Monday, July 15, 2024

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Galaxy Entertainment’s COO Kevin Kelley: continuing to work with junkets, expansion of ETGs, no plans for other Asian IR

Galaxy Entertainment Group’s COO, Kevin Kelley, says that the group is firmly focusing its efforts on Macau – not currently placing boots on the ground in new emerging markets such as Thailand and the UAE.

Macau gov’t expecting gaming operators to do “heavy lifting” of diversification efforts: consultant

The Macau government is expecting gaming concessionaires to do the "heavy lifting" of economic diversification efforts, veteran casino gaming executive Kevin Clayton told Asian Gaming Brief.

GLI names former Montana lottery director director of lottery solutions

Gaming Laboratories International (GLI) has named former Montana Lottery Director Angela Wong as Director of Lottery Solutions.  

Laurence Hawke appointed new CFO for Newport World Resorts operator

Seasoned casino finance veteran Laurence Hawke is going to be joining the operator of Newport World Resorts, in Manila, as the group’s new Chief Financial Officer.

Newport World Resorts with new annual high in GGR for 2023, non-gaming booms

Newport World Resorts achieved a new annual high in gross gaming revenues in 2023, topping $600 million, with double-digit returns in its non-gaming revenue.

Focus on VIP/premium and non-gaming making Newport World Resorts the go-to IR

The first integrated resort in Manila, Newport World Resorts has reached a certain level of maturity, underlined by now being under a single umbrella group. Hakan Dagtas, COO of the IR, says that 2023 was the best results year for the property since its opening, and the group is planning to heavily invest in being a non-gaming attraction.

Alliance Global Group eyes plan for another six hotels by 2028

Philippines conglomerate Alliance Global Group (AGI) has identified six sites in the country for new hotels, expected to be operational over the next five years.

Manila Airport to expand its capacity to 70 million passengers with a $4.8 billion investment

Manila International Airport Consortium (MIAC) on Monday put forward a multi-phased masterplan to upgrade Ninoy Aquino International Airport (NAIA), for PHP267 billion ($4.8 billion).

Newport World Resorts GGR rises 36 percent in 1Q23

Gaming revenue at Travellers’ Group’s Newport World Resorts rose some 36.2 percent yearly, topping PHP8.89 billion ($158.22 million) in the first quarter of the year, furthering the group’s growth on the back of the country’s continued rise.

Travellers Q1 revenue up on premium mass and VIP ops

Travellers International, the owner and operator of Resorts World Manila, saw its Q1 revenue decline 24 percent from the prior year, but gained 13 percent sequentially.