An upper court in Guangdong, mainland China, has issued a press release citing what it termed “seven classic cases” about “combatting cross-border gambling crimes”, that had been heard in the province’s courts. 8 percent below the tally recorded for July. Dec 17, 2022 Newsdesk Latest News, Macau, Top of the deck. Macau junket investor Suncity Group has confirmed to GGRAsia on Friday that it was preparing the launch of new VIP gaming clubs at two separate Cotai casino resorts, respectively the Londoner Macao and Grand Lisboa Palace. The glass and steel Crystal Pavilion (pictured in an artist’s rendering) – as the group has dubbed it – and an. Macau’s gaming industry welcomed 2,500 new workers in the three months leading up to September 30, according to data released on Friday by the city’s Statistics and Census Service. The. Macau stole the gaming industry headlines at the very tail of 2022, with the dropping of a nearly three-year ‘zero-Covid’ policy that had involved extensive testing and use of quarantine. Vietnam has the potential to be a regional hub for VIP casino gambling, thanks to low operating costs and other favourable conditions, say several industry experts in comments to GGRAsia. Available to guests from that day will be three hotel towers with 1,275 rooms; a multi. 0 million for 2024; and HKD38. 2. Aside from those events, the name “Suncity” was already featuring in a variety of mainland investigations, GGRAsia has now been able to confirm after a review of official documents. 86 million visitor arrivals. A ‘Jin Ji Bao Xi Grand’ entrance from Light & Wonder. SOFTSWISS handles 26k player monitoring requests this year. The company’s EBITDA might reach HKD6. Casino equipment maker and digital gaming content provider International Game Technology Plc (IGT) says it will redeem on November 7 the outstanding EUR112. The MGM China group added that it would be entitled to receive reimbursement from MGM Resorts regarding the costs of the marketing offices, based on the referrals made to the parent’s properties. Kangwon Land Inc, controller of Kangwon Land, South Korea’s only resort complex to offer a casino open to locals, has been assessed for a total of KRW3. Most of the new supply already being built will be on Cotai, where two new hotels, offering 2,808 rooms in aggregate, are being developed. Oct 07, 2022 Newsdesk Latest News, Macau, Top of the deck. 9 percent from the preceding quarter, but down 10. The Philippine casino sector produced gross gaming revenue (GGR) of PHP56. It took Macau’s GGR for the nine months to September 30 to about MOP128. Litigation by 26 Capital It was announced last month that 26 Capital was suing Tiger Resort, Leisure and Entertainment – the promoter of the Okada Manila casino resort – urging the prompt. The filing noted the new group CEO had been. 28 billion) but was up 33. The 15 percent figure was understood to be a reference to share of Macau casino gross gaming revenue (GGR). 54 billion (US$3. ”Non-China VIPs key target for Asia casinos: marketers. Macao Government Tourism Office (MGTO) has confirmed to GGRAsia it has has been working with a number of major mainland online travel agencies to promote Macau-Hengqin tours aimed at families. Macau’s October casino gross gaming revenue (GGR) was up 30. Read More Pragmatic Play explores the Wild West with new game title Nov 17, 2023 Newsdesk iGaming, Latest News Pragmatic Play Ltd, a content provider to the iGaming industry, has launched its latest game title, called “The Wild Gang”. The ending of such measures might herald greater tourism volume and some stable recovery in casino. The property (pictured in. Operating income of US$52. To get the day’s top headlines delivered to your inbox every morning, sign up for our 5 Things newsletter. 55 billion (US$6. According to information collated by GGRAsia’s Japan correspondent, the verification of the signatures gathered could take a month. Andaz Macau, the second of the two new hotels in Phase 3 of the Galaxy Macau casino resort, is “expected to fully open all 700 rooms by Chinese New Year [CNY] 2024,” says a Thursday note from CBRE Securities LLC, referring to an important holiday period in mainland China. That could be a challenge particularly for Macau operators, that have spent more than a decade. 34 billion), which is as much as 90. The chatter on the ground was that part of the reason for the delay was the result of the [gaming] concessionaires not having sufficient cash on property, to return the junkets’ deposits,” remarked Ben Lee, managing partner of IGamiX Management and Consulting Ltd, to GGRAsia. grease. Currently, people travelling from Zhuhai to Macau are required to present a certificate – issued within 48 hours of departure from Zhuhai. 3 percent from the comparable 2022 period. The aggregate take for January to October was up 215. 