Monday, August 19, 2019

Macau

Macau restricts use of AI tools: Bloomberg

The Gaming Inspection and Coordination Bureau (DICJ) has restricted the use of some artificial intelligence tools that will help them track gambling behaviour, Bloomberg reports.
Alvin Chau (file)

Suncity says chairman not under investigation in Australia

Suncity Group Holdings has issued a statement denying media reports that its chairman and controlling shareholder, Alvin Chau, is under investigation by Australian authorities.
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.
Macau Fisherman's Wharf

Macau Legend warns of H1 loss

Macau Legend said it expects to post a loss in the six months to end June, compared with a profit the year earlier, as gains from the sale of a unit won’t be repeated.

July GGR falls 3.5% on weaker VIP

Macau gross gaming revenue posted a surprise 3.5 percent  drop year-on-year in July on the back of reduced VIP spend in the second half...
SJM Grand Lisboa

SJM H1 gaming revenue falls as VIP drags

SJM Holdings reported a 0.7 percent decline in H1 gaming revenue, as growth in the mass market failed to offset a 25 percent drop in VIP revenue.
Grand Lisboa Palace render

Lisboa Palace opening delayed again

SJM Holdings has pushed back the completion date of its Lisboa Palace resort on Cotai again, this time until about March next year, according to media reports.
Sands by night

Sands seen gaining premium mass share

Las Vegas Sands is likely to begin gaining share in the premium mass market in the second half of this year and into next as new suites for its Londoner resort and Four Seasons hotel come on line, analysts at Bain Capital wrote in a note. 

Xi Jinping visit could impact gaming sector

The upcoming visit of Chinese President Xi Jinping to Macau could have a negative impact on the gaming sector, says equity research analyst Angela...

MGM China revenue gains 26% on mass growth

MGM China said its net revenues grew by 26 percent during the second quarter of 2019, reaching $706 million, resulting from the continued ramp-up...

TRENDING ARTICLES

Nagaworld

Naga 3 to be 90 percent non-gaming with focus on tech

NagaCorp says 90 percent of its $3.5 billion Naga 3 property will consist of non-gaming amenities, with a strong focus on high-tech elements.
Dynam pachinko hall

Dynam reports 1.2% revenue growth in April-June

Dynam Japan Holdings, the largest pachinko company measured by its number of parlors, reported to the Hong Kong Stock Exchange a 1.2% increase in total revenues in the April-June 2019 period, boosted by its low playing cost halls.

Pacquiao One Punch KO

Ganapati PLC’s latest initiative packs quite a punch. The global supplier of Japanese content recently announced its intention to produce an official Manny Pacquiao...
Macau casino floor

HK protests begin to hit Macau revenue: Bernstein

The street protests that have been rocking Hong Kong for the past nine weeks are beginning to have an impact on gross gambling revenue in Macau, Bernstein analysts wrote in a note.

Okada Manila opens rooms as July revenue jumps

Universal Entertainment said Okada Manila is opening more hotel rooms to accommodate visitors as its July revenue spiked 48 percent from the prior year.