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Entertainment to be key to Mohegan’s Korean IR Mohegan Gaming & Entertainment CEO Mario Kontomerkos says the company will be “aggressively trying to expand our non-gaming offerings” at its Korean integrated resort Inspire as it prepares to break ground in 2018. In a lengthy interview in the upcoming June edition of Inside Asian Gaming i...
Friday, 01 June 2018 06:05

All India Gaming Federation establishes advisory panel for skill games The All India Gaming Federation (AIGF) has introduced its new AIGF advisory panel and launched its new skill games charters during this week’s second annual India Gaming Conclave, held in Delhi on Wednesday. The advisory panel will look to complement the efforts of the AIGF in addressing key issu...
Thursday, 31 May 2018 07:07

Galaxy’s Philippines plans in further doubt as Duterte confirms Boracay intentions Philippines President Rodrigo Duterte has cast further doubt over the prospects of Galaxy Entertainment Group’s planned US$500 million Boracay integrated resort after stating on Wednesday that the entire island would be declared a land reform area. Speaking at the Bureau of Customs in Manila, Dut...
Thursday, 31 May 2018 06:47
Galaxy’s Philippines plans in further doubt as Duterte confirms Boracay intentions Philippines President Rodrigo Duterte has cast further doubt over the prospects of Galaxy Entertainment Group’s planned US$500 million Boracay integrated resort after stating on Wednesday that the entire island would be declared a land reform area. Speaking at the Bureau of Customs in Manila, Dut...
Thursday, 31 May 2018 06:47
Galaxy’s Philippines plans in further doubt as Duterte confirms Boracay intentions Philippines President Rodrigo Duterte has cast further doubt over the prospects of Galaxy Entertainment Group’s planned US$500 million Boracay integrated resort after stating on Wednesday that the entire island would be declared a land reform area. Speaking at the Bureau of Customs in Manila, Dut...
Thursday, 31 May 2018 06:47

Galaxy boss says no plans to increase Wynn Resorts stake The Chairman of Macau gaming giant Galaxy Entertainment Group (GEG), Lui Che Woo, says his company has no immediate plans to increase its stake in fellow Macau concessionaire Wynn Resorts, insisting “we’re just here to receive dividends.” However, he hinted that the presence of Elaine Wynn as...
Thursday, 31 May 2018 06:23

Success Universe Chairman boosts company stake by 19.42% The Chairman and majority shareholder of Macau casino operator Success Universe, Sonny Yeung, has increased his stake in the company from 52.10% to more than 70% after acquiring the entire shareholding of Japanese pachinko giant Maruhan Co Ltd. Success Universe owns and operates Macau peninsula int...
Thursday, 31 May 2018 05:52

Macau 5 and 4 star hotel occupancy over 91% in April Over 1.1 million guests stayed at hotels and guesthouses in Macau in April, up 7.6% year-on-year, with an average occupancy rate of 88.9%. The figures included a 91.9% occupancy rate in Macau’s 5-star and 4-star hotels, up 2.1 percentage points on April 2017. The overall occupancy rate for the mon...
Thursday, 31 May 2018 05:35

Macau MICE industry loses steam in 1Q18 The first three months of 2018 saw fewer MICE (Meetings, Incentives, Conferences and Exhibitions) events in Macau than during the same period last year, partially compensated by an increase in the number of visitors, Macau’s Statistics and Census Service (DSEC) revealed on Wednesday. There were a...
Thursday, 31 May 2018 05:28

Macau’s hospitality industry manpower base expands in 1Q18 Full-time employees in local hotels increased 4.8% year-on-year to over 57,000 in the first quarter of 2018, while domestic restaurants had 26,810 full-time employees in the same period, up 7.3% year-on-year, according to the latest survey on Manpower Needs and Wages released by the Macau Statistics...
Wednesday, 30 May 2018 06:14

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