9 percent from the prior-year period, said the country’s gaming regulator. The aggregate amount of money raised in the fiscal year to March 31 from those required to pay Singapore’s casino entry levy, surpassed pre-Covid-19 fiscal years, according to the Singapore Totalisator Board, the body responsible for collecting it. 9 billion. His comments were made. 30 million tourists, down 28. TKHS recently was appointed a logistics service provider for the Crown Sydney casino-hotel project, currently under construction in Barangaroo, Sydney, New South Wales. 45 billion (US$18. The operator of casino complex Newport World Resorts, in the Philippine capital Manila, is set to expand operations under its Philippine Inland Gaming Operator (PIGO) licence, with the addition of live table games, the property’s chief operating officer, Hakan Dagtas, told GGRAsia. Philippines poised to be region GGR leader says consultancy. 00 billion (US$3. ”. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()The country boasts a sizeable, licensed casino industry. Este detergente corta la grasa mejor que todos. Macau tender bidders told to up spending proposals, says CS. The Suncity venue in Manila confirmed to have closed last week was within the Okada Manila casino resort, according to checks done on behalf of GGRAsia. Macau’s airport handled a total of 116,343 inbound and outbound passengers and 975 aircraft movements from September 30 to October 6 inclusive, a seven-day period equivalent to 2019′s autumn Golden Week holiday season. The cohort includes academics in tourism education, and former and present figures from the casino industry, including individuals linked to Kangwon Land resort, run by Kangwon Land Inc. Mr Lui was. FBM Digital Systems, known as FBMDS and part of gaming equipment supplier FBM, says it has a new game with a Halloween-season theme, called “Champion Tales Crash-O-Ween”. May 13, 2022 Newsdesk Latest News, Macau, Top of the deck. The body just said it would “speed up” review of non-resident work permit applications, including applications filed by companies from the tourism and leisure sector. So said several commentators in remarks to GGRAsia. Games available for the Genesis Crest. That was still 21. In a written reply to GGRAsia, MGTO said it was “actively preparing. That is according to Craig Billings, group chief executive of Wynn Resorts Ltd, the parent of Wynn Macau Ltd. Mr Lei noted in his Wednesday comments: “This MOP10-billion fund is to help employees, residents and SMEs [small and medium-sized enterprises]. Macau-based casino operator Galaxy Entertainment Group Ltd announced on Monday that its new Galaxy Arena is to host in May two concerts by South Korean girl group Blackpink. Japan’s Nagasaki prefecture has confirmed to GGRAsia that it is still in talks with the national government over its casino-resort application, but hopes to achieve “accreditation as soon as possible” for its proposal. Maybank currently expects Genting Malaysia to post earnings before interest, taxation, depreciation, and amortisation amounting to MYR3. The objective of the proposed new rule against illegal deposit-taking activities is to deter the usage of casino deposits as “financial investments”, remarked Macau law firm MdME’s managing partner Rui Pinto. W Macau will add 557 rooms and suites (example. The investment pledge is part of an agreement with the country’s gaming. Bernstein Ltd. Singapore RWS 3Q VIP business solid without overpaying: analysts Nov 14, 2023 Newsdesk Latest News, Singapore, Top of the deck The third-quarter VIP gambling business for Genting Singapore Ltd, operator of Resorts. The Khmer Times said – citing Mey Vann, secretary of state at the Ministry of Economy and Finance – that a so-called self-declaration system for casino venues had. (Updated 6. 4 percent from the prior-year period. He cited factors including airlines still “normalising” operations. 34 billion in the second quarter this year, accounting for a share of nearly 73. Mainland Chinese tourists accounted for more than half of the aggregate number of visitors in the January to September period, at 353,220. Resorts World Manila is rebranding as “Newport World Resorts” (pictured) from Wednesday (July 20), the management of the Philippine gaming and leisure complex said in a press release that day. Apr 14, 2023 Newsdesk Japan, Latest News, Top of the deck. 6 percent relative to the first two weeks of the month, when inbound tourism was disrupted by bad weather, estimated JP Morgan Securities (Asia Pacific) Ltd in a Monday note. 0 million for 2025. The tally was up 107. Deutsche Bank’s revised estimate is. 4 percent year-on-year to US$94 million, compared to US$264 million a year earlier, according to a Tuesday announcement. The first