03 billion) in the third quarter, a slight increase from PHP56. The. Macau recorded a total of 17. 0 billion and US$1. Deutsche Bank ups Macau 2023 GGR forecast after Feb data dlvr. Up to seven UAE casino licences possible: report. “This implies that last week’s run-rate has. The October result took Singapore’s visitor aggregate for the first ten months of this year, to 11. “Aruze has been doing very well in the Philippines, [at] Genting Malaysia, [in] Australia and New Zealand,” he noted, referring secondly to the operator of Malaysia’s only licensed casino resort. Este detergente corta la grasa mejor que todos. Brokerage China International Capital Corporation (CICC) Hong Kong Securities Ltd says the cost of excess headcount at Macau casino operator SJM Holdings Ltd has declined by 12. 0 percent year-on-year, “as a result of higher operating expense and depreciation reflecting higher labour costs and. DigiPlus says ‘no imminent plans’ for Boracay casino. 5 billion (US$1. But the official said the government could not demand the six casino concessionaires to make such salary adjustment. Mohegan Inspire Entertainment Resort, a complex at Incheon, South Korea, is to have a “soft opening” next Thursday, November 30, announced its promoter, the Mohegan Tribal Gaming Authority. Under the new amendment, in scenarios where the setting up of a mainland casino has “grave consequences”, there is a prison penalty of “more than five years, and up to 10 years, along with a fine”. “If the visitor traffic from Hong Kong can resume normal levels by the third quarter next year, I think the Macau government’s estimates of the city receiving 14 million tourist arrivals from both the mainland and Hong Kong is still realistic,” Mr Wu told GGRAsia. The data revealed that the number of. Mohegan Inspire soft opening scheduled for Nov 30. The latest data reported by GGRAsia included the gross gaming revenue generated by the casino industry for the full year 2022. Taiwan-based casino equipment supplier Jumbo Technology Co Ltd is planning to develop more games for the electronic table game (ETG) segment in Macau. Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, reported net profit attributable to shareholders of KRW35. 75 billion, up 14. 23 billion (US$2. The cited request comes as the city fights its most serious Covid-19 outbreak since the pandemic began in early 2020. It was the best monthly performance since January 2020, at the very beginning of the Covid-19 pandemic, when the city’s. A new Manila casino resort (pictured in an artist’s rendering) at the Westside City Project is likely to launch in 2022 at year-end, followed by a “grand opening” of the rest of the resort property in 2023, said on Thursday, Suncity Group Holdings Ltd, in response to an enquiry from GGRAsia. That would be before the national government has published its so-called basic policy on IRs, a milestone likely in the first quarter 2020. The Macau government forecasts the city’s 2024 “income” from casino gaming will be “MOP200 billion” (US$24. Macau’s 2023 tourist-arrival tally is likely to be “over 27 million”, said the Macao Government Tourism Office (MGTO) in a Wednesday email in response to a GGRAsia enquiry. The Macau government collected just above MOP26. 58 million sq. 9 percent of the nearly 3. Such sharp increase would be linked to a strong rebound in the city’s tourism and casino sectors, according to the research. SOFTSWISS Sportsbook saw a 438-percent year-on-year rise in the number of bets in the third quarter, and gross gaming revenue (GGR) up 523 percent from the prior-year period. 33 billion) in fiscal revenue from taxes on gaming in the first half of this year, according to the latest available data, released on Thursday by the city’s Financial Services Bureau. The promoter also organises gaming-industry-related gatherings in North America and Africa. Timber Stacks awards a win when matching symbols land left-to-right on the matrix, with a ‘tumble. Referring to a Friday announcement by the national authorities. The cap for the year ending December 31 has been raised to US$10. That was still 21. Morgan Stanley now expects Macau’s gaming industry EBITDA to reach nearly US$6. 8 percent from the preceding quarter. GGRAsia approached Galaxy Entertainment for comment on the report, but had not received a reply by the time this story went online. 25 (US$4. GGRAsia has also approached the other large-scale casino resorts in Metro Manila, asking them to confirm that gaming is among suspended operations. 