Saturday, April 20, 2024

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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.

Non-gaming offerings to shield Genting from possible reduction in Chinese gamblers – Board of Directors

In a response to shareholders questions ahead of its board meeting, Genting Singapore stated that the improvement in Chinese arrivals is expected to contribute positively to its performance and touted future non-gaming offerings as a response to the warning issued by Chinese authorities for the country's citizens to avoid gaming in the city-state.

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.

QTech Games enhances bingo with S4Gaming’s non-jackpot titles

QTech Games has signed an upgrade to its existing S4Gaming partnership, enabling its platform customers to more premium content from the video-bingo supplier’s non-jackpot bingo offering.

Daily Asia Gaming eBrief: Macau operators on non-gaming balance beam

Macau's shift to a non-gaming focus has operators on a balance beam, trying to weigh increased visitation with financial return. Experts tell AGB that diversification is a solid goal for any gaming jurisdiction, but that gross gaming revenue is still key, even as a younger demographic tends to be more predominant.

Non-gaming investment requirements for gaming operators already reshaping Macau: pundits 

The non-gaming investment requirements for Macau gaming concessionaires are already reshaping the Special Administrative Region, according to industry experts interviewed by AGB.

Daily Asia Gaming eBrief: Concerts driving Macau non-gaming spend

Concerts are likely to be the main driver of non-gaming spend within Macau, notes a scholar, as operators aim to get the maximum bang for the buck when hosting large-scale events in the SAR.

SJM launches new non-gaming amenities to ramp up Grand Lisboa Palace

Macau gaming operator SJM Resorts unveils new non-gaming amenities, hoping to ramp up its flagship property, Grand Lisboa Palace.

Macau gaming operators present non-gaming investment for 2024 to the Government

Six gaming operators in Macau were invited to present their non-gaming investments for 2024 to government officials during a Council for Tourism Development meeting.