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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

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...

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Will Japan score a home goal with sports betting regulation?

The prospect of legal sports betting in Japan has created a buzz in the global community, though industry insiders warn that Tokyo will need to do a better job on regulation than it has with casinos if the market is to reach its full multi-billion dollar potential.
Macau Skyline, GGR

Macau Week roadshow moves to Shanghai

Macau tourism authorities' campaign to attract visitors from the Mainland is moving to Shanghai, with a weeklong roadshow beginning on June 3.

Vietnam mulls plans to open Phu Quoc to vaccinated tourists

The Vietnamese government is studying ways to open up Phu Quoc island to fully vaccinated travellers as a first step in reviving international travel. 
hong Kong

HK police arrest 23 in multi-million dollar gambling bust

Hong Kong police have arrested 18 people in a bust on a triad-controlled bookmaking syndicate that took in more than HK$3.4 billion ($438 million) in illegal bets on horse racing and football in the first four months of this year.
Macau, tourism, stimulus package

Macau latest week GGR down 24% from prior: Bernstein

Macau's gross gambling revenue in the second week of June was down 24 percent from the prior week and off 51 percent from May due to ongoing restrictions in neighbouring Guangdong on new Covid outbreaks, according to Bernstein Research.