8-million] per day of GGR in 2023’s May [Labour Day] Golden Week could serve as a good starting point for previewing into the October one. 72 billion in April. The authorities in the Japanese metropolis of Osaka had confirmed earlier this month that the planned timetable for opening an IR (pictured in an artist’s rendering) had been delayed by one year, and that the initial investment cost would rise by JPY190 billion (US$1. Apr 14, 2023 Newsdesk Japan, Latest News, Top of the deck. 3 percent in the three months to September 30, compared to 29. 4 million declined 4. Mar 20, 2023 Newsdesk Latest News, Rest of Asia, Top of the deck. 60 billion (US$153. Even in the so-called ‘grind’ or ‘base’ mass segment, minimum bets were sometimes as high as HKD3,000 (US$382. (Updated 6. Andaz Macau, the second of the two new hotels in Phase 3 of the Galaxy Macau casino resort, is “expected to fully open all 700 rooms by Chinese New Year [CNY] 2024,” says a Thursday note from CBRE Securities LLC, referring to an important holiday period in mainland China. The. Macau’s September daily run rate for casino gross gaming revenue (GGR) improved by at least 25. Macau’s casino gross gaming revenue (GGR) contracted 3. Singapore RWS 3Q VIP business solid without overpaying: analysts Nov 14, 2023 Newsdesk Latest News, Singapore, Top of the deck The third-quarter VIP gambling business for Genting Singapore Ltd, operator of Resorts World Sentosa (RWS), half of Singapore’s casino duopoly, was “surprisingly solid”, with its rolling chip. 3-acre] property in Boracay island into an integrated casino project”. 15pm,. Games available for the Genesis Crest. Apr 17, 2023 Newsdesk Latest News, Macau, Top of the deck. feet) -capacity Fira de Barcelona, from January 20 to 22, 2025. 1,557 likes · 3 talking about this. Macau’s gross domestic product (GDP) could soar by up to 44. The bureau stated: “In the process of promoting the implementation of non. That represented circa 71 percent of the same period in 2019, during the trading year preceding the Covid 19 pandemic, when the city-state logged 15. in alphabetical order— adds its own flair and style to these game mechanics. The Philippine gaming sector could be “competing with Singapore” for the top gross gaming revenue (GGR) position regionally over the next few years, following a rapid recovery from Covid-19 disruptions, suggests industry consultancy GCG Gaming Advisory Services Pty Ltd. Nov 24, 2023 Newsdesk Latest News, Philippines, Top of the deck . Melco Resorts’ total debt stood at US$7. 01 billion, a rise of 295. Mr Wilson told GGRAsia his firm had been busy in recent years in establishing a presence in Australia. GGRAsia is approaching 26 Capital, seeking comment on the counterclaims made by UE Resorts International Inc and the three other companies. The consultation document made no mention of satellite casinos. This detergent cuts the grease better than all the rest. 51 billion (US$2. 61. , to protect local employment – rather than commercial. The existence of the service was independently verified by GGRAsia, after checks of publicly. Alfastreet opted not to have a stand at the event. They include: fresh Covid-19 outbreaks; slower. 86 million visitor arrivals. ”. Casino games maker Paradise Entertainment Ltd is looking to Southeast Asian markets for placement of its LT Game-branded slot machine products, said the firm’s co-chairman and managing director Jay Chun, in an interview with GGRAsia. Singapore is to introduce a specific offence of “proxy gambling” as part of its new Gambling Control Bill, a piece of legislation that is designed also to consolidate existing betting-related laws for the city-state. A ‘Jin Ji Bao Xi Grand’ entrance from Light & Wonder. 4 percent quarter-on-quarter, through “natural attrition”. Pax volume 66pct of 2019 Golden Week says Macau airport. Philippines poised to be region GGR leader says consultancy. Hokkaido covets ‘green IR’ scheme, says tourism boss. GGRAsia approached Suncity Group on Friday, seeking comment on that report by The Age. Each slot-maker also continues to change the landscape of casinos through. 8 million, Sands China stated in a filing to the Hong Kong Stock. Casino sales rose 38. ”. 