Monday, July 15, 2024

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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.

Departure of Newport World Resorts top executives part of transition plan: AGI

The parent company of Philippine integrated resort operator Newport World Resorts says that the recent drastic changes in management were all part of a transition plan after the group assumed full ownership of the IR's operating company.

Double-digit drops in VIP GGR cause strong fall in income for Newport World Resorts

Newport World Resorts has a yearly drop in gross gaming revenue of some 16 percent, to PHP7.5 billion, according to the most recent results announced by its parent group.

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.

Daily Asia Gaming eBrief: Newport World Resorts targeting high-end play/non-gaming

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.
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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.

Newport World Resorts donates 18 motorbikes to the Philippine National Police

Newport World Resorts, with support from PAGCOR, has donated PHP10 million ($178,000) worth of motorcycles to the Philippine National Police (PNP).

Newport World Resorts appoints former LVS executive Lance Gautreaux as Chief Casino Officer

Newport World Resorts has hired former Las Vegas Sands executive Lance Gautreaux as its Chief Casino Officer, assuming the role on Monday.

Newport World Resorts delivers strong results in 2Q23, backed by VIP play

Newport World Resorts saw its gross gaming revenue fall by 2 percent quarterly and rise by 7 percent yearly during the second quarter of the year, to PHP8.7 billion ($152.98 million) ‘driven by the sustained recovery in the mass segment and continued improvement in VIP business’.

AGI buying rest of shares in Newport World Resorts from failed Genting HK

Alliance Global Group (AGI) has sealed a deal to take over all shares held by the failed Genting Hong Kong in integrated resort Newport World Resorts, located in Manila.