Melco Crown Entertainment Ltd. said last week its third-quarter loss narrowed on more business from high-roller gamblers.
The net loss shrank to USD21.1 million or 1.6 cents a share, from a loss of USD45.2 million or 3.7 cents, a year earlier, the Hong Kong-based company said in a regulatory statement. Net revenue more than doubled to USD295.2 million.
It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...
Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...
The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...
Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...
Asset management giant Apollo announced overnight that it has completed the acquisition of FinTech firm Everi Holdings and the Gaming and Digital businesses of International Game Technology (IGT). The two companies will be combined into a single enterprise operating under...
Aristocrat Gaming has been granted the rights to develop MONOPOLY-branded slot games following the completion of a competitive RFP process, the company has revealed. The multi-year partnership with board game giant owner of the MONOPOLY brand Hasbro will come into...
Macau Legend Development Ltd, owner and operator of Legend Palace and the Macau Fisherman’s Wharf precinct, says it has reached an agreement with lenders to defer payments on loans amounting to almost HK$2.1 billion (US$268 million) until late 2026, as...
The unexpected resurgence of Macau gaming revenues over the past two months, which culminated in June GGR smashing consensus at 19% year-on-year growth, appears to have been supported by the performance of the high-end gaming segments, according to investment bank...
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