Thursday, November 15, 2018

Macau

Alphaslot showcases blockchain for gaming at Sora Summit

The first ever Sora Summit, which was designed to develop opportunities in the blockchain ecosystem, particularly in Asia, kicked off in Macau on Tuesday, attracting more than 70 speakers from key global stakeholders.

Macau junket operators call for govt support in collecting debt, tax breaks

Representatives from the junket sector on Tuesday urged for the local government to assist the sector in collecting bad debts and reduce gaming taxes,...

Typhoon Mangkut caused MOP1.55 billion in economic losses

Macau’s Statistics and Census Bureau (DSEC) has estimated at least MOP1.55 billion (US$191.6 million) in economic losses occurred as a result of Typhoon Mangkhut,...

Paradise Ent posts 1.9 pct increase in profit in 18Q3

HK-listed Paradise Entertainment posted a small increase in revenue in 18Q3, due mainly to stronger gaming performance from Casino Kam Pek Paradise. The company has...

Association fears casino entry ban will cause inconvenience

A Macau gaming workers association has expressed concerns that barring casino staff from casinos would cause unnecessary inconvenience to the affected workers. Head of the...

HZMB opening hasn’t yet increased visitation: Ambrose So

SJM chief executive Ambrose So says he has not seen a visible increase in visitation after the opening of the Hong Kong-Zhuhai-Macau Bridge, as...

Technology tools to boost table game yields

The development of new technologies is creating opportunities to optimize casino operations in a way that would not have been thought possible a few years ago, in particular when it comes to table management, though there is debate over which systems provide the best solution.

Emerging Asian markets to lead sales growth

Macau is likely to remain the largest market in Asia for electronic table games (ETGs) for the foreseeable future due to its sheer size, though growth is slowing and emerging markets such as Vietnam and the Philippines are likely lead further expansion.

Melco results hit by lower VIP

Melco Resorts & Entertainment posted lower revenue and profit for Q3, hurt in part by a decline in VIP gross gambling revenue across all its properties.

Wynn guidance overshadows strong Q3

Wynn Resorts posted strong Q3 results, but provided weaker-than-expected guidance for the final quarter of the year, prompting some analysts to scale back their forecasts.

TRENDING ARTICLES

MRP drops PSE privatization plans, tender to proceed

Melco Resorts and Entertainment (Philippines) Corp (MRP) has filed a letter with the PSE formally withdrawing its plans to voluntarily delist from the Philippine Stock Exchange, according to a filing from the company on Friday.
Wakayama Revise IR Plan

Governor Nisaka promotes revised IR plan at Wakayama symposium

Gathering at a hotel in Wakayama city, Wakayama Governor Yoshinobu Nisaka once again promoted the concept of building an IR at the Marina City location, this time explaining the contents of the revised plan released by the prefectural government last week.

Creative gaming architecture

Wiener Games & Casualino are experienced architects and developers in the field of HTML5 skill slots, social casino games & casual to mid-core card...

Kawasaki city another candidate location for IR

The central government survey of the IR intentions of prefectures and designated cities turned up another surprise as it became known that the Kawasaki municipal government also indicated that a bid was “under consideration.”

Government to stipulate minimum IR hotel size

As the central government moves toward compiling its regulations for the “core facilities” for Japanese IRs, it became apparent at a meeting of the...