate US$3 billion each per year, Macau protected from impact: Fitch Japan integrated resorts can each expect to generate around US$3 billion in gross gaming revenue annually, according to ratings agency Fitch. But their impact on Macau’s gaming industry will be minimal, with Korea and Russia more likely to feel the effects should the Japanese Diet pass its long-aw...
Thursday, 01 February 2018 19:00

Macau GGR up 36.4% in January, highest growth since 2014 Macau saw its gross gaming revenue soar to MOP$26.26 billion in January, representing a 36.4% increase over January 2017 and the largest year-on-year growth in almost four years (February 2014). The figure exceeded market estimates of 27% growth, with the average daily revenue (ADR) of MOP$847 mil...
Thursday, 01 February 2018 16:42

Pagcor sees 2017 income soar, smashes expectations Philippines gaming regulator Pagcor has announced a 10.91% year-on-year increase in net income for full year 2017 to Php4.95 billion (US$96.3 million), led by a 7.56% increase in income from gaming operations. The final figure exceeds Pagcor’s target income for the year by a massive 234% and foll...
Thursday, 01 February 2018 08:35

MGM Cotai possibly delayed past Chinese New Year: MGTO MGM Cotai may not be open in time for Chinese New Year, with the head of the Macao Government Tourism Office (MGTO) claiming that she can’t guarantee the property will be granted the necessary licenses by 16 February. The comments, from MGTO boss Maria Helena de Senna Fernandes, were made to Maca...
Thursday, 01 February 2018 08:23

Silver Heritage outlines Nepal expansion opportunities Silver Heritage CEO Mike Bolsover says that the company is well positioned to initiate significant expansion plans around its recently opened Nepal integrated resort Tiger Palace should the demand arise, with two separate areas of land set aside for future growth. In an exclusive interview publishe...
Thursday, 01 February 2018 08:10

Genting Hong Kong expecting narrowed 2017 loss Genting Hong Kong has announced that it expects to record a consolidated net loss of between US$240 million and US$270 million for the year ended 31 December 2017, narrowed from a loss of US$537 million in 2016. In a filing to the Hong Kong Stock Exchange, the company attributed its expected loss t...
Thursday, 01 February 2018 07:53

97% of US Super Bowl bets to be placed illegally: AGA The American Gaming Association (AGA) estimates Americans will wager approximately US$4.76 billion on Super Bowl 52 on Sunday, of which 97% will be illegal wagers. In a press release pushing for the federal ban on sports betting – currently being examined by the US Supreme Court, the AGA said t...
Wednesday, 31 January 2018 07:11

Silver Heritage reports record patronage at Tiger Palace Resort in Nepal Australian-listed Silver Heritage Group says its new Nepal integrated resort, Tiger Palace Resort Bhairahawa, enjoyed its busiest day yet last Friday with more than 660 patrons filling the casino and over 120 guests staying overnight in the hotel. The solid visitation numbers coincided with the Indi...
Wednesday, 31 January 2018 07:01

Imperial Pacific to resume Saipan construction after hiring new contractor, Chairman and CEO Imperial Pacific International says it expects to complete its minimum requirement of 250 hotel rooms at Imperial Pacific Resort in Saipan by August after signing an agreement with a new construction company. Pacific Rim, a US-based company with access to US-eligible workers, has begun studying the...
Wednesday, 31 January 2018 06:41

Ourgame says US$66 million acquisitions based on potential over earnings Chinese gaming giant Ourgame Holdings Ltd says the planned RMB425 million (US$66 million) acquisition of three mainland China-based companies engaged in the development of mobile gaming products is based on potential rather than current performance. Outlining the reasons for the outlay in a filing ...
Wednesday, 31 January 2018 06:08

What's new

Inside Asian Gaming takes a look back at the biggest stories of the past week

Inside Asian Gaming takes a look back at the biggest stories of the past week Inside Asian Gaming takes a look back at the biggest stories of the past week Friday, 23 February 2018 06:55

TGG to deploy content on Solaire Resort & Casino’s gaming floor

TGG to deploy content on Solaire Resort & Casino’s gaming floor Hong Kong’s TGG Interactive has announced a deal with Manila’s Solaire Resort & Casino to integrate the Philippines casino operator to its Asian VIP and middle-class focused digital gaming content library on the casino floor. In a press release, TGG said that the successful deployment at So... Friday, 23 February 2018 05:20

Saipan gaming commissioner accuses Macau casinos of not reporting real VIP volumes

Saipan gaming commissioner accuses Macau casinos of not reporting real VIP volumes The Executive Director of the Commonwealth Casino Commission (CCC), the gaming regulatory body of the Northern Mariana Islands, has attributed the comparatively enormous VIP rolling chip volumes running through Imperial Pacific International’s (IPI) Saipan casino to Macau operators failing to repo... Friday, 23 February 2018 05:06

Macau’s Chinese New Year visitation grows 6.5%

Macau’s Chinese New Year visitation grows 6.5% Macau’s visitor arrivals surged by 6.5% year-on-year to more than 960,000 during Chinese New Year, including around 710,000 from mainland China, according to preliminary statistics released by the Macao Government Tourism Office (MGTO). The figures cover the seven days of Spring Festival Golden W... Friday, 23 February 2018 04:27

Current Issue

Design For Profit

Design For Profit Architect Paul Steelman provides his insights into designing the most expensive privately funded buildings on earth and making and breaking trends. By Muhammad Cohen | Editor-at-Large EMINENT casino architect Paul Steelman helped create the Asian gaming boom with the groundbreaking design of Sands... Monday, 29 January 2018 15:11

Climbing the mountain

Climbing the mountain   ASX-listed Silver Heritage Group finally launched hotel and casino operations at its new Tiger Palace Resort Bhairahawa in late 2017, having survived the 2015 earthquake, a fuel blockade on the Nepal-India border and an AU$19 million (US$14.4 million) funding shortage as a result of the delays. ... Monday, 29 January 2018 15:07

Can sportsbooks survive a 1% tax on handle?

Can sportsbooks survive a 1% tax on handle?   The big news coming out of the United States this year is the likely striking down of the federal ban on sports betting. But with many states licking their lips in anticipation of added tax dollars, the sports betting industry may well have another crippling fight on its hands. THE US Supreme C... Monday, 29 January 2018 15:05

Herman Ng:Macau Pioneer

Herman Ng:Macau Pioneer Inside Asian Gaming discovers a bit more about Herman Ng, CEO and Executive Director of Macau-based slot machine services firm Asia Pioneer Entertainment (APE). Ben Blaschke: Can you start by telling us a bit about yourself and your background? Herman Ng: I grew up in Macau and then when I was 16 ... Monday, 29 January 2018 14:52