phase of a multibillion-U. A total of 87 out of an aggregate 171 casino-licence applications had resulted in renewal as of October 10, said Ros Phirun, secretary general at the Commercial Gambling Management Commission of Cambodia, in recent comments to GGRAsiaMacau May GGR set for new post-Covid peak: brokerage. The W Macau hotel tower at Studio City Phase 2 (pictured in a rendering) in Macau is due to open in September, says Lawrence Ho Yau Lung, chairman and chief executive of Melco Resorts & Entertainment Ltd. Remedy for Macau illicit money swap biz still in review: govt. That is according to data released on Wednesday by the local regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ. Clarion said the venue-switch decision had been “endorsed by the ICE. The NagaWorld staging of the Mike Sexton WPT Champions Cup is a first in. 12 Jul 2022 · 6 minute read. L&W posts US$731mln 3Q rev, says gaming sales robust. 50 billion (US$2. The 16,000-seat, multipurpose Galaxy Arena. Ian Hughes, chief commercial officer for Gaming Laboratories International LLC (GLI), has highlighted the significance of testing services for products utilising artificial intelligence (AI) within the gaming industry as a key component of the company’s growth strategy. 9 percent. The city’s market-wide mass GGR “is recovering faster” than the ratings institution had forecast, added the memo. The event is scheduled to take place in Singapore, from August 24 to 26. He added: “Considering we are. 0 million (US$507. That was up 19. A revised “Osaka IR District Development. “The buyer has failed to pay the remaining balance of the purchase price of US$22. A data bank containing details including names, telephone numbers and email addresses for 665,000 shoppers at the Marina Bay Sands (MBS) casino resort (pictured) was last month breached and accessed by people. The calculations by Deutsche Bank analyst Carlo. Casino sales rose 38. The Macau government’s proposed rejig of gambling-credit law is unlikely to have much impact on the city’s existing satellite casinos, said Hoffman Ma Ho Man, one of the bosses of Macau gaming resort Ponte 16, in comments to GGRAsia. 39 million) in fines, for 182 cases of breaking anti-money laundering (AML) rules. Though he added that was because such credit issuance had dramatically reduced in the Macau market. 0 million) in the six months to September 30, the first half of its current financial year. According to one of them, the policy may persist into next year, with the potential for continued impact on Macau’s casino sector. That is according to Robert Goldstein. The October result took Singapore’s visitor aggregate for the first ten months of this year, to 11. Sep 14, 2023 Newsdesk Latest News, Macau, Top of the deck. As part of the brand’s plans and to “effectively control. 2 percent month-on-month, to MOP14. In an emailed reply to GGRAsia, Macau’s Labour Affairs Bureau did not comment on the average waiting times on non-resident work permit approval. One of them was a verdict – on an unspecified date – of the. 5 million inbound and outbound passenger trips this year. Kevin Kelley, chief operating officer, Macau, at Galaxy Entertainment Group Ltd, will give a keynote speech in the morning,. We hope there will be a [daily average of] 80,000 to 90,000 visitor arrivals during the upcoming Golden Week. 34 million) of its EUR500. Macau recorded casino gross gaming revenue (GGR) of MOP15. Macau gaming tax revenue tops US$6. 1,557 likes · 3 talking about this. The force said it had proposed a joint “task force” regarding the threat of illicit money changing. Referring to the scouting work of the company in other markets, Mr McNally told GGRAsia in an interview: “We’ve been in Japan and in many other places, and while we have to be mindful of our investments, by the same token we have the type of profile now and relationships with financial institutions where we are in a position to take a look. 55 billion (US$6. 77 billion at the end of September, a reduction of US$100 million compared to the total debt balance as of June 30, 2023, according to the company. “We now expect the region’s fourth-quarter mass GGR will be equal to its levels in the fourth quarter of 2019,” said the ratings agency. In September and August, casino sales had fallen sequentially at the property on Jeju, a semi-autonomous. Some political voices in Thailand that favour legalising bricks-and-mortar casinos stop short of supporting the legalisation of online gambling. Mr Hornbuckle stated. 7-percent increase from a year ago. Sources have told GGRAsia that a number of casino operators is already urging staff to take non-paid leave for varying periods of time as the Covid-19 crisis lingers. GGRAsia. Macau casino gross gaming revenue (GGR) for the first 12 days of November was circa MOP6. 