7 million, up 138. It could be “2025 or 2026” before Macau International Airport sees 2019, i. 00 million, 3. Lance Gautreaux is the new chief casino officer of Philippine gaming and leisure complex Newport World Resorts. So said Andrew Lo Kai Bong, an executive director of the Hong Kong-listed entity, in comments to. Market-wide casino gross gaming revenue (GGR) in Macau reached MOP12. Casino regulator the Philippine Amusement and Gaming Corp (Pagcor) has confirmed to GGRAsia that some casino resorts in that country have been allowed to reopen “limited to a maximum of 30 percent capacity” and with strict health countermeasures against Covid-19. The City of Dreams (CoD) Mediterranean casino resort (pictured) in the Republic of Cyprus has made 130 employees redundant, and opted not to extend the engagement of 51 probationary staff, the property’s promoter Melco Resorts & Entertainment Ltd has confirmed to GGRAsia. The firm said that was “contrary to some recent media reports”. “The strength in our business has continued in the fourth quarter with mass drop in October, 24 percent above October 2019, 98 percent hotel occupancy, and healthy tenant retail sales,” said the group CEO on the parent’s earnings. The Macau government’s proposed rejig of gambling-credit law is unlikely to have much impact on the city’s existing satellite casinos, said Hoffman Ma Ho Man, one of the bosses of Macau gaming resort Ponte 16, in comments to GGRAsia. The first tourism-related chartered passenger flight in seven years from mainland China to the South Korean holiday destination of Jeju Island, was welcomed on the first weekend of this month. 72 billion) pledged by Sands China Ltd as part of its successful bid for a new 10-year Macau gaming concession that began in January. 9 percent from the prior-year period, said the country’s gaming regulator. Remedy for Macau illicit money swap biz still in review: govt. A loan of up to US$80 million offered to casino operator NagaCorp Ltd from the trust set up by its founder and controlling shareholder Chen Lip Keong, is a “credit positive”, says Moody’s Investors Service Inc, as it would address the 2024 maturity of a company bond. 7 percent sequentially to US$812. There had been 18 satellite casinos in the market as of June-end 2022, so venue-wise the sector has shrunk by circa 40 percent. Macau casino operator Galaxy Entertainment Group Ltd says it is “not considering re-entering Boracay,” in the Philippines, “to develop a resort” there. Aristocrat Gaming is aiming to supply the “lion’s share” of circa 3,000 gaming machines that are likely to enter the Macau casino market per year, said Lloyd Robson, general manager for Asia, in an interview with GGRAsia. (Updated 6. G2E Asia, organised by the American Gaming Association and Reed Exhibitions, had been staged annually in Macau from 2007 and up to 2019. Its 2023 forecast as issued in November had been for above US$19. 8 percent month-on-month, to MOP10. 20 billion, the latter down 16 percent from a previous estimate of. 97 per share to acquire GAN Ltd, an online gaming enterprise offering business-to-business software services in the United States, and business-to-consumer services in Europe and South America. 90 billion. 4 percent from a year earlier. That was because it came amid the backdrop of already-challenging trading. Construction of the Gold Coast Entertainment City project is near completion, said Mr Villar in a group. The venue is the only property in the country allowed to. 25 billion. No draft of such a proposed law has yet been. MGS Entertainment Show, a Macau-based casino industry trade exhibition and conference, starts its 2023 edition today (Tuesday) at Galaxy International Convention Center (GICC), at the Galaxy Macau casino resort. Macau recorded just below 19. WPT confirms Vietnam, Cambodia meetings for 2024 season. The Grand Lisboa Palace casino resort (pictured) in Macau’s Cotai district, promoted by casino operator SJM Holdings Ltd, has launched a foreigner gaming zone, the company has confirmed to GGRAsia in response to our enquiry. 00 billion, up 90. What: GGRAsia, a business-to-business website and newsletter for the Asian casino industry. net dictionary. We additionally asked Suncity Group if it had been approached by the ACIC regarding any matters under investigation by the latter. 55 billion in 2021. 1 million), up 15. Construction of the Gold Coast Entertainment City project is near completion, said Mr Villar in a group. According to the institution, the industry-wide EBITDA margin stood at 29. It is the latest iteration of the firm’s “Jin Ji Bao Xi” game series, and is launching with the “Tiger” and “Phoenix. Fitch highlights a few risks faced by Macau’s casino sector. They see Vietnam’s potential, even as the Asia-Pacific region’s previous high-roller. