Friday, May 29, 2020

Steve Wynn buys one million shares of his company’s stock

Wynn Resorts Limited announced on Tuesday, Dec. 8 that Chairman and CEO Steven Wynn spent around $63.8 million to buy more than one million...

GGR decline expected to continue in 2016, says Citi

Macau's GGR is expected to fall 4 percent in 2016, according to analysts at Citi Research, who have cut their estimates for a gain...

Intralot rolls out pre-commitment system in Australia

INTRALOT Gaming Services  has rolled out the very first voluntary pre-commitment scheme branded “YourPlay” for a network of 28,500 electronic gaming machines (EGM) across...

New federation for casino workers in Macau formed

Three gaming trade unions, Gaming Employees Advancement Association, the New Gaming Employees Advancement Association and the Sands Venetian Employees Union have formed a new...

Crown Resorts share price faces pressure from Macau

Crown Resorts Limited, operator of Australia’s largest casino, has seen bond risk for the company rise over the past three months as China’s corruption...

Australia’s gambling growth shows no sign of slowing

Australia’s punters bet a record AUD$6.5 billion (USD$4.7 billion) in Y15Q3, according to the Australian Bureau of Statistics. Although participation rates among Australian adults have...

Brazil could give the go ahead for casinos next year

The President of the Brazilian Institute of Legal Gaming, Magnho José has said that gaming in Brazil could happen as early as 2016. In a...

Singapore, Malaysia gaming outlook stable, Fitch says

The outlook for the gaming industries in Singapore and Malaysia remains stable despite challenging economic conditions, Fitch Ratings says in a report. The three companies...

Leisure tax not likely to be imposed on Kangwon Land

A controversial leisure tax is unlikely to be imposed on South Korea's Kangwon Land amidst weak third-quarter gaming revenue, according to analysts from Daiwa...

Stable outlook for Australia’s gaming operators, says Fitch Ratings

The outlook for Australia’s gaming operators is stable, despite a slowdown in Australia’s GDP growth and the two largest gaming issuers, Crown Resorts Limited...

TRENDING ARTICLES

Coronavirus live updates: Japan lifts state of emergency in remaining prefectures

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...

Raid on quarantine-shirking Makati POGO nets 56 arrests

The National Capital Region Police Office conducted a raid on a Philippine Offshore Gaming Operator (POGO) in Makati that netted 56 arrests of foreign...

BMM appoints Julian Borg-Barthet to VP, iGaming Business Development

BMM Testlabs has announced the appointment of Julian Borg-Barthet to VP of iGaming Business Development.  He will be responsible for generating and retaining business across...

Laos eases lockdown, casinos remain closed until June 1

The government of Laos has lifted travel restrictions which will allow people to travel freely around the country, though entertainment venues including casinos will...

MGM recognized globally and regionally for HR efforts

Casino operator MGM Resorts has announced it has attained seven accolades both regionally and globally in relation to its human resources and talent development...