Wednesday, August 15, 2018
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Paradise and Interblock reach licensing accord

Paradise Entertainment said it has granted a license to Interblock, a supplier of luxury electronic gaming products, for the rights to “certain intellectual property” of non-live multi games in Macau.

Melco staff organize protest for better wages, bonuses

Melco gaming staff gathered on the weekend outside City of Dreams in Macau, demanding better wages and bonuses in line with other operators, Macau...

Success Dragon raises funds through share placement

Hong Kong-listed Success Dragon has entered into a placing agreement that would see it place up to 20 percent of the company’s existing issued...

Near term headwinds to limit investor appetite: Bernstein

Investor concerns over decelerating growth, the Chinese economy, and the escalation of US-China trade tensions will likely create headwinds for GGR in the short...

AGTech swings to profit on non-cash and non-operating items

China lottery supplier AGTech Holdings swung to a profit of approximately HK$157.3 million  (US$20 million) for the six months ended June 30, 2018. AGTech...

Landing project not dead: Justice Secretary

The Philippines Justice Minister has ordered a review of the lease agreement for Landing’s $1.5 billion casino project but has stressed that it does...

Macau set to become richest place in the world

Macau is set to become the richest place in the world by 2020, knocking Qatar off the top slot, Bloomberg reports, citing International Monetary...

Okada sets record straight regarding arrest

Gaming mogul Kazuo Okada has fired back at the allegations made against him by Universal Entertainment Corporation, calling the allegations “false and malicious” and...

Junket workers not included in casino entry ban

A bill barring gaming workers from entering casinos in their off-hours will not include workers hired by junket operators, according to the Legislative Assembly...

Galaxy H1 results driven by strong mass, VIP and operations

Galaxy Entertainment Group (GEG) delivered record performance in the first half of 2018, driven by strong mass, VIP and operational execution, although the results...

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Broken Tooth to bring chess and poker tournaments to China

Former triad leader Wan Kuok-koi, known also as Broken Tooth, has partnered with an unnamed Beijing firm to bring chess and poker tournaments to...

Construction activity could be related to gaming license play

A recent uptick in construction activity from gaming-related companies could be a play for a 7th or 8th gaming license, said Union Gaming in...

FEC to employ “Asian Wallet Strategy” in Europe

Hong Kong-listed Far East Consortium says it expects its casino gaming business to drive higher profitability in the long-term, according to comments made in...

Pagcor H1 gaming revenue up 18.1 percent

The Philippine Gaming and Amusement Corp. reported an 18.3 percent increase in gross revenue from gaming operations in the first half of 2018, beating its target by 9.7 percent.

Yokohama draws over 51 million tourists in 2017

Yokohama city, which is now mulling the possibility of an IR bid, drew over 51.4 million domestic and foreign tourists in 2017, according to...