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On the Run by Andrew W Scott, the IAG CEO Vlog

Newsdesk by Newsdesk
Thu 11 May 2023 at 21:25
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Episode 30 of “On the Run” by Andrew W Scott, the IAG CEO Vlog. Andrew talks about his travels around the Asia Pacific region, and provides some commentary on stories published by IAG in the past week, see the links below:

Macau hotel occupancy climbed to 85% during Golden Week holiday period

Morgan Stanley raises 2023 Macau GGR estimates again

Macau’s May GGR run-rate already 31% higher than April levels: JP Morgan

Hong Kong-Macau ferries services rise to 76 sailings per day

Macau government says 5% tax on junket commissions here to stay

Melco reports narrowed US$81 million loss in 1Q23 as Macau recovery underway

Melco expecting 2,000 fewer full-time employees as it looks to retain 25% of COVID cost savings

Wynn’s Macau resorts profitable again in 1Q23 on US$156 million in EBITDAR

Wynn Palace leading Wynn’s recovery due to player mix, peninsula renovations

Dr Wilfred Wong: Macau government currently assessing Sands China’s Q1 tax reduction for attracting foreign players

Sands China’s hotel capacity restored to 90%

Police say Macau hotel murder victim was a gang member killed over money

Bloomberry revenues, profits smash pre-COVID levels in Q1 as Solaire soars

IAG releases Official Video from first-ever Manila After Dark

Japan, Thailand casino advisors named among speakers at G2E Asia in Singapore

Crown Melbourne ordered to implement mandatory carded play, pre-set time and spend limits by December

Korea’s Paradise Co returns to profit in Q1

Mass gaming recovery prompts 59% increase in 1Q23 gaming revenue for Korea’s Kangwon Land

LET Group and subsidiary Summit Ascent terminate US$64 million revolving loan agreement

IGT hails strong EBITDA result in Q1 as global gaming, iGaming segments show strong growth

Light & Wonder books double digit revenue growth in 1Q23, confirms intention to seek ASX listing

Everi revenues up 14% in 1Q23 on growth in Games and FinTech segments

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Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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