Tuesday, October 15, 2019

HEADLINES

Crown Resorts

Crown employees down tools in pay standoff

Employees of Crown Resorts in Melbourne downed tools on Tuesday and threatened the first strike in 16 years to press for wage increases and better conditions.

Melco, MGM seen gaining market share: Bernstein

Melco Resorts & Entertainment and MGM Resorts are likely to have gained market share in Q3 as new properties ramp up, while Wynn Resorts and Galaxy Entertainment may have slipped due to their greater reliance on VIP, Bernstein analysts say.
JCM Global logo

JCM to use facial recognition for casino security

JCM Global has announced a partnership with Las Vegas-based eConnect to utilize facial recognition to enhance casino security.
The 13, Macau

Southshore sells 40% stake in The 13

Southshore Holdings says it has reached an accord to sell 40 percent of the company that owns Macau luxury hotel The 13 for HK$750 million ($95.6 million).

Delta Corp profit up 22.7% in 19Q3

India casino operator Delta Corp saw its Q3 profit rise 22.7 percent year-on-year to 59.04 crores, due mainly to a reduction in tax expenses.  The...
HKZM Bridge

Macau to attract a record 40 million tourists in 2019

Macau visitor arrivals are expected to hit a record 40 million in 2019, driven by traffic over the Hong Kong, Zhuhai, Macau bridge. 

TRENDING ARTICLES

September GGR in line with reduced analyst expectations

Macau GGR rose 0.6 percent year-on-year to MOP22.1 billion in September, in-line with analysts’ revised expectations for the month.  Average daily revenue for the month...

Tasmania to introduce of one Australia’s highest POC taxes

Tasmania is set to become the sixth state in Australia to introduce a point-of-consumption tax, aimed at properly taxing wagering operators on their operations,...

Protests, Xi Xinping visit not likely to impact GGR: Bernstein

Protests in Hong Kong and the upcoming December visit by  Chinese President Xi Xinping is not likely to have a significant impact on GGR...
Okada Manila

Okada Sept. GGR jumps 29.5%

Okada Manila saw gross gambling revenue rise 29.5 percent in September, with strong gains from both the VIP and mass market segment.

SkyCity creates hotel management division

SkyCity Entertainment Group has created a new hotel management division in an effort to create a wider network of SkyCity branded properties.  Named SkyCity Hotels...

ASEAN Gaming Summit

      The ASEAN Gaming Summit returns on 17-19 March 2020 at the Shangri-La BGC in Manila, the Philippines for its high-anticipated fourth edition. Following popular demand, the three-day conference aims...

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