MGS 2016

Latest Intelligence is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. AGB relies on an extensive network of regional advisors and contributors to ensure that the published content is real, topical and based on fact.

22, Aug 2016
Macau will see its most expensive casino to date open its doors this week, when Wynn Resorts' high-end $4.2 billion Wynn Palace makes its debut on Monday after a series of construction delays.   
22, Aug 2016
While casinos spend millions on their loyalty programs, so many commit common failures that brings these programs crashing to the ground.
11, Aug 2016
While Indonesia is not expected to open up its domestic gaming industry in the foreseeable future, the country’s residents still have a role to play and its wealthier citizens are an increasingly important customer segment for Asia’s casinos.
11, Aug 2016
In a move likely to give a much-needed and major boost to the gambling industry in India, the All India Gaming Federation, a body that intends to promote legal gambling among other objectives, was launched in Delhi last week, on Wednesday, August 3.
3, Aug 2016
Galaxy Entertainment added to its range of non-gaming attractions in June, opening Macau’s first Apple Store, as operators seek to appeal to a broader market to replace the shrunken VIP sector. Macau now gets around 45 percent of its revenue from the mass sector, up from the low point of 26 percent in 2Q11. Although the mass sector has significantly higher margins than the VIP at 25 percent to 55 percent compared with 10 percent, for most, that shift is still not yet showing through in the...
3, Aug 2016
Thunderbird Resorts & Casinos is undergoing a multi-million dollar expansion as it seeks to attract more foreign travellers to its two regional Philippine resorts. The company is operated by Magnum Leisure, which bought the Philippine assets from Panama-based Thunderbird Resorts for $26.5 million in 2013 and up until now the two properties have focused on the local market. Now, it's looking overseas for customers.
28, Jul 2016
Singapore’s two operators are seeking to add more non-gaming attractions to boost growth as income from their casinos continues to drag, with results released this week showing an unexpected drop in mass revenue at Marina Bay Sands.   Casino revenue for the quarter fell 1.6 percent to $556.7 million, with adjusted property EBITDA dropping 1.7 percent to $357 million. The property reported a drop of 29 percent in its rolling chip volume, but more unexpected was the almost 11 percent drop in...
28, Jul 2016
Genting Malaysia, the country’s only casino operator, is ramping up preparation works as it prepares to begin rolling out the first stages of its RM10.38 billion ($2.46 billion) Genting Integrated Tourism Plan in the second half of this year. The company, which has said that it expects the economic environment to be challenging in 2016, is forecast to open its Sky Avenue & Sky Plaza shopping malls, and a new cable car station progressively by the end of the year. However, its much touted...

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