Monday, May 20, 2024

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Your Daily Asia Gaming eBrief: Chen Si: Junkets still in play for INSPIRE Entertainment Resort

INSPIRE. That's exactly what the newly promoted President of Mohegan's ambitious multi-billion dollar resort in Incheon hopes to do. With a strong focus on VIP, despite China's crackdown, Chen Si says the group will be mainly reliant on non-gaming, hoping to leverage its experience in the US to create a "kimchi taco" experience.
00:20:34

Face-to-Face: Chen Si – President, INSPIRE Entertainment Resort

INSPIRE Entertainment Resort will continue to focus on the VIP market, even as all Asian gaming operators aim to get a piece of Chinese outbound tourism. The property’s newly-promoted President Chen Si tells AGB that EBITDA returns are only expected within two years, but that synergy between Incheon operators will drive ongoing growth down the road. Meanwhile, hopes are to open soon, pending government approvals.

Chen Si promoted to President of Mohegan INSPIRE

Mohegan INSPIRE has announced the promotion of Chen Si to the role of President, ahead of the expected opening of the group’s new multi-billion-dollar Incheon integrated resort in the fourth quarter of this year.
00:08:43

Chen Si, COO of INSPIRE Entertainment Resort, redefines luxury

The latest newcomer to South Korea, Mohegan's INSPIRE Entertainment Resort aims to redefine how luxury entertainment is done. Chen Si, COO of the property, explains what differentiates it from the rest and how to capture the clientele amongst a competitive regional environment.

Your Daily Asia Gaming eBrief: Japan’s creepingly slow progress: Daniel Cheng

PH Resorts, developer of the Emerald Bay resort in Cebu is looking to attract Japan VIP players after signing an accord with junket operator ASKI Japan.

Son of NagaCorp’s late founder to leave executive positions

Hong Kong-listed NagaCorp has announced that Chen Cherchi, one of the sons of the group's late founder Chen Lip Keong, will stop serving as Chief Executive Officer - Finance and Treasury, and in any other executive position in the group, effective from May 16th.

Macau projects 680k daily border crossings for Labor Day holiday 

Macau authorities anticipate that all Macau checkpoints could record an average of 680,000 border crossings daily during the upcoming Labor Day holiday (May 1st to May 5th).

Commissioner acknowledges ‘prejudice’ in IPI case, lawyer claims company has no money

Two developments surrounding Commissioner Martin Mendiola and Attorney Michael Chen have made headlines this week.

MGTO anticipates 130k visitors daily during Labor Day holiday

Helena de Senna Fernandes, Head of the Macao Government Tourism Office (MGTO), projects that Macau may receive an average of 150,000 inbound tourists per day during the Labor Day Golden Week. The projection surpasses the numbers seen during the Cheng Ming and Easter holidays.

Daily Asia Gaming eBrief: Crown Resorts maintains Melbourne casino license

Authorities in the Australian state of Victoria have ruled in favor of Crown Resorts, noting that the operator has overcome its difficulties which led to a royal commission inquiry into its suitability to operate a casino in Melbourne.