Wednesday, December 12, 2018

Melco restaurants get 10 Michelin stars

Melco Resorts & Entertainment was awarded 10 Michelin stars in the 2019 food guide for its Macau restaurants, which it says it a record number for any IR globally.

Fans come to the rescue of scandal-plagued Iwate Racing

Steroid scandals and the associated suspension of races did not scare away the loyal fans of the Iwate Prefectural Horse Racing Association (Iwate Keiba), as demonstrated by its recently-reported revenue returns.

Unlikely Universal will pick up Genting theme park: Maybank

It’s unlikely that Japan’s Universal Entertainment will take over Genting Malaysia’s stalled theme park project, as it would likely cause cannibalization from their sister resort in Singapore, Maybank said in a note.

New Osaka business leader another IR advocate

The Kansai Association of Corporate Executives has selected a new co-chairman, Hiroyuki Fukano, who immediately affirmed his support for Osaka’s 2025 World Expo as well as its IR bid at Yumeshima.

Fitch cuts growth outlook for Asia

The prospects for economic growth in Asia have dimmed in recent months, says ratings agency Fitch, which has cut its forecasts for almost every country in the region.

Melco Philippine stock suspended after falling below float limit

Shares in Melco Resorts & Entertainment (Philippines) have been suspended from trading on the Philippine Stock Exchange after the public float dropped below minimum requirements as a result of a recent tender offer.

Macau Dec. GGR seen up 8-10 percent: Bernstein

Macau’s gross gambling revenue is expected to gain between 8 and 10 percent in December over the same month a year ago, according to Bernstein Research.

Okada Manila casino revenues hit record; parent raises funds

Universal Entertainment released financial figures showing that casino revenues at Okada Manila reached a record-high PHP2.9 billion ($55.1 million) in November, combined with a record-high EBITDA of almost PHP528 million pesos ($10 million) during the same period.

ETGs and new technology focus for Asia suppliers

Technology and electronic table games were the two subjects most frequently cited as important trends for 2019 among the...

Smoking rules to trim 2019 GGR, but China a bigger concern

Many of Macau’s casinos are in a race against time to ensure their newly-equipped VIP smoking lounges have been approved by the authorities.

 

HOGO, AGB to launch IR Seminar in Wakayama

HOGO has announced a partnership with Asia Gaming Brief and the Wakayama Chamber of Commerce for the purpose of launching the Wakayama Integrated Resort...

Asia Live Tech announces AGB as official media partner

In line with Asia Live Tech’s global expansion, the company has recently selected Asia Gaming Brief as its Official Media Partner. Asia Live Tech...

Evoplay Entertainment set to unveil latest game at SiGMA

Evoplay Entertainment is to showcase its new slot title at SiGMA 2018 later this month. The game, Syndicate, is a thrilling journey into east coast...

ASEAN Gaming Summit 2019

The third edition of ASEAN Gaming Summit is set to impress once again, drawing over 300 operators, suppliers, and regulators from Asia’s online and land-based...