00 billion, up 90. Casino operator Genting Singapore Ltd reported generated third-quarter revenue of just below SGD690. 21 million achieved in October 2019, the year prior to the start of the Covid-19 pandemic, showed the data. Macau is seeking to expand meaningfully and soon the percentage of its visitors from overseas, beyond the 2. Nov 14, 2023 Newsdesk Latest News, Singapore, Top of the deck. Sourcing more foreign players is a way for the Macau junkets to cope with the new reality, suggested local gaming scholar Ryan Ho Hong Wai, in comments to GGRAsia. Jumbo aims to develop new and diversified ETG games. The Philippine casino regulator has confirmed to GGRAsia that all casinos in the Metro Manila area (pictured) – public-sector as well as private-sector ones – have currently suspended gaming operations due to the national government reintroducing a so-called enhanced community quarantine as a Covid-19 countermeasure. 32 billion in 2024. Mr McNally told GGRAsia: “We have already acknowledged the prior concerns expressed by UNESCO. 6 million visitor arrivals for the first eight months of this year, according to the city’s Secretary for Economy and Finance, Lei Wai Nong, in comments to reporters on Wednesday. 2 percent of all casino gross gaming revenue (GGR) in the period. Macau gaming tax revenue tops US$6. The regulator told GGRAsia: “As stated in Section 4. Despite posting strong revenue growth in the first quarter, Macau names are likely to wait. Thursday’s announcement confirmed the start of prepartory work on the project site,. Such reimbursements are capped at HKD24. Even in the so-called ‘grind’ or ‘base’ mass segment, minimum bets were sometimes as high as HKD3,000 (US$382. Cloee Chao Sao Fong, head of local gaming labour activist group New Macau Gaming Staff Rights Association, told GGRAsia: “As far as we know, all casinos allow their table game staff. Jeffrey Kiang, an analyst at brokerage CLSA Ltd, said in response to an enquiry for GGRAsia regarding autumn Golden Week “…the MOP643-million [US$79. The institution announced on October 26 an “off-cycle” 25 basis points rate hike, raising its benchmark interest rate to 6. Las Vegas Sands is also the parent of Macau casino operator Sands China Ltd. 4 million declined 4. Jeju Sun Hotel and Casino, a property of Philippines-listed Bloomberry Resorts Corp, has confirmed to GGRAsia – in response to our telephone enquiry on Tuesday – that it will reopen on October 3. Morgan Stanley now expects Macau’s gaming industry EBITDA to reach nearly US$6. The banking institution added it was maintaining its November full-month GGR forecast at. According to information gathered by GGRAsia’s Japan correspondent, Mayor Matsui reiterated Osaka’s desire to start its request-for-proposal (RFP) phase with potential private-sector partners this month. 8 percent from the prior-year period. Sep 29, 2023 Newsdesk Latest News, Trends & Tech. Macau’s daily casino gross gaming revenue (GGR) could be circa 17 percent higher during China’s Golden Week holiday straddling the end of September and start of October, than is expected for the rest of October, says Morgan Stanley Asia Ltd. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()Jan 09, 2023 Newsdesk Latest News, Macau, Top of the deck. The institution said net revenue for the sector should be about US$24. Ms Zou’s “deep understanding of the pan-Asian consumer will enable her to effectively lead the Wynn team in customer. GGRAsia asked the gaming bureau via a follow-up enquiry, whether: the regulator had received any complaints regarding the perceived safety of casino chip attribution system technology – also known in the industry as CCAS; whether the bureau had discussed such a matter with the casino operators; and whether there was the. 2 percent year-on-year. He added: “Considering we are tracking circa. 57 billion (US$1. . Fitch tips Macau economic rebound at 65pct this year. His comments were made. Hong Kong-listed LET Group Holdings Ltd, an investor in Asia-Pacific region casino projects, says a US$27. 95 billion, up 305. The announcement of Vietnam’s cooperation with China on security-enforcement issues, including against organisation of “cross-border” gambling, could be with an eye to boosting general tourism from neighbouring China when the latter nation eases pandemic-related constraints on outbound foreign travel, says Michael Zhu, a consultant. Hong Kong-listed LET Group Holdings Ltd, an investor in Asia-Pacific region casino projects, says a US$27. Regarding other work by the division, Mr Son said that some of its officials were scheduled to visit Osaka, Japan, this month – accompanied by representatives. The Philippine casino sector produced gross gaming revenue (GGR) of PHP56. 