Tuesday, December 11, 2018

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.

Genting Spore facing mass competition from Philippines/Cambodia

Genting Singapore is facing increasing competition in the mass market from the Philippines and Cambodia, though management sees room for growth in VIP, according to Nomura.

Sega Sammy aims for “top share” in Kanto region IR consortium

Sega Sammy Holdings President and COO Haruki Satomi said his firm was aiming for the “top share” in any IR consortium to be built in the Tokyo-Yokohama region.

Keihan’s vision of a Yumeshima-Kyoto train line draws nearer

Yoshifumi Kato, president and CEO of Keihan Holdings, who announced last year that it was “his greatest mission” to connect by railway the anticipated IR at Yumeshima, Osaka, with Japan’s ancient capital of Kyoto, is seeing his vision come nearer reality, according to a recent article in the Nihon Keizai Shinbun.

Genting launches VR zone with The Void

Genting Malaysia has added a virtual reality zone to its Resorts World Genting property, in conjunction with The Void, which plans “aggressive expansion” across Asia.

Sigma affiliate event to be held in Manila

SiGMA’s affiliate event, the Affiliate Grand Slam, will return to Asia in 2019 and will be held in Manila in March.

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...