Friday, July 30, 2021

Macau

Macau seen coming back stronger from Covid: MS

Morgan Stanley has added its take to analysts predicting a rosy future for Macau, saying the gambling hub will come back stronger than before due to lower expenses and a better operating mix.

Grand Lisboa Palace bookings open, DICJ confirms 150 new tables

Macau's Gaming Inspection and Coordination Bureau, or DICJ, has confirmed to Asia Gaming Brief that the watchdog has granted 150 new-to-market gaming tables for SJM's new flagship property the Grand Lisboa Palace.
Grand-Lisboa-Palace

SJM’s Grand Lisboa Palace to open July 30 with 150 new tables

SJM Chairman Daisy Ho revealed on Wednesday that the Grand Lisboa Palace, the group’s flagship property on the Cotai Strip, is going to hold a partial opening on July 30th.

Melco’s Altira to shift from VIP focus to premium mass

Melco Resorts says it is shifting the focus of its Altira property in Macau from VIP to that of premium mass, as part of the company’s strategic shift towards the high-margin market. 

Melco not seeing much impact from recent outbreak

Melco Resorts CEO Lawrence Ho said the company has not seen much of an impact from the recent Covid-19 outbreak in China.
Herman-Ng APE

APE flags 75% revenue fall in 1H21

Asia Pioneer Entertainment Holdings says it expects to record a 74.6 percent decline in revenue for the six months ended June 30, 2021, owed to the economic and financial impact of the covid-19 pandemic.
The 13 Hotel

Bermuda court issues winding up order for South Shore

South Shore Holdings, the company behind the opulent The 13 Hotel in Macau, announced on Tuesday that the company has been ordered to be wound up.
Morpheus-COD-Melco

Melco’s Ho sees no major surprises in concession renewal

Melco Resorts & Entertainment Chairman and CEO Lawrence Ho said he doesn't expect any surprises in Macau's concession renewal process, despite the regulatory crackdown in China that has rattled investor nerves and sent Chinese stocks crashing on Tuesday. 

Melco says 65% of staff now vaccinated

Melco Resorts & Entertainment said its Get the Jab vaccination incentive program for colleagues in Macau and Hong Kong has helped increase the overall employee vaccination rate to almost 65 percent.

Melco Q2 results jump on mass/premium sector

Melco Resorts & Entertainment posted a sharp improvement in Q2 results compared with the prior year, boosted by mass and premium mass gamers, but the figures missed analysts' expectations.
AGE, australasian gaming expo

Australasian Gaming Expo (AGE) 2022

The Australasian Gaming Expo (AGE) is the place to see new products and services, network, attend thought-provoking seminars, seek business partners and generate sales....
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.

Esports BAR Cannes

G2E Asia 2021

AGBriefings, June, 2021, Resorts World Las Vegas

Asia Gaming Briefings – June 2021 Edition

For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.