Thursday, April 25, 2019
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Melco wins Gold Award for Best in Mass Recruitment

Melco Resorts & Entertainment Limited is excited to announce that the company won the first place Gold Award for Best Mass Recruitment at Human...

Melco Resorts announces pricing of senior notes offering

Melco Resorts Finance, a subsidiary of Melco Resorts, has announced the pricing of its international offering of senior notes, proceeds of which will be...

Facial recognition and AI used to enforce casino entry ban in Macau

Macau gaming scholar, Wang Changbin, believes that facial recognition technology can be used to identify casino employees in breach of their off-duty casino entry...

19Q1 GGR falls slightly, led by VIP baccarat decline

VIP Baccarat revenue fell nearly 13.4 percent year-on-year in the first quarter of 2019, reaching MOP37.2 billion, according to data from the Gaming Inspection...

Bernstein lowers GGR growth estimates for April

Analysts at Bernstein have lowered their gross gaming revenue estimates for the month of April, due to materially worse than expected month-to-date revenue. According...

Meet the featured guests at the Gaming Reunion

The Asia Gaming Tree Reunion Dinner is pleased to introduce some of the featured guests who will be joining us in Macau on May 22 to share their experiences in Asia’s gaming industry. We are delighted to have Danilo Cuneta, Earle Hall...

Innovation takes the lead

Over recent years, the market demand of Electronic Gaming Machines (EGMs) in Macau has been growing steadily. Revenue from slot machines have increased by...

Melco launches sustainability strategy “Above & Beyond”

Casino operator Melco Resorts & Entertainment has announced the implementation of a new sustainability strategy - “Above and Beyond”, across its properties. According to a...

Macau Legend says impairment charge due to underperformance at MFW

Macau Legend has provided more information as to why it took an impairment charge of HK$681.9 million ($86.9 million) in its 2018 results, saying it was mostly due to slower-than-expected performance at its Macau Fisherman’s Wharf property.

Macau Q1 earnings likely to surprise to the downside: MS

The earnings of Macau’s six operators may produce some negative surprises amidst higher staff costs, higher reinvestment rates and slowing revenue growth, Morgan Stanley forecasts.

TRENDING ARTICLES

Aristocrat establishes local Macau company

Australian gaming supplier Aristocrat has established a new limited liability company in Macau, Aristocrat Technologies Macau Limited, created in order to comply with “changes...

ASEAN Gaming Summit proves another smashing success in Manila

ASEAN Gaming Summit held its third edition of the conference in Manila on 19-21 March 2019 in Manila. The event was billed as the most...

Huis Ten Bosch agrees to sell 30 hectares to future IR operator

Nagasaki has made a major step forward in its plans to bid for an IR license by forming a trilateral agreement between the prefecture,...

Paradise City to open indoor amusement park this week

Paradise City, which is operated through a joint venture between Paradise Co. and Sega Sammy, plans to open an indoor family amusement park later...

Summit Ascent main shareholders mull share disposal

Summit Ascent Holdings, operators of Tigre De Cristal, has announced that its main shareholders, First Steamship Co Ltd, and Summit Ascent chairman Kuo Jen...