Macau

Macau casino investor Amax International Holdings Ltd. says it expects to record an “obvious” increase in loss for the year ended March 31, 2017 when compared with a net loss of HK$43.1 million (US$5.5 million) in the previous year.

Melco Resorts & Entertainment Ltd on Thursday held a leadership forum at City of Dreams, which was attended by over 600 of Melco’s management staff.

Improvements in transport infrastructure along with continued opening and ramp up of new casino resorts in Macau means that Mass will continue to be the driver for sustainable growth in 2017 and the rest of the decade.

Deputy chairman of Success Universal Group, Hoffman Ma Ho-man, says the company is expecting to consolidate its VIP casino business, and expects more than 10 percent increase this year.

Casinos around the world have access to a goldmine of data, from retail transactions through to loyalty programs, and are increasingly mining that information to improve operational efficiency and marketing.

 

 

Casinos around the world have access to a goldmine of data, from retail transactions through to loyalty programs, and are increasingly mining that information to improve operational efficiency and marketing. However, until recently, operators lacked a solution to tap into the performance metrics of live table games. Casinos have been forced to rely on labor intensive old-fashioned manual counts during operational hours. A small Australian company, Sensen Networks, now claims to have found an answer with new table game technology.

 



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After only three months in the role, Success Dragon International Holdings chairperson Ms. Li XueHua has tendered her resignation from the company.

In the first five months of the year, Macau’s residents and tourists have been hit with more than 3,300 citations for smoking related offences.

Abbiati Casino Equipment has announced the appointment of WPG Macau Ltd as its authorised representative based in Macau.

Macau’s casino operators have been asked to step up their security following the botched robbery at Resorts World Manila on Friday that left more than 30 dead.

Gross gaming revenue for the first week of June was MOP 2.7 billion, bringing month-to-date ADR to MOP 680 million, an increase of 33 percent year-on-year compared to a similar period in June 2016, notes Bernstein.

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