Tuesday, May 21, 2019

Mainland’s gaming potential huge say researchers

Two Macau academics have concluded through their research that opening up China’s gambling industry could see huge revenues for the country given Macau’s limited...

Weaker Macau economy softens government policies

Macau's deteriorating economy has been a nudge for the government to think more constructively on its agenda to balance economic diversification and full employment,...

Macau government deals double blow to smokers

In a bid to take a more responsible stance in curbing smoking, the Macau government has applied a higher tax on tobacco products and...

Casino stocks rise in Hong Kong amid smoking bill hopes

Casino stocks surged in Hong Kong, after local media reported that the government may soften on plans to ban smoking rooms on gaming floors. Wynn...

Macau should find own path to diversify gaming industry: AGA

The president of the American Gaming Association says Macau should find its own path to develop its non-gaming industry rather than follow the models...

Chow’s Cape Verde resort gets green light

Cape Verde’s tourism minister is due to visit China later this month to sign a contract with David Chow for investment in a luxury...

NetEnt revenues increase by 32.3 percent in 15Q2

NetEnt, a gaming solutions provider, announced its 15Q2 revenues increased by 32.3 percent year-on-year to SEK 271.2 million ($32 million). The operating margin was 34.2...

Controversy surrounds casino documentary

A US documentary investigating Macau’s gaming industry has stirred controversy over its reasons for being axed by broadcaster PBS. Journalist Lowell Bergman’s documentary, Bigger Than...

Fifa bans Chuck Blazer

Fifa has banned former executive committee member Chuck Blazer for widespread corruption after he pleaded guilty to charges of bribery, money laundering and tax...

Aquis appoints former Jupiters MD as consultant

Gaming group Aquis announced it has appointed former Jupiters Hotel and Casino managing director Aaron Gomes as a senior consultant for new projects. Gomes was...

TRENDING ARTICLES

Sands China invests in green technology for its properties and fleets

Macau gaming operator Sands China is investing in a number of initiatives to reduce its impact on the environment, such as solar panels, recycling...

PAGCOR Q1 profit up 9.5 percent

Philippine Amusement and Gaming Corp (PAGCOR) saw its profit climb 9.5 percent to P1.6 billion (US$30 million) during the first quarter of 2019, mainly...

Kansai IR Expo reveals rapid growth of the gaming industry

The scale of the Kansai IR Industrial Expo held in Osaka on May 15 and 16 testified to the rapid rate of growth of the gaming industry in Japan as it was clearly much larger than its predecessor event held a year ago in the same city.

Parañaque court affirms Okada warrant of arrest

A Parañaque City trial court has affirmed the warrant of arrest issued earlier this year against Japanese gaming mogul Kazuo Okada, local media reports. Okada’s...

Summit Ascent announces board changes after Suncity hikes stake

Summit Ascent Holdings has announced board room changes after Suncity Group Holdings increased its stake in the operator of Tigre de Cristal earlier this month.