61 million passengers handled in 2019, the last trading. . “This looks like another step” in the “direction,” of firmer control he added, referring to the proxy gambling. Industry consultant Ben Lee told GGRAsia that in his opinion, “Singapore has the tightest anti-problem gambling measures in the world,” in addition to an entry levy applicable to Singapore citizens and permanent residents. Nov 14, 2023 Newsdesk Latest News, Macau, MGS Entertainment Show, Top of the deck. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()China’s move to criminalise any efforts to organise and solicit mainland residents for the purposes of gambling abroad, is “definitely not good news” for Macau’s junket sector, said Luiz Lam Kai Kuong, a veteran Macau junket investor, in comments to GGRAsia. Slot win reached US$118 million, up from US$29 million a year ago, and circa 77 percent of 2019 levels. Sep 28, 2023 Newsdesk Latest News, Philippines, Top of the deck. Macau non-gaming desirable, ops cannot do it all, say pundits. JP Morgan said that based on its own checks, Macau-market GGR for the first 18 days of June was estimated at MOP9. Such reimbursements are capped at HKD24. Macau’s tourism industry is currently preparing package tour products aimed at overseas markets that already have direct flights to the city, namely South Korea, Japan, Malaysia, Singapore and the. A number of commentators spoken to by GGRAsia indicated that public support was vital for the plan to have a chance of success. GGRAsia has approached Galaxy Entertainment seeking comment on the addition of a junket at Galaxy Macau, and asking if more junkets would also be hosted at Yinzuan Club. Macau casino GGR US$348mln for Nov 1 to 5: JP Morgan November 6, 2023; SJM Holdings, Melco group outlooks now stable: Moody’s November 17, 2023 Macau 3Q GDP more than doubles as gaming exports soar November 17, 2023; Macau gaming tax revenue tops US$6. Macau embracing electronic play, new clients: Galaxy COO. Sep 26, 2023 Newsdesk Latest News, Macau, Top of the deck. MGS Entertainment Show, a Macau-based casino industry trade exhibition and conference, starts its 2023 edition today (Tuesday) at Galaxy International Convention Center (GICC), at the Galaxy Macau casino resort. That was still 21. Mr Feldman, who spent nearly 30 years with casino operator MGM Resorts International, is a Distinguished Fellow at the University of Nevada, Las Vegas’. Macau’s casino gross gaming revenue (GGR) stood at MOP11. The government wants the integrated resorts [IR] to feed tourists to the local communities. GGRAsia is approaching 26 Capital, seeking comment on the counterclaims made by UE Resorts International Inc and the three other companies. That could be a challenge particularly for Macau operators, that have spent more than a decade generating a lot of. Macau-based junket operator Meg-Star International has confirmed to GGRAsia it is currently preparing for “two new openings” of fresh-to-market VIP gaming clubs in the city. In comments to GGRAsia, Macau’s Sports Bureau indicated the public-sector role was mainly one of facilitation for initiatives from the community and the private sector – specifically mentioning the gaming concessionaires – rather than ‘big-picture’ planning. 7 billion (US$13. This detergent cuts the grease better than all the rest. The chairman of Hong Kong-listed Cambodian casino operator NagaCorp Ltd has told GGRAsia the firm is “pleased” that a “a reasonable approach continues with the new law” on casino gaming in that country, with regard to taxation. 79 billion (US$3. “This is also higher than the current market consensus and the change is mainly due to the. . GGRAsia has approached Galaxy Entertainment seeking comment regarding the foreigner-only gambling zone. Goldman Sachs said that in the context of market rivals recently adding new hotel product in the Cotai district, then the 450 Raffles-branded suites would help. The Macau government is to reduce its 2022 gross gaming revenue (GGR) forecast for the city’s casino industry. That is despite the announcement in recent days of Covid-19 infection in Macau. The brokerage forecasts approximately MOP750 million (US$93. 1. That is according to data released on Monday by the country’s casino regulator, the Philippine Amusement and Gaming Corp (Pagcor). The promoter also organises gaming-industry-related gatherings in North America and Africa. 18-billion casino and resort scheme in Van Don district – located in the country’s northern. The House of Dancing Water (pictured in a file photo), a hit Macau casino resort show that was suspended ultimately in June 2020 amid the Covid-19 pandemic, is to return to Macau in “late 2024”, says its backer, Macau casino operator Melco Resorts and Entertainment Ltd. The first edition of ICE Asia has been postponed from this. The event is scheduled to take place in Singapore, from August 24 to 26. The latest stipulation was corroborated to GGRAsia by Cloee Chao, head of local gaming labour activist group New Macau Gaming Staff Rights Association. 