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Melco's Morpheus Hotel Macau

Morpheus boosts Melco’s Q2 results

Melco Resorts & Entertainment said its Q2 revenue rose 17 percent, helped by the opening of its Morpheus hotel in June last year and higher hold rates, though performance at its City of Dreams Manila property weakened on increased competition.

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 gaming taxes up 17 pct in Jan-Sept.

The Macau government saw a 17 percent year-on-year rise in direct gaming tax revenue in the first nine months of the year, according to data from the Financial Services Bureau (DSF) released on Monday.

Midnight Bicycle Racing revenues up 13.7 percent

Midnight Bicycle Racing is boosting the otherwise flagging revenues of bicycle racing across the nation. According to the latest figures released by the National...

Trade war creates headwinds for Macau gaming stocks

Macau gaming stocks are feeling the heat from the trade war between the U.S. and China, falling to their lowest levels in a year, with some analysts cutting their growth forecasts on concern for a slowdown in China’s economy.

Paradise Sept. revenue flat

Paradise Co., which runs foreigner-only casinos in South Korea, reported flat September revenue, though for the first nine months of the year, sales have risen 17 percent.
Singapore

Tourism spending points to promising trend

Singapore tourism arrivals are up just over 7 percent in the year to July, but a closer look at the detailed breakdown provided for Q1 shows that for the second consecutive quarter, visitors spent more on gaming, sightseeing and entertainment than in its glitzy shopping malls.

GPI sees revenue gains from Asia, RFID chips

Gaming Partners International saw a more than 51 percent increase in Q2 revenue, driven by surging demand for casino chips containing RFID technology and surging sales in Asia.

Transact Q2 revenue gains 8 percent as international casino sales surge

Transact Technologies said its Q2 net sales rose 8 percent, boosted by surging sales to casinos in Europe, Asia and Australia.
Pokerstars

Stars Group Q2 revenue gains 34.8 percent, helped by Australia

Canada-based Stars Group, owner of the PokerStars brand, reported a 34.8 percent jump in Q2 revenue, helped by recent acquisitions in Australia.
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. 

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...
Cruise Ships Crisis

Cruise industry struggles with Covid comeback

As the world struggles to get back to its feet, the Covid-19 pandemic has left the cruise community wondering if things will ever get back to the way they were before.

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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.
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. 
Sega Sammy Wealth Rush

Sega Sammy releases Wealth Rush

SEGA SAMMY CREATION INC. has released its new linked game series “Wealth Rush”. This multi-denom game series features a four-level symbol-driven style Jackpot configuration that has proven to be a huge hit with players everywhere.

Okada Manila warns against fake room/scent sales

Okada Manila is warning against fake sales of its hotel rooms and signature scents. In two notices on its website, it says the scents are counterfeit and the rooms are being sold through unauthorized agents. 

Reef Casino Trust sees rise in H2 distributable profit to $8.5m

Australia's Reef Casino Trust said it expects distributable profit for the second half to be about $8.5 million, up from $5.2 million in the second half of last year, explaining it has had a solid second half with good rental income from the Reef Casino Hotel.