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Paradise enters supply accord with Jay Chun’s brother-in-law
Paradise Entertainment said it has entered into a supply agreement for next year, worth a maximum of HK$40 million, with Chairman Jay Chun’s brother-in-law.
Operators may see higher taxes after concession renewal: Bernstein
The most significant risk for Macau’s six operators when it comes to concession renewals is likely to be higher taxes, or other “economic rent,” Bernstein Research said in a note.
Suncity executive joins Summit Ascent board
Suncity Executive Director Lo Kai Bong has been appointed as a non-executive director of Summit Ascent Holdings, the operator of the Tigre de Cristal IR near Vladivostok.
Greater China gets lion’s share of mainland tourists in 2018
The Greater China region -- Hong Kong, Macau and Taiwan -- got the lion’s share of all outbound tourists from the mainland in 2018, according to the China Outbound Tourism Research Institute.
Melco restaurants get 10 Michelin stars
Melco Resorts & Entertainment was awarded 10 Michelin stars in the 2019 food guide for its Macau restaurants, which it says it a record number for any IR globally.
Fitch cuts growth outlook for Asia
The prospects for economic growth in Asia have dimmed in recent months, says ratings agency Fitch, which has cut its forecasts for almost every country in the region.
Macau casino customer service levels slip
The overall service levels in Macau’s casinos has slipped from the same period last year, though there has been an improvement in the proactiveness and tolerance levels of staff, an anonymous survey found.
Sands China to be key driver for LVS: Bernstein
Sands China is likely to be the key driver for Las Vegas Sands for the next few years as it benefits from the increasing size of the mass market, according to an in depth analysis of the group by Bernstein Research.
ETGs and new technology focus for Asia suppliers
Technology and electronic table games were the two subjects most frequently cited as important trends for 2019 among the gaming industry’s largest suppliers at...
Smoking rules to trim 2019 GGR, but China a bigger concern
Many of Macau’s casinos are in a race against time to ensure their newly-equipped VIP smoking lounges have been approved by the authorities.
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Japan a key focus at MGS Entertainment Show
The upcoming Japanese IR market was a focus of the second day of the Macao Gaming Show, held at the Venetian Expo Hall in...
Genting sues Fox, Disney for $1b for breach of contract
Genting Malaysia is suing Walt Disney Co. and 20th Century Fox for $1 billion for pulling out of a contract for a Fox-themed amusement park at its Resorts World Genting property in Malaysia.
Two police chiefs jailed in $420m gambling ring
Vietnam’s former national police chief Phan Van Vinh and former head of hi-tech crimes police department Nguyen Thanh Hoa were sentenced to nine and...
Former Wynn shareholder files lawsuit
Casino operator Wynn Resorts is facing a new lawsuit from a former shareholder, alleging that Steve Wynn’s sexual assault scandal devalued his stock.
According...
Sikkim’s new airport to drive casino traffic
After waiting for almost a decade, Sikkim, nestled in the mountainous far north of India, finally got an airport in October, which is likely to provide a boost to gambling operators in the remote state.