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. “The government has to deal with it by fast-tracking the transit system. The Okada Manila casino resort in the Philippine capital is offering online gaming for domestic customers in the nation with effect from mid-April. Macau’s GGR for the eight months to August 31 reached MOP114. For other cases, such penalties range from up to five years in prison, plus a fine; to a “controlled release along with a fine”. Nov 15, 2022 Newsdesk Latest News, Macau, Top of the deck. “This is also higher than the current market consensus and the change is mainly due to the. The event is scheduled to take place in Singapore, from August 24 to 26. A memo seen by GGRAsia issued by Macau casino operator Sands China Ltd, said that staff and clients could choose whether or not to mask from Monday onward. Suncity’s. 6 billion (US$820. Casino equipment and online games provider Light & Wonder Inc (L&W) reported revenue of US$731 million for the third quarter of 2023, up 12. It did not specify when she was appointed. An upper court in Guangdong, mainland China, has issued a press release citing what it termed “seven classic cases” about “combatting cross-border gambling crimes”, that had been heard in the. 21 billion, which was the best. 49 billion), 315. L&W posts US$731mln 3Q rev, says gaming sales robust. A Macau junket trade group has submitted a letter to the city’s chief executive, Ho Iat Seng, requesting the government to waive partially an existing levy on commissions paid by casinos to junkets. The MGM China group added that it would be entitled to receive reimbursement from MGM Resorts regarding the costs of the marketing offices, based on the referrals made to the parent’s properties. Nov 24, 2023 . 28 billion) but was up 33. The scheme is said to be partly backed by local hospitality firm Vinpearl Co, part of prominent Vietnam conglomerate Vingroup Co. As part of the brand’s plans and to “effectively control. 55 billion (US$769 million) in full-year 2025. Moody’s estimates that Macau’s market-wide mass-segment GGR will return this year “to about 85 percent” of the 2019 level, and “fully recover in 2024, driven by premium mass customers”. The South Korean government has confirmed to GGRAsia that the promoters of the RFKR Resort casino project at Incheon must restart building work within three months, or the authorities might reconsider the latest 12-month extension on the first-phase deadline. Aside from those events, the name “Suncity” was already featuring in a variety of mainland investigations, GGRAsia has now been able to confirm after a review of official documents. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()China’s move to criminalise any efforts to organise and solicit mainland residents for the purposes of gambling abroad, is “definitely not good news” for Macau’s junket sector, said Luiz Lam Kai Kuong, a veteran Macau junket investor, in comments to GGRAsia. 93 million visitor arrivals in the first nine months of 2023, up 356. The majority of the Macau casino operators is unlikely to resume dividend payment in the near term, suggested JP Morgan Securities (Asia Pacific) Ltd analyst DS Kim in an interview with GGRAsia. 57 billion (US$1. 1 percentage points year-on-year, showed the data. Latest News Lotte Tour first quarterly profit since Dream Tower launch Nov 15, 2023 Newsdesk Latest News, Rest of Asia, Top of the deck The parent of the Jeju Dream Tower casino resort (pictured), on the South Korean holiday island of Jeju, reported net profit of at least KRW300 million (US$226,760) in the three months to September. 80 billion), it said in the 2024 fiscal year budget proposal published on Wednesday. 8 percent from the prior-year period. The new gaming venue, launched in March and branded “Perlas Club”, offers 200 slot machines, as well as six gaming tables for baccarat, roulette, and blackjack, the property’s promoter said in a Monday press release sent to GGRAsia. Nov 10, 2023 Newsdesk Latest News, Top of the deck, World. Nov 07, 2023 Newsdesk Latest News, Singapore, Top of the deck. Nov 13, 2023 Newsdesk Latest News, Singapore, Top of the deck. A veteran promoter of VIP gaming in Macau has confirmed to GGRAsia that “for about six months” he has again been involved in such a business arrangement: in this case with Macau gaming concessionaire MGM China. Hong Kong-listed catering services business Future Bright Holdings Ltd says it has exited an unrealised three-year deal to run a food court at Macau casino operator SJM Holdings Ltd’s Grand Lisboa Palace casino resort in Cotai. “The process will look to review and assess all strategic alternatives which could assist the company in maximising shareholder value. Macau’s September casino GGR stood at MOP14. 