Wednesday, October 17, 2018

Six operators remain in Tomakomai IR race

It would appear that the competition to partner with the Tomakomai municipal government has now narrowed down to six serious suitors—Caesars Entertainment, Hard Rock International, Mohegan Sun, Rush Street, Clairvest, and Foxwoods.

Sega Sammy seeks future as major international IR operator

Sega Sammy Holdings released its 150-page “Integrated Report 2018” this week in which, among other things, the company proclaims its intention to be “on an equal footing with world-famous IR operators” both domestically and internationally.

HK transport minister denies HZMB October opening

Hong Kong’s transport minister has denied rumors that the Hong Kong-Zhuhai-Macau bridge would open towards the end of October,...

Universal Ent to acquire US$17.8 million in treasury stock

Universal Entertainment Corp says it will be spending up to JPY2 billion (US$17.8 million) to acquire the company’s common...

Amax summons Greek Mythology administrator to court

The company behind the Greek Mythology casino has been summoned to court as part of an ongoing legal battle...

Macau weekly GGR in line: Oct to grow 4-7 pct

Bernstein analysts have slightly lowered their Macau GGR forecast for October, now estimating the month to post year-on-year growth...

Wynn preparing to open Japan office

Wynn Resorts is preparing to open its Japan IR development office before the end of the year as it seeks a license for a large urban market, said Chris Gordon, president of Wynn Resorts Development, to Asia Gaming Brief in an exclusive interview.

eSports stadium “key component” for Melco IR

An eSports stadium would “very likely” be a “key component” of any major market IR that Melco Resorts & Entertainment would build in Japan, CFO Geoff Davis told Nikkei Asian Review in a recent interview.

Trade war creates headwinds for Macau gaming stocks

Macau gaming stocks are feeling the heat from the trade war between the U.S. and China, falling to their lowest levels in a year, with some analysts cutting their growth forecasts on concern for a slowdown in China’s economy.

Time to move the regulatory goalposts

There is no question that the global sports betting market is massive and growing fast. According to figures from respected statistics company, Statista, the global gross gaming yield now stands at about $400 billion, with the majority of that generated in Asia.

 

MGS Entertainment Show 2018

SiGMA 2018