6 million) at the Jeju Dream Tower resort in South Korea, said its promoter Lotte Tour Development Co Ltd in a Wednesday filing to the Korea Exchange. 0 billion and US$1. 5 billion (US$1. “We plan to open for business, including local citizens of. This October’s tally was 85. A unit of Japan’s Sega Sammy Holdings Inc is to pay US$1. 2 days ago · Gaming software and services provider SOFTSWISS says the Asia-Pacific (APAC) region “offers a substantial opportunity” for the iGaming industry in 2024. The first phase of Ixora Ho Tram by Fusion, launched at a ceremony in August, includes 164 rooms in a condotel tower and 46 beach villas, taking the current number of operational rooms at the whole Grand Ho Tram Strip site, to over 1,300. Non-China VIPs key target for Asia casinos: marketers. Jun 01, 2023 Newsdesk Latest News, Macau, Top of the deck. The conclusion was based on data the company compiled for a report it produced detailing the key trends that will shape the online gaming sector in the coming year. The criminal penalty idea – along with others – is subject to a 45-day public consultation that started on September 15. 6 billion (US$820. 59-million visitor arrivals in February , a major year-on-year improvement coinciding with the lifting in early January of most Covid-19. The debt figure was “about 70 percent higher than the level in 2019,” stated the ratings agency. Mr Power also confirmed that the project. 4 percent from a year earlier. Andrew Lee, an analyst at brokerage Jefferies Hong Kong Ltd, said in a Wednesday note, that MGM China’s “monthly market share increased to 15. It was the best monthly performance since January 2020, at the very beginning of the Covid-19 pandemic, when the city’s. Macau’s Secretary for Economy and Finance, Lei Wai Nong (pictured, centre), has urged the city’s gaming operators to increase staff salaries in 2024, if the companies have the “conditions” to do so. Nov 23, 2023 Newsdesk Latest News, Macau, Top of the deck. “Aruze has been doing very well in the Philippines, [at] Genting Malaysia, [in] Australia and New Zealand,” he noted, referring secondly to the operator of Malaysia’s only licensed casino resort. Read More What: GGRAsia, a business-to-business website and newsletter for the Asian casino industry. 1 percent year-on-year. ” He added, regarding his staffing: “We have a solid poker team. “We are thrilled to welcome Betty. 38 billion) in the first 21 days of May, estimated JP Morgan Securities (Asia Pacific) Ltd, citing its own checks. A representative at Jeju Dream Tower casino, a foreigner-only venue on the holiday island of Jeju, told GGRAsia that following the ministry’s ruling, it had since April converted an ETG stadium with 71 seats, to a fully-automated setup (pictured). The city’s market-wide mass GGR “is recovering faster” than the ratings institution had forecast, added the memo. 65 billion (US$824. 6 million visitor arrivals for the first eight months of this year, according to the city’s Secretary for Economy and Finance, Lei Wai Nong, in comments to reporters on Wednesday. He told GGRAsia: “Osaka, Wakayama and Nagasaki and their IR partners will each have to earn national approvals for their IR development plans. In a Monday filing, Ainsworth – majority-owned by Austria’s Novomatic Group AG – said the review process was “in the early stages and no expressions of interest have been received by the company”. The consultation document made no mention of satellite casinos. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()“Naga opened yesterday [July 8] with a very positive public response,” Mr McNally told GGRAsia. The “ICE” branding is used by Clarion Gaming for a popular London, United Kingdom event each year. e. “We are pleased the new gaming legislation has passed,” said Tim McNally, referring to a statute known as. As of February, Macau had a total of 38,839 operational guest rooms via an aggregate of 126 hotels and inns, according to information provided by Macao Government Tourism Office (MGTO) to GGRAsia. Online gaming compliance testing services have become an important part of the testing work being done by Gaming Laboratories International LLC (GLI) in Asia, says Ian Hughes (pictured), the firm’s vice president of global services. 2 percent year-on-year. The Office of the Ombudsman in the Philippines has had submitted to it some charges against the chairman of the Philippine Amusement and Gaming Corp (Pagcor) and nine other individuals, concerning allegedly-illegal release and disappearance of funds totalling. 6 percent compared to only PHP96. 