72 billion in April. GGRAsia has approached Galaxy Entertainment seeking comment on the addition of a junket at Galaxy Macau, and asking if more junkets would also be hosted at Yinzuan Club. 2 days ago · Macau’s Secretary for Economy and Finance, Lei Wai Nong (pictured, centre), has urged the city’s gaming operators to increase staff salaries in 2024, if the companies have the “conditions” to do so. 54 billion) in Macau in the first three months of 2023, or 59. Macau’s October casino gross gaming revenue (GGR) was up 30. Hoiana, a resort with a foreigner-only casino,near Hoi An in Quang Nam province, and in which Hong Kong-listed Suncity Group Holdings Ltd has an investment, told GGRAsia last week that it would be one of the tourism destinations able to welcome guests from overseas as part of the “vaccine passport programme”. Mar 23, 2023 Newsdesk Latest News, Top of the deck, World. (fatty tissue) a. Macau recorded over 7. 0 percent from 2019 levels, at just below US$1. An entity called Let’s Win Group is hosting a “grand opening ceremony” for what it terms a “club” in the Hoiana Resort & Golf property in Vietnam’s. Sep 29, 2023 Newsdesk Latest News, Trends & Tech. Casino junket operators in Macau will each have to pay a guarantee of MOP1. The “ICE” branding is used by Clarion Gaming for a popular London, United Kingdom event each year. 18,927 followers. Apr 14, 2023 Newsdesk Japan, Latest News, Top of the deck. Read More Guangdong court in reminder on ‘cross-border’ bet crime. The resort’s parent, Japan’s Universal Entertainment Corp, said it had received approval from the Philippine authorities to run in tandem with its bricks and mortar casino (pictured), a total of. 05 billion, with industry-wide net profit at US$2. MGS Entertainment Show, a Macau-based casino industry trade exhibition and conference, starts its 2023 edition today (Tuesday) at Galaxy International Convention Center (GICC), at the Galaxy Macau casino resort. The foreigner-gambling area in the Cotai resort is located in “Dragon Pavilion”, a premium gaming area within the. The authorities in Japan’s Nagasaki prefecture have told GGRAsia they have no information yet on the timing of the national government’s decision regarding their application to host an integrated resort (IR) with casino. The chairman of Hong Kong-listed Cambodian casino operator NagaCorp Ltd has told GGRAsia the firm is “pleased” that a “a reasonable approach continues with the new law” on casino gaming in that country, with regard to taxation. 0 million) for the three months to September 30, according to a presentation published on Thursday. Sep 14, 2023 Newsdesk Latest News, Macau, Top of the deck. Jeju Sun Hotel and Casino, a property of Philippines-listed Bloomberry Resorts Corp, has confirmed to GGRAsia – in response to our telephone enquiry on Tuesday – that it will reopen on October 3. Mohegan Inspire Entertainment Resort, a complex at Incheon, South Korea, is to have a “soft opening” next Thursday, November 30, announced its promoter, the Mohegan Tribal Gaming Authority. The Philippine casino sector produced gross gaming revenue (GGR) of PHP56. Lvmama is. The firm told GGRAsia on Thursday that it had deployed the units at the Galaxy Macau casino resort in late September. Alejandro Tengco (pictured in a file photo), chairman and chief executive of the Philippine casino regulator, the Philippine Amusement and Gaming Corp (Pagcor), has told GGRAsia it has already had “numerous” expressions of interest regarding the selling off of state-owned Casino Filipino gaming venues. The scheme is said to be partly backed by local hospitality firm Vinpearl Co, part of prominent Vietnam conglomerate Vingroup Co. Germany-based business emoji company GmbH has partnered with Aristocrat Gaming, the casino-equipment business of Aristocrat Leisure Ltd, to launch a branded “emoji ALL STARS” slot machine product. by 31 October 2023,” stated LET in a Wednesday filing. 1 percent from the prior-year period. 2 days ago · Gaming software and services provider SOFTSWISS says the Asia-Pacific (APAC) region “offers a substantial opportunity” for the iGaming industry in 2024. 2 percent month-on-month, to MOP14. Nov 23, 2023 Newsdesk Latest News, Macau, Top of the deck. When: Launched in May, 2014. 