Monday, August 19, 2019

Star Entertainment profit hit by fall in VIP spending

Australian casino operator Star Entertainment Group posted an 8.4 percent annual drop in profit, amid a fall in VIP gaming revenue.  On Friday, the group...

SkyCity tackles licensing hurdles

SkyCity Entertainment is grappling with capacity issues, as licensing regulations in New Zealand make expansion of its properties difficult. 
Genting New York

Genting defends Empire acquisition

Genting Malaysia has issued a statement defending its proposed acquisition of Empire Resorts saying the combination is in the best interests of both companies’ shareholders.
Suncity-RWM

Suncity opens RWM VIP club

Suncity Group held the soft opening of a new VIP club at Resorts World Manila on August 15.
Wombat

Victoria launches probe into high roller wombat hunting

wombats, hunting, high rollers, gambling, VIPs, illegal hunting, wildlife, money laundering

Wynn Crystal Pavilion construction due 2021

Wynn Macau says the construction of the Crystal Pavilion at its Wynn Palace on Cotai is expected to begin in late 2021. 

Macau gaming tax revenue gains 2.3 percent to July

Macau said it has collected MOP67.2 billion ($8.4 billion) in tax revenue from gaming operators in the seven months through July, more than two thirds of its forecast for the year.

Konami system selected by Northern Michigan Indians

Konami Gaming has announced that its Synkros casino management system has been selected by Grand Traverse Resort & Casinos, owned and operated by the Grand Traverse Band of Ottawa and Chippewa Indians in Northern Michigan.
Resorts World Manila

Travellers to delist from Philippine Stock Exchange

Travellers International Hotel Group says it plans to delist its shares from the Philippine Stock Exchange to avoid disclosing its business strategy to competition.
Osaka Summer Sonic 2018

Las Vegas Sands sponsors rock music festival in Osaka

Las Vegas Sands has announced that it has become a top-tier sponsor for the Summer Sonic 2019 rock music festival to be held at Osaka’s Maishima Sonic Park for three days from August 16.

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Nagaworld

Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.