8 million, from US$8. Casino groups MGM. 2 percentage points from August, but up by 41. The City of Dreams (CoD) Mediterranean casino resort (pictured) in the Republic of Cyprus has made 130 employees redundant, and opted not to extend the engagement of 51 probationary staff, the property’s promoter Melco Resorts & Entertainment Ltd has confirmed to GGRAsia. The figure compared with an August GGR result of MOP17. Aristocrat Gaming is aiming to supply the “lion’s share” of circa 3,000 gaming machines that are likely to enter the Macau casino market per year, said Lloyd Robson, general manager for Asia, in an interview with GGRAsia. “Standing bets are allowed. The product is also in the Manila market in the Philippines, in Singapore, and in. Lvmama is. A spokesperson for MegaLuck Casino, run by Hong Kong-listed New. Casino regulator the Philippine Amusement and Gaming Corp (Pagcor) has confirmed to GGRAsia that some casino resorts in that country have been allowed to reopen “limited to a maximum of 30 percent capacity” and with strict health countermeasures against Covid-19. A Thursday release on behalf of W Hotels – a marque of hotel conglomerate Marriott International Inc – had said W Macau was “slated to open on September 8” at Studio City, a Macau casino resort property majority-owned by global gaming operator Melco Resorts and Entertainment Ltd. (fatty tissue) a. “This implies last week’s GGR run-rate improved further to circa MOP570 million per day, versus circa MOP530 million per day a week ago,” wrote the analysts. Up to seven UAE casino licences possible: report. 23 billion (US$2. S. Resorts World Cruises, a casino cruise brand set up last year by Malaysia’s Lim family shortly after the liquidation of former casino cruise operator Genting Hong Kong Ltd, is to run cruises to the. He was speaking on Wednesday on the firm’s conference call with analysts. Mohegan Inspire Entertainment Resort, a complex at Incheon, South Korea, is to have a “soft opening” next Thursday, November 30, announced its promoter, the Mohegan Tribal Gaming Authority. 72 billion in April. 7 percent from a year earlier, to nearly. The City of Dreams (CoD) Mediterranean casino resort (pictured) in the Republic of Cyprus has made 130 employees redundant, and opted not to extend the engagement of 51 probationary staff, the property’s promoter Melco Resorts & Entertainment Ltd has confirmed to GGRAsia. Casinos are coming under renewed scrutiny by global regulators seeking to crack down on money laundering and misconduct within the gaming industry worldwide. 58 million sq. The bureau stated: “In the process of promoting the implementation of non. Macau recorded a total of 17. As reported by GGRAsia last month, a gambling zone for foreigners was already in place at the Venetian Macao casino resort, run by Sands China Ltd. 17), with the lowest bets there still in the hundreds of Hong Kong dollars. SOFTSWISS Sportsbook saw a 438-percent year-on-year rise in the number of bets in the third quarter, and gross gaming revenue (GGR) up. GGRAsia. Macau’s casino GGR for the ten months to October 31 reached MOP148. 81 billion (US$117. 0 million for 2024; and HKD38. An organiser of Global Gaming Expo (G2E) Asia, a casino industry conference and trade exhibition that has been held annually in Macau since its inception in 2007, says that this year there is to be a Philippines edition on December 3 and 4 at the Manila Marriott Hotel at the Resorts World Manila casino resort. The group added in its Monday statement, referring to the. 04 million (US$118. 7 percent from MOP14. The third-quarter loss at Macau casino operator SJM Holdings Ltd declined by 78. WPT confirms Vietnam, Cambodia meetings for 2024 season. Macau’s casino gross gaming revenue (GGR) for the first eight days of October is estimated at MOP6. “The process will look to review and assess all strategic alternatives which could assist the company in maximising shareholder value. RGB 2023 gaming machine sales to be double 2019 record. There has also been recent analyst commentary that the recovery of outbound tourism from. Jan 15, 2018 Newsdesk Latest News, Macau, Top of the deck. An upper court in Guangdong, mainland China, has issued a press release citing what it termed “seven classic cases” about “combatting cross-border gambling crimes”, that had been heard in the. The institution said net revenue for the sector should be about US$24. The ending of such measures might herald greater tourism volume and some stable recovery in casino. That was because it came amid the backdrop of already-challenging trading. The introduction of Philippine Inland Gaming Operator (PIGO) licences has reshaped the gambling scene in the Philippines, as large-scale integrated casino operators have ventured into the online space, fostering increased trust among players in this type of gambling, according to Suat Sirin, president of Tecnet Asia Inc, a firm providing. Acquiring VIP and premium-mass gamblers from outside China is a priority for Asia Pacific casino operators, say several industry marketing specialists spoken to by GGRAsia. 