INTELLIGENCE
MGM China first quarter results outshine pre-COVID era, company continues gaining...
MGM China has announced its continued resurgence in the first quarter of the year, with record high adjusted EBITDA and market share during the period.
Crown now has strategic advantage over competitors after surpassing regulatory hurdle:...
In light of recent developments in the Australian gaming industry, gaming consultant David Green offers insights into the suitability of Crown Resorts and the challenges faced by its competitors, The Star and SkyCity.
Reshaping The Grand Ho Tram into an IR: EBITDA is king
Since coming in four years ago, gaming veteran Walter Power has flipped the script on the Grand Ho Tram Resort, leveraging decades of experience in Macau to shape it into a true integrated resort, drawing the expat crowd from nearby Ho Chi Minh and further abroad.
Banning junkets from insuring credit aligns with public policy: expert
The Legislative Assembly of Macau's approval of gaming credit legislation, which prohibits junkets from extending gaming credit, is viewed as a significant step towards aligning with public policy in China and Macau.
Macau 1Q VIP baccarat up 68% year-on-year: regulator
Macau's VIP baccarat gross gaming revenue (GGR) grew by 68 percent year-on-year in the first quarter, according to government data.
India gaming sector holds immense potential if regulatory and taxation hurdles are overcome –...
Gaming expert William Bonar has emphasized the potential of India's gaming industry, but warns of regulatory challenges and legal complexities hindering growth. Despite the challenges, the consultant remains optimistic, drawing parallels to Macau’s original potential as seen in the early 2000s.
PAGCOR’s decision to lower licensing fees enhances competitiveness of IGLs, says COO of Winn...
A lower licensing fee for Philippine offshore gaming operators (POGOs) operations is seen as a mutually beneficial act for both operators and regulators.
Focus on VIP/premium and non-gaming making Newport World Resorts the go-to IR
The first integrated resort in Manila, Newport World Resorts has reached a certain level of maturity, underlined by now being under a single umbrella group. Hakan Dagtas, COO of the IR, says that 2023 was the best results year for the property since its opening, and the group is planning to heavily invest in being a non-gaming attraction.
Technology is the key to standardizing regulations in the gaming industry: Sumsub
Technology has become key in standardizing regulations in the gaming industry. A top industry expert notes that KYC and AML are now integral for operators, requiring a new approach, as different threats and opportunities appear.
Thai casinos could generate over $5B in revenue per year, says Maybank
Maybank Securities forecasts that Thai entertainment complexes (ECs) featuring casinos could yield approximately THB 187 billion ($5.14 billion) in annual revenue, equivalent to roughly 1 percent of Thailand's GDP.
Non-gaming investment requirements for gaming operators already reshaping Macau: pundits
The non-gaming investment requirements for Macau gaming concessionaires are already reshaping the Special Administrative Region, according to industry experts interviewed by AGB.
Online gaming participation increased ‘dramatically’ in Victoria – Study
In a comprehensive analysis of gambling trends over a ten year period in the Australian state of Victoria, researchers uncovered that, while overall participation rates on 'traditional' gambling have decreased, online gambling participation has increased 'dramatically'.
