Friday, April 16, 2021

Lee Sam-Geol assumes post as Kangwon Land CEO

Former Second Vice Minister of Public Administration and Security Lee Sam-Geol has been approved by shareholders to assume the post of CEO of Kangwon Land.
Antonio-Lobo-Vilela

Dore ruling could change face of VIP gaming in Macau: Vilela

The final court ruling on Wynn Macau’s liability in the Dore Entertainment case could change the landscape of VIP gaming in Macau, according to gaming expert António Lobo Vilela.

Summit Ascent appoints Genting’s David Chua as new CEO

Summit Ascent has appointed former Genting Hong Kong President David Chua as its new Chief Executive Officer for a three-year term, effective from May 1.

Interview with Earle Hall: Revisiting Covid predictions [video]

Futurist and entrepreneur Earle Hall, CEO of AXES reflects on the sixteen predictions made nearly 12 months ago during the AGB Webinar: Life After Covid-19, which looked at how business and personal and work-life would change as a result of the pandemic. 

Bobby Soper to lead Mohegan’s Korea and Japan campaigns

Mohegan Gaming & Entertainment has announced that Bobby Soper has been appointed to the new role of International President, a role in which he will oversee all aspects of the firm’s efforts related to both the Inspire Korea Project in South Korea and the joint bid for an integrated resort license in Nagasaki with Oshidori International.

Bruce Carter retires from SkyCity board

Long-time director Bruce Carter, who oversaw the expansion of SkyCity Adelaide, has retired from the SkyCity board of directors.

Everi appoints Kate Lowenhar-Fisher vice president, chief legal officer

Everi Holdings, provider of land-based and digital casino gaming products and player loyalty solutions, has announced the appointment of Kate Lowenhar-Fisher as executive vice president, chief legal officer–general counsel, and corporate secretary, effective March 22.

Landing shuffles independent board director post

The board of Landing International has announced that Lin Liangyong has been appointed as a Head of Internal Audit of the Company and he has ceased to act as an independent non-executive director; and that Du Peng has been appointed as an independent non-executive director.
sands-Macao

Las Vegas Sands CEO Rob Goldstein reiterates interest in Asia expansion

Las Vegas Sands Corp CEO Rob Goldstein has reiterated his interest in potentially expanding their operations in Asia, other parts of the U.S. and digitally, using the proceeds from their recent Las Vegas property sale.

Lee Sam-Geol tapped to become next Kangwon Land CEO

The board of directors of state-run Kangwon Land has selected Lee Sam-Geol, currently the second vice minister of the Ministry of Public Administration and Security, to become the casino resort’s next CEO. This proposal will be submitted to shareholders in the coming weeks.

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Yokohama

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Pachinko revenues running 75% pre-pandemic levels

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Macau, tourism, stimulus package

Gaming focus, China policies constrain Macau credit rating

Macau's narrow economic base and its high concentration of tourists from China restrain the city's credit rating and have contributed to historically high levels of gross domestic product volatility, Fitch Ratings says.

Macau Q1 gaming tax revenue drops by half

Macau's tax revenue take from its gambling industry fell by 50 percent in Q1 to MOP9.1 billion ($1.14 billion), according to the Financial Services Bureau.