97 per share to acquire GAN Ltd, an online gaming enterprise offering business-to-business software services in the United States, and business-to-consumer services in Europe and South America. Such revenue was up 374. It could be “2025 or 2026” before Macau International Airport sees 2019, i. Since that date, the two properties have also been allowed to loosen capacity limitations at several of their non-gaming attractions. Fitch highlights a few risks faced by Macau’s casino sector. ”. Dec 28, 2022 Newsdesk Latest News, Macau, Top of the deck. 29 billion), to JPY1. S. Macau’s September casino gross gaming revenue (GGR) fell by 13. The criminal penalty idea – along with others – is subject to a 45-day public consultation that started on September 15. That would be before the national government has published its so-called basic policy on IRs, a milestone likely in the first quarter 2020. So said Andrew Lo Kai Bong, an executive director of the Hong Kong-listed entity, in comments to. Jeju Sun’s operation has been paused since March 21, 2020. GGRAsia asked Mr Kelley about Friday’s market-wide stock price correction, which saw Galaxy Entertainment shares down 6. Standing bets are again allowed at table games at Singapore’s two casino complexes since August 19, the Singapore Tourism Board (STB) confirmed in an emailed reply to GGRAsia. But the official said the government could not demand the six casino concessionaires to make such salary adjustment. Halloween-theme game debuts for FBM Digital Systems. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. 3 percent month-on-month in October, to KRW19. The UM team estimates that. The announcement to the Philippine. 94 billion (US$1. ” Door still. Cambodia has started operating its already-flagged new casino taxation system based on gaming revenue, rather than on lump-sum payments, it was reported on Monday. Macau gaming tax revenue tops US$6. Kevin Kelley, chief operating officer, Macau, for Galaxy Entertainment, had told GGRAsia in July that the group was “exploring a few more” junket partners as. Galaxy Entertainment however sees the “extensive refit” of Grand Waldo as not final. 1 percent from the prior-year period. Hoiana, a resort with a foreigner-only casino,near Hoi An in Quang Nam province, and in which Hong Kong-listed Suncity Group Holdings Ltd has an investment, told GGRAsia last week that it would be one of the tourism destinations able to welcome guests from overseas as part of the “vaccine passport programme”. 67 trillion (US$248. fat. Its 2023 forecast as issued in November had been for above US$19. Aggregate revenue in the mass-market segment stood at MOP33. The Wakayama prefectural government has been active in pursuing the opportunity to host a casino resort. What does grasia mean? Information and translations of grasia in the most comprehensive dictionary definitions resource on the web. Dec 17, 2022 Newsdesk Latest News, Macau, Top of the deck. The casino at Corona Resort and Casino, on Phu Quoc island, is to open on Saturday, confirmed to GGRAsia the entity managing gaming at the venue. 5 million), versus a HKD1. SJM posts US$73mln in 3Q EBITDA, narrows quarterly loss. Nov 14, 2023 Newsdesk Latest News, Macau, Top of the deck. 8 million, from US$8. The beachside project is in Ba Ria, Vung Tau, in southern Vietnam. 0 million for 2023; HKD29. 9 points out of a possible 1,000, with 600 points being the threshold for acceptance, according to information from the Japan Tourism Agency collated by GGRAsia’s Japan correspondent. Macau recorded nearly 2. The information had first been disclosed by Melco International. It expects Wynn Macau Ltd’s costs to be 100 percent to 105 percent of 2019’s. [1] They are typically found in shady crevices of calcareous rocks at altitudes of 1,000–3,600 metres (3,300–11,800 ft). 6 million, and the deal is expected to close. 29). The conclusion was based on data the company compiled for a report it produced detailing the key trends that will shape the online gaming sector in the coming year. “The Japanese government is continuing the review of Kyushu-Nagasaki IR, but no schedule has been given,” said. Oct 10, 2023 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck . 1 million), up 15. The proportion of Macau visitors in October this year. Apr 14, 2023 Newsdesk Japan, Latest News, Top of the deck. GGR rose sequentially for the third consecutive month. GGRAsia asked Mr Kelley about Friday’s market-wide stock price correction, which saw Galaxy Entertainment shares down 6. Labour Day proper, is May 1. ”.