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Rich Goldman logo

Rich Goldman expects financial losses for the year 2021

Rich Goldman Holdings expects to record a narrowed loss for the financial year ended June 30, 2021 of around HK$21 million.
Macau, casino, regulation

Macau operators’ market share shuffle [Infographic]

In August, Macau's six gaming concessionaires and sub-concessionaires filed their second-quarter results, rounding off a three-month period of mixed fortunes. 

Former Crown Chairman says some VIP clients were “dubious”, reports

The former chairman of Crown Resorts has told the royal commission in Perth that the company’s special treatment for high rollers cost the company millions.
Halong Bay, Vietnam

Vietnam offers a tempting road to a new type of gaming within Asia

With Macau’s gaming industry failing to recover as quickly as expected, and ever-increasing oversight from Mainland China, what country within Asia offers the best conditions to be able to develop into something akin to the SAR’s glory days as the world emerges from the pandemic?
Grand lisboa Palace, macau

Grand Lisboa Palace opens with mass gaming only, 118 tables to be transferred to...

The last major integrated resort scheduled to open on the Cotai Strip, the Grand Lisboa Palace, opened its doors to the public at noon on Friday.

Melco’s Altira to shift from VIP focus to premium mass

Melco Resorts says it is shifting the focus of its Altira property in Macau from VIP to that of premium mass, as part of the company’s strategic shift towards the high-margin market. 
International Entertainment gains provisional license for Manila IR

International Entertainment signs casino operating agreement with PAGCOR

Hong Kong-listed International Entertainment Corp is planning to develop an integrated resort casino in Manila-Philippines, featuring 250 gaming tables, 100 junket tables, 1,600 slot machines and 800 5-star luxury hotel rooms, as well as restaurants, leisure facilities and shopping arcades.
Okada-Manila

Okada Manila June figures improve, lead by surge in VIP

Okada Manila's Q2 results show a sharply improving trend for the month of June, with revenue from VIP gaming almost doubling.

Macau market seen 25% higher than 2019 by 2025

Macau’s gross gambling revenue is likely to be 25 percent higher in 2025 than it was in 2019, according to analysts at Bernstein, who say the long-term structural story for the market, driven by mass and premium mass gaming remains intact. 
crown melbourne

Crown exec wanted to bring back illegal credit card scheme: testimony

Courts in the Australian state of Victoria heard on Friday that a Crown Resorts executive close to James Packer wanted to bring back an illegal high roller credit card scheme.

UPCOMING EVENTS