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Konami Gaming extends its growth in the global slot machine market

In FY2018 Konami Gaming posted sales growth of 5.2 percent and profitability growth of 8.2 percent as the Japanese company continued to gain market...

Macau GDP growth to slow sharply in 2018: IMF

Macau’s gross domestic product growth is likely to slow sharply this year and remain flat in 2019, according to the International Monetary Fund’s Autumn World Economic Outlook.

Macau visitor arrivals gain 19 percent in August

Visitor numbers to Macau rose 18.7 percent in August, lead by growth from Mainland China, according to information from the Statistics and Census Service.
Macau border (file)

COTRI ups China outbound forecasts for 2018 after strong H1

The China Outbound Tourism Research Institute (COTRI) has raised its estimate for Chinese border crossings for 2018 to 160 million following a strong-than-expected first half, with the Greater China region taking the lion’s share of the growth.

Investors waiting for Genting theme park clarity: Nomura

Genting Malaysia has clear catalysts for further growth, though investors are likely waiting for further clarity on the opening of its 20th Century Fox theme park before buying the shares, Nomura said in a research note.

June GGR tracking for 16-18 percent growth: Bernstein

Gross gambling revenue is tracking to growth between 16 percent and 18 percent in June if the currently daily rate is maintained throughout the month, Bernstein Research says.

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...

Genting 18Q1 results beats on strong VIP volume

Genting Singapore posted a 3.3 percent increase in net profit in the first quarter of 2018, reaching S$217.2 million (US$162.3 million), driven mainly by...

Bloomberry expects banner year after solid 18Q1

Philippine casino operator, Bloomberry Resorts Corp saw strong earnings growth in the first quarter of 2018, smashing prior records. Net profit increased 71 percent year-on-year,...

Pagcor net income grows 7.6 percent in 18Q1

Philippine’s state run gaming regulator, Philippine Amusement and Gaming Corporation (PAGCOR), posted net income of P1.4 billion (US$27.3 million) in the first quarter of...
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...

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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.
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. 

BBIN becomes official igaming partner of Atletico Madrid in Asia

BBIN said it has become the Official iGaming Supplier Partner of Atlético de Madrid in Asia.
India lottery

India’s Supreme Court upholds GST on lotteries

India’s Supreme Court has dealt a blow to the country’s lottery business, upholding the constitutional validity of imposing a General Services Tax (GST) on sales and winnings of lottery tickets.

India’s Supreme Court upholds GST on lottery sales

India's Supreme Court has rejected a petition by Skill Lotto Solutions against the government's decision to impose a general sales tax of 12 percent on lottery tickets. That tax rises to 28 percent if the tickets are sold to someone in another state.