Asia Pioneer Entertainment Holdings Limited (APE) has announced that Ms. Maria Garcia was appointed as APE’s first female Director since the company's listing on the Hong Kong Stock Exchange in 2017, with effect from 30 September 2024.

The number of closures of VIP junket rooms in Macau is going to be large. Prior to COVID-19, VIP gaming accounted for more than 46 percent of Macau’s $36.4 billion 2019 gross gaming revenue (GGR). Casinos share 39 percent of their GGR with the Macau government. It is believed that this will have a significant impact on the casino floor’s product mix. From a positive view, the floor may open up to more EGEs. 

On track for a cash flow crescendo! Wynn Al Marjan Island is set to enhance Wynn Resorts' global cash flow by 2027, according to Deutsche Bank, with a projected GGR of up to $1.66 billion and significant margin improvements from lower UAE gaming tax rates. Meanwhile, despite economic challenges in China, the online travel agency platform Trip.com reported record travel orders, reaching an all-time high during October's Golden Week and surpassing 2019 figures. Top outbound destinations included Japan, Thailand, and Malaysia, indicating resilient travel demand.

Asia Pioneer Entertainment (APE) has managed to significantly lower its loss in the first half of the year, while seeing it revenue rise by more than 160 percent yearly, with the goal to return to full year profitability in 2024.

Roulette vs. Baccarat, electronic table games and the rise of AI. Retired casino cheat Richard Marcus looks at various vulnerabilities and how to mitigate them, noting that training and education can trump both technology and psychology.

Asia Pioneer Entertainment is not resting on its laurels, as it aims to leverage Macau's ongoing growth even as it keeps its eye on the potential within Southeast Asia. The company is "embarking on an expansion plan" which could make it a major player within the region, expanding its team and embracing new opportunities.

Macau-based electronic gaming equipment and consultancy company Asia Pioneer Entertainment (APE) expects to leverage Southeast Asia's growing market, diverse economies, and market potential to drive its own growth, according to Herman Ng, the company's CEO, in an interview with AGB.

The cooperation between Spintec Gaming Technology and Asia Pioneer Entertainment Limited (APE), which has started more than 10 years ago, has proven beneficial for both parties and has yielded important business success in the region. APE as the largest electronic table game distributor in Asia has now become the exclusive distributor for Spintec products beside Macau also in Singapore, Philippines, and Malaysia, while also remaining their trusted partner in Vietnam and Cambodia.

Third quarter results continue to flood in, with Wynn Macau registering a $162.65 million loss, a 70 percent annual increase, as the city remains under COVID restrictions.