6 percent relative to the first two weeks of the month, when inbound tourism was disrupted by bad weather, estimated JP Morgan Securities (Asia Pacific) Ltd in a Monday note. 85 billion), according to a Sunday announcement from the local regulator, the Gaming Inspection and Coordination Bureau. Macau stole the gaming industry headlines at the very tail of 2022, with the dropping of a nearly three-year ‘zero-Covid’ policy that had involved extensive testing and use of quarantine. The idea of a new hotel tower for Cotai Expo at the Venetian Macao casino resort would represent capital expenditure (capex) additional to the MOP30 billion (US$3. “In this market, you see a lot of supply. That is according to data released on Wednesday by the local regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ. Deutsche Bank’s revised estimate is. Non-China VIPs key target for Asia casinos: marketers. 4 percent year-on-year to US$94 million, compared to US$264 million a year earlier, according to a Tuesday announcement. 7 percent from the preceding quarter. Judged year-on-year, such revenue rose by 32. The announcement of the Macau event coincides. “This suggests the reopening recovery is still ongoing. Macau’s casino gross gaming revenue (GGR) for the first eight days of October is estimated at MOP6. Macau’s gaming industry welcomed 2,500 new workers in the three months leading up to September 30, according to data released on Friday by the city’s Statistics and Census Service. “Displaying a full. FBM Digital Systems, known as FBMDS and part of gaming equipment supplier FBM, says it has a new game with a Halloween-season theme, called “Champion Tales Crash-O-Ween”. The Macau government is still studying how to tackle unauthorised money exchange activities, frequently observed on the city’s casino floors or their surroundings, and commonly interrupted by the authorities. 42 billion) in fiscal revenue from taxes on gaming in the first ten months of this year, according to the latest data released on Thursday by the city’s Financial Services Bureau. 85 billion (US$1. “We are thrilled to welcome Betty. Nov 14, 2023 Newsdesk Latest News, Macau, MGS Entertainment Show, Top of the deck. GGRAsia – Japan Japan JCM half-year gaming sales down nearly 8pct y-o-y Nov 13, 2023 Newsdesk Japan, Latest News, Top of the deck Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of JPY1. 61 million passengers handled in 2019, the last trading. “As Macau has introduced more brand-new tourism elements and is exploring additional visitor-source markets in the mainland and overseas, it is. Referring to the scouting work of the company in other markets, Mr McNally told GGRAsia in an interview: “We’ve been in Japan and in many other places, and while we have to be mindful of our investments, by the same token we have the type of profile now and relationships with financial institutions where we are in a position to take a look. Acquiring VIP and premium-mass gamblers from outside China is a priority for Asia Pacific casino operators, say several industry marketing specialists spoken to by GGRAsia. The information was given by André Cheong Weng Chon (pictured second right. The existence of the service was independently verified by GGRAsia, after checks of publicly. Those properties had previously been permitted to run limited gaming operations with social-distancing measures in place, albeit only during more relaxed phases of quarantine. This marked the second consecutive quarter of growth. Jeju, a semi-autonomous island in South Korea with foreigner-only casinos, should contemplate permitting a new integrated resort (IR) with casino in the coastal location of Jungmun (pictured), to coincide with the launch of a second civil airport on Jeju if the latter scheme goes ahead. Macau gaming operator says it has raised the annual cap set for transportation, logistics and technical services provided by its parent company, U. 47 billion) non-gaming and overseas-marketing spending pledges by up to. It is the latest iteration of the firm’s “Jin Ji Bao Xi” game series, and is launching with the “Tiger” and “Phoenix. Jeffrey Kiang, an analyst at brokerage CLSA Ltd, said in response to an enquiry for GGRAsia regarding autumn Golden Week “…the MOP643-million [US$79. Regarding other work by the division, Mr Son said that some of its officials were scheduled to visit Osaka, Japan, this month – accompanied by representatives. Macau hotel occupancy in September dips m-o-m. 25 (US$4. The Macau government collected MOP51. “Standing bets are allowed. 