Macau

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.

Animal rights group Anima Macau has written a letter to Canidrome boss Angela Leong for the release of all greyhounds before the track shuts down next year.

Melco Resorts International head Lawrence Ho said capital control measures introduced in China and Hong Kong are not deterring Mainland gamblers.

Spintec’s new product line Aura was presented for the first time in Asia at G2E Asia this year. The Aura gaming terminal is next big thing for operators searching for comfortable and ergonomic gaming terminal perfect for bigger, multi game set ups.

The Neptune Group says the Venetian Macau has terminated an accord with one of its junket operators that accounts for about 41.3 percent of group revenue. The Venetian wrote a letter to Hao Cai Sociedade Unipessoal on May 31 informing the operator of the termination. Hao Cai operates 14 VIP tables at the casino.

Las Vegas Sands President and Chief Operating Officer Rob Goldstein says Macau needs more hotel rooms to fully benefit from the potential of the mass market.

Wynn Macau has granted 1,208,000 share options to four of its non-executive directors at an exercise price of $17.64 ($2.26).

Gross gambling revenue for May in Macau jumped 23.7 percent, far exceeding analysts’ expectations, most likely due to continued strength in the VIP market.

LiNiu Technology Group, formerly known as Iao Kun Group Holding Company Ltd., reported a narrowed net loss of $0.4 million for the first quarter of 2017, compared to a loss of $3.5 million in the prior year period.

Andy Choy, property president of Altira Macau and Mocha Clubs plans to revamp the food and beverage offerings at the property and will be re-positioning the Mocha Club.

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