Friday, December 14, 2018

Meg-Star hosts charity night, unveils image as group

Junket operator Meg-Star Group on Monday hosted a charity night and reunion gala dinner at the Sheraton Grand Macao Hotel Cotai, with over 3,000...

April GGR smashes expectations at 28 pct

Gambling revenue in Macau surged 28 percent year-on-year in April, beating analyst expectations. According to official data, gaming revenue reached MOP 25.7 billion (US$3.2 billion)...

Michael Mecca appointed as GEG non-executive director

Gaming operator Galaxy Entertainment Group on Friday announced the appointment of Michael Mecca as the company’s non-executive director, with effect from May 4, 2018....

Justin Fung resigns, Canberra project gets extension

Integrated resort operator Aquis Entertainment has announced the resignation of one of its key directors, Justin Fung. Mr. Fung is the son of Aquis...

Taxing the casino winners

Debate in the Diet over the IR Implementation Bill has revealed that the Japanese government likely intends to tax any players who come out ahead in their casino gambling, though the matter is still being debated among the bureaucrats.

Wynn poised to ramp up Japan campaign

While Wynn Resorts has been somewhat quieter about its interest in Japan, Chris Gordon, president of Wynn Resorts Development, tells Asia Gaming Brief in...

Wynn Macau mulls more non-gaming

Wynn Macau is considering adding more non-gaming facilities for the second phase of development at its Wynn Palace Cotai resort, Chairman Allan Zeman told...

Investors dodge tax bullet, discuss development plans

Operators in Russia’s Far East have won a reprieve from a potentially punishing new tax region and are now discussing further development plans with...

Bloomberry takes out P73.5 billion loan

Bloomberry Resorts Corp, operator of the Solaire Resort & Casino in Manila, announced on Wednesday that it has taken out a P73.5 billion (US$1.4...

Saipan visa program under threat

An effort to save a program that allows the Northern Mariana Islands to import labor is likely to fail due to recent cases of...

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DFNN reports increased revenue across all business segments

Philippines-listed DFNN saw increased revenue across all its businesses, with total consolidated revenue increasing 16 percent to P984.3 million in the first nine months...

GEA Summit gathers 2,500 visitors

The inaugural launch of the GEA Summit, touted as a “small-sized and lightweight buyer-seller meeting”, gathered around 2,500 guests from the industry, according to...

Donaco reports soft start to FY19

Weaker VIP win rate, online gaming business start up costs, and a Chinese crime syndicate have been blamed for Donaco’s “soft start” to the...

Solid releases pachinko game, Hawaiian Dream

Golden Hero - a brand exclusive to Solid Gaming - and JTG have teamed up to release Hawaiian Dream, an online version of the popular...

Donaco plans strategic review, debt restructuring

Australia-listed Donaco International said it’s conducting a strategic review of its businesses, including a potential restructuring of an almost $40 million debt to Mega Bank.