03bln, up 15pct y-o-y. The Philippine casino industry reported gross gaming revenue (GGR) of PHP187. The Philippines might see business recover to pre-Covid-19 levels in its licensed gambling sector – in particular its casinos – by the latter part of 2022, assuming the country’s travel rules for inbound foreign tourists were eased by then, said Andrea Domingo (pictured in a file. 05 billion, with industry-wide net profit at US$2. . Sep 14, 2023 Newsdesk Latest News, Macau, Top of the deck. Macau casino GGR US$825mln for October 1 to 8: JPM. 8 percent from the prior-year period. Japan’s Nagasaki prefecture has confirmed to GGRAsia that it is still in talks with the national government over its casino-resort application, but hopes to achieve “accreditation as soon as possible” for its proposal. Macau-based junket operator Meg-Star International has confirmed to GGRAsia it is currently preparing for “two new openings” of fresh-to-market VIP gaming clubs in the city. 61 billion in the preceding quarter. The W Macau hotel tower at Studio City Phase 2 (pictured in a rendering) in Macau is due to open in September, says Lawrence Ho Yau Lung, chairman and chief executive of Melco Resorts & Entertainment Ltd. The break is sometimes referred to by investment. 42 billion), said on Wednesday the local regulator, the Gaming Inspection and Coordination Bureau. 8 billion), said on Friday the city’s Chief Executive (CE), Ho Iat Seng. GGRAsia is approaching 26 Capital, seeking comment on the counterclaims made by UE Resorts International Inc and the three other companies. According to figures provided to GGRAsia, Primorsky received 626,044 foreign visitors in the first nine months of 2018, up 21. The UM team estimates that. ” Door still. SOFTSWISS Sportsbook 3Q GGR up 523pct y-o-y. 2 percent quarter-on-quarter, and an 852. The institution said net revenue for the sector should be about US$24. 57 billion (US$1. The announcement to the Philippine. According to GGRAsia’s correspondent, if the prefecture is selected to host a casino resort, the Wakayama local government plans to sell the land to the would-be casino operator by the same amount as the purchasing price, JPY7. Casino groups MGM. 05 billion in 2023, and US$1. 1 percent from the prior-year period. Mr Lei noted in his Wednesday comments: “This MOP10-billion fund is to help employees, residents and SMEs [small and medium-sized enterprises]. Andrew Lee, an analyst at brokerage Jefferies Hong Kong Ltd, said in a Wednesday note, that MGM China’s “monthly market share increased to 15. The government wants the integrated resorts [IR] to feed tourists to the local communities. Macau embracing electronic play, new clients: Galaxy COO. 80 billion. 40 billion this year, and HKD8. She's following a low-fat diet. 61 billion in the preceding quarter. Macau tender bidders told to up spending proposals, says CS. Clarion said the venue-switch decision had been “endorsed by the ICE. The figure compared with an August GGR result of MOP17. 7 percent. “GRA is aware of the cyber incident involving MBS’s members from its non-casino loyalty. About 40 managers in aggregate from either the security or casino operations departments of respectively, Sands China Ltd, SJM Resorts Ltd, and Galaxy Entertainment Group Ltd participated in those talks, the Judiciary Police said. The first phase of a multibillion-U. Macau casino GGR softened in early Nov: analysts. An organiser of Global Gaming Expo (G2E) Asia, a casino industry conference and trade exhibition that has been held annually in Macau since its inception in 2007, says that this year there is to be a Philippines edition on December 3 and 4 at the Manila Marriott Hotel at the Resorts World Manila casino resort. 4 percent year-on-year in calendar year 2019. That was up 19. Betty Zhao (pictured), a prominent figure in the Asia-Pacific gaming equipment supplier sector, has been appointed senior vice president (SVP) of international operations at Aruze Gaming Global, the latter said in a Wednesday statement. 03bln, up 15pct y-o-y. Macau’s 2023 tourist-arrival tally is likely to be “over 27 million”, said the Macao Government Tourism Office (MGTO) in a Wednesday email in response. The first phase of Ixora Ho Tram by Fusion, launched at a ceremony in August, includes 164 rooms in a condotel tower and 46 beach villas, taking the current number of operational rooms at the whole Grand Ho Tram Strip site, to over 1,300. Mainland China-Jeju charter flight again after 7 years. The first six days of October were part of this year’s eight-day autumn Golden Week holiday for mainland China residents. “The Japanese government is continuing the review of Kyushu-Nagasaki IR, but no schedule has been given,” said. . Taiwan-based casino equipment supplier Jumbo Technology Co Ltd is planning to develop more games for the electronic table game (ETG) segment in Macau. GGRAsia has approached Galaxy Entertainment seeking comment regarding the foreigner-only gambling zone. Casino sales rose 38. In September and August, casino sales had