Tuesday, October 22, 2019

Macau

Melco Intl Dev appoints independent non-exec director

Melco International Development has announced the appointment of John Crawford, JP as an independent non-executive director of the company, as well as chairman of...

Gaming tax revenue up 1.5% in the first 8 months of 2019

The Macau government raked in MOP76.4 billion (US$9.4 billion) in gaming taxes in the first eight months of 2019, representing an increase of 1.5...

Macau to safeguard tourism, gaming industry: Ho Iat Seng

Macau chief executive-elect, Ho Iat Seng promised to safeguard Macau’s gaming and tourism industries, during a press briefing in Beijing.  Ho was speaking at a...

Blockchain technology finds route onto casino floor

Two years on from Bitcoin’s mainstream breakthrough, land-based casinos are beginning to explore valuable use cases for the technology upon which the leading cryptocurrency is built.

Wynn Macau Q3 to be impacted by trade dispute, protests

Wynn Resorts says it expects its Macau results in the third quarter of 2019 to be impacted by the ongoing US-China trade war and...

SJM valuation discount presents opportunity, but upside limited

SJM Holdings will likely continue to trade at a valuation discount compared to its intrinsic value and that of the other Macau operators, but...

Amax proposes name change to Century Entertainment

Amax International Holdings has proposed a name change to “Century Entertainment International Holdings Limited,” which it says will help to refresh its corporate image.  The...

Melco grants Winkler share options

Melco International Development says it has granted 14.2 million share options to new president and managing director, Evan Andrew Winkler, to incentivise him to drive further share price gains.

Evan Winkler appointed as president of Melco Resorts

Melco Resorts and Entertainment has appointed Evan Winkler as company president with effect from Wednesday, 4th September.  According to a company press release, Mr. Winkler...

Positive news in Hong Kong raises Macau stocks

Macau casino stocks saw a small increase following an announcement from Hong Kong’s leader that the contentious extradition bill would be withdrawn. The bill was...

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Solaire, Manila

Bloomberry to appeal $296.1m court ruling

Bloomberry Resorts said it will appeal a Singapore court ruling ordering it to pay $296.1 million to the Philippine unit of U.S.-based Global Gaming Asset Management in a long-running dispute over the termination of a management services agreement.

Golden Week visitation met expectations: MGTO

The Macau Government Tourism Office said tourist visitation over Golden Week met expectations, attributed to the inauguration of the Hong Kong-Zhuhai-Macao Bridge and the...

RTG Slots releases T-REXII slot

RTG Slots has announced the release of its latest slot title, T-REXII, a powerful sequel to the hit T-Rex slot.  T-Rex II is a 5x3-reel,...

Pacquiao One Punch gives back to the community

Here with yet another impactful game is Ganapati. The Global Gaming Awards 2019 nominee for Product Innovation, released Pacquiao One Punch KO, the official...
Mohegan Sun Pocono

Mohegan opens office in Tomakomai, Hokkaido

Mohegan Gaming & Entertainment has announced the opening of its office in Tomakomai, Hokkaido, where it is one of several international IR operators hoping to build a regional IR.