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DB lowers forecasts for Wynn Resorts

Deutsche Bank analysts have trimmed their 18Q2 forecast for Wynn Resorts, due mainly to lower than anticipated VIP volumes, increasing competition, and the impact...

Gongbei crackdown lowers May GGR forecast

The recent police operation in Zhuhai which saw illegal currency exchange stores wiped out may impact on May GGR, according to analysts from Bernstein....

Bernstein revises 2018 GGR growth forecast after strong 18Q1

After a strong first quarter, Bernstein analysts said they now expect GGR growth for the year to reach 14 percent in the year, up...

Fitch pegs Japan IR revenues at US$6 Billion

Fitch Ratings estimates that the first round of IR construction in Japan will create revenues in the US$6 billion range, much smaller than, for...
Solid Gaming

Knowledge trumps content in Asia’s complex i-gaming world

In Asia’s complex and diverse igaming landscape, having the right content means business success only if one more key ingredient is included - market knowledge. 

Instant and secure deposits

AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...

TRENDING ARTICLES

Ho Iat Seng

Coronavirus live updates: No HK/Macau travel bubble until fourteen days of no new cases

The latest news and updates on the Covid-19 (coronavirus) - with regularly updated information relating to new cases, travel restrictions and other information to...
Ho Iat Seng

Macau gaming law revision not likely until late 2021

Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry. 
Suppliers get igaming boost

Suppliers get igaming boost

Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
Resorts World Genting

Local VIPs buoy Genting’s Malaysia operations

Behind the sea of red in Genting Malaysia’s Q3 results, analysts found reason for cheer in the performance of its domestic operations, which generated a positive EBITDA of RM541 million ($133 million) in the quarter.

TAB NZ October profit beats budget

TAB New Zealand reported net profit for October of $15.8 million, which was $4.4 million above budget and $3 million above last year. Profit was driven by strong domestic and international racing and by the All Blacks' first international appearance since the Rugby World Cup. 

IPI sees full completion in 2022, workforce permitting

Imperial Pacific International's project director Jing Zhou has outlined a construction timetable for the resort, providing it has enough workers, saying Phase 2 of the hotel tower will be finished by the end of next year, while VIP gaming and the sky level should be finished by April 2022.