fallen sequentially at the property on Jeju, a semi-autonomous. The body just said it would “speed up” review of non-resident work permit applications, including applications filed by companies from the tourism and leisure sector. SOFTSWISS Sportsbook saw a 438-percent year-on-year rise in the number of bets in the third quarter, and gross gaming revenue (GGR) up. Macau’s daily casino gross gaming revenue (GGR) could be circa 17 percent higher during China’s Golden Week holiday straddling the end of September and start of October, than is expected for the rest of October, says Morgan Stanley Asia Ltd. Singapore RWS 3Q VIP business solid without overpaying: analysts Nov 14, 2023 Newsdesk Latest News, Singapore, Top of the deck The third-quarter VIP gambling business for Genting Singapore Ltd, operator of Resorts. 6 million, and the deal is expected to close. Some political voices in Thailand that favour legalising bricks-and-mortar casinos stop short of supporting the legalisation of online gambling. Macau orders 3 days of home testing amid Covid alert. A recent proposed newcomer is in Khanh Hoa province, which has reportedly asked the national leadership to permit a US$2. Casino operator Wynn Resorts Ltd announced on Wednesday in the United States plans for its long-anticipated expansion of its Macau casino resort Wynn Palace. 29). 24-billion casino resort for Hon Tre island. ” He added, regarding his staffing: “We have a solid poker team. The Macau government’s proposed rejig of gambling-credit law is unlikely to have much impact on the city’s existing satellite casinos, said Hoffman Ma Ho Man, one of the bosses of Macau gaming resort Ponte 16, in comments to GGRAsia. Clarion Gaming said it has reserved a total of 40,000 hotel nights for “ICE week 2025″. SJM excess labour costs down 12pct q-o-q: brokerage. S. In comments to GGRAsia, Macau’s Sports Bureau indicated the public-sector role was mainly one of facilitation for initiatives from the community and the private sector – specifically mentioning the gaming concessionaires – rather than ‘big-picture’ planning. Sourcing more foreign players is a way for the Macau junkets to cope with the new reality, suggested local gaming scholar Ryan Ho Hong Wai, in comments to GGRAsia. Technology that seeks to help identify a person from the way they walk, was one topic of discussion during a “Safety and Security” strand of the casino industry’s Global Gaming Expo (G2E) Asia Online Conference 2020, moderated by GGRAsia on Wednesday. 9 percent from the preceding quarter, but down 10. 3 percent of Macau’s casino GGR in the period. Casino operator Genting Singapore Ltd reported generated third-quarter revenue of just below SGD690. Kevin Kelley, chief operating officer, Macau, at Galaxy Entertainment Group Ltd, will give a keynote speech in the morning,. The figures represented a recovery of 66 percent and 63. 9 percent from May 2022, according to data released on. For other cases, such penalties range from up to five years in prison, plus a fine; to a “controlled release along with a fine”. Application programming interface (API) scenarios represent about “60 percent of vulnerabilities within an organisation,” when it comes to cybersecurity generally, says Ian Hughes, chief commercial officer of Gaming Laboratories International LLC (GLI), a specialist in technology testing, compliance and security for the gaming industry. That is according to data released on Monday by the country’s casino regulator, the Philippine Amusement and Gaming Corp (Pagcor). The Macau government is currently conducting a public consultation – due to end on Friday (October 29) – on its proposed revision of the city’s gaming law. A data bank containing details including names, telephone numbers and email addresses for 665,000 shoppers at the Marina Bay Sands (MBS) casino resort (pictured) was last month breached and accessed by people. The cap for the year ending December 31 has been raised to US$10. Mr Wu, of Macau Travel Industry Council, told GGRAsia he was still hopeful regarding the prospects for easing Covid-19 testing rules for visitors from mainland China ahead of the National Day break. 1 million) in daily GGR. 93 billion) in May, up 5. fat. Paul Baker has stepped down as president of Macau casino resort Grand Lisboa Palace, being currently on so-called ‘gardening leave’ until early December, GGRAsia has learnt. Feb 26, 2021 Newsdesk Latest News, Macau, Top of the deck. Gaming equipment and content provider Light & Wonder Inc gave a debut to its “Jin Ji Bao Xi Grand” slot product at the MGS Entertainment Show in Macau.