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Daily News

Asia Pioneer Entertainment launches paid intern program with Macau Polytechnic Institute Macau-based electronic gaming equipment supplier Asia Pioneer Entertainment (APE) has launched a paid joint internship program with local higher education facility, Macau Polytechnic Institute. The internship program aims to enable students to gain extensive knowledge in the area of gaming equipmen...
Tuesday, 05 June 2018 05:32

Bloomberry completes Solaire land purchase Philippines casino operator Bloomberry Resorts Corporation has completed the purchase of the two parcels of land upon which its flagship integrated resort, Solaire Resort & Casino, sits in Manila’s Entertainment City precinct. In a Monday announcement, Bloomberry revealed that its subsidiary,...
Monday, 04 June 2018 19:42

Lawrence Ho open to City of Dreams Manila expansion Melco Resorts & Entertainment Chairman Lawrence Ho says he is open to expanding the company’s Philippines integrated resort, City of Dreams Manila, onto vacant land alongside the property owned by its local partner Belle Corp. His comments come after Belle Corp revealed in April that it had s...
Monday, 04 June 2018 06:08

Fitch Ratings declares stable outlook for MGM on improved portfolio, MGM Cotai ramp Ratings agency Fitch has declared a “Stable” outlook for MGM Resorts and its subsidiary MGM China – pointing to improved geographic diversification including benefits to be gained from the opening of MGM Cotai as positives for the company. Fitch Ratings revealed MGM’s updated long-term Issu...
Monday, 04 June 2018 05:44

Donaco wins freezing order extension against Thai vendors Australian-listed Donaco International Limited has been granted an extension to an injunction issued by the Supreme Court of New South Wales in early April to freeze shares held by the Thai vendors of its Star Vegas casino resort in Cambodia. In a Friday filing to the Australian Securities Exchange...
Sunday, 03 June 2018 10:30

Macau’s gaming tax revenue soars through April The Macau government raised MOP$35.5 billion in direct gaming taxes through the first four months of the year, an 18.0% increase over the same period in 2017 according to latest figures from the Financial Services Bureau. The taxes include MOP$11.9 billion in April, up 28.0% on April 2017, with the...
Sunday, 03 June 2018 10:21

Macau GGR up 12.1% in May but mass weaker Macau’s gaming revenue grew 12.1% year-on-year in May to MOP$25.5 billion. The figure represents 22 consecutive months of GGR growth for Asia’s gaming hub despite coming in slightly below consensus on the back of weaker mass. It was also marginally down on the MOP$25.7 billion in revenue Macau...
Sunday, 03 June 2018 06:54

Japan ROI to take longer than other Asian IRs: Lawrence Ho Macau gaming mogul Lawrence Ho is predicting that operators of Japan’s first integrated resorts will have to wait longer than usual to recoup their expenditure, suggesting a timeframe of more than five years for payback. The Chairman and CEO of Melco Resorts & Entertainment outlined his expe...
Friday, 01 June 2018 07:26

Community support pushing Chiba’s IR hopes forward Increasing support from the local community has the Japanese prefecture of Chiba attracting increasing attention as a potential home for one of the country’s first integrated resorts, according to a new report by Bloomberg. The news agency is reporting that the backing of local residents is one o...
Friday, 01 June 2018 07:24

VIDEO: Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week.
Friday, 01 June 2018 06:57

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 May golden we... 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