Scientific Game

Daily News

Macau GGR up 27.6% in April as surge continues By Ben Blaschke Macau’s surging gaming industry enjoyed another impressive month in April, with gross gaming revenue rising 27.6% year-on-year to MOP$25.7 billion. The figure represents 21 consecutive months of GGR growth for Asia’s gaming hub and easily beat consensus which had the increase c...
Tuesday, 01 May 2018 15:04

Macau hotel occupancy rate up 6.3% in 1Q18 A 9.2% year-on-year increase in the number of tourists (3,352,000) visiting Macau during the first quarter of 2018 resulted in the average occupancy rate of hotels and guesthouses hitting 88.8%, up 6.3% compared to the same period in 2017, official government figures show. March’s average occupan...
Tuesday, 01 May 2018 15:00

Inaugural G2E Asia Awards nominees to be announced today! Inside Asian Gaming and G2E Asia, co-organizers of the inaugural G2E Asia Awards, will announce the official nominees for the 2018 G2E Asia Awards today. The highly-anticipated announcement of the official nominees comes after a total of 277 public nominations were received for the 12 award cate...
Monday, 30 April 2018 07:04

Silver Heritage books 1Q18 loss but Nepal revenue growing Australian-listed Silver Heritage Group has announced gross gaming revenue of US$911,000 at its Nepal IR, Tiger Palace Resort, for the first three months of operation to 31 March 2018. But the company expects those numbers to surge through the remainder of 2018 following a significant uptick in rev...
Monday, 30 April 2018 06:54

Meg-Star launches sixth Macau VIP club at City of Dreams Macau junket operator Meg-Star International has launched its latest VIP Club at City of Dreams. The opening, announced in January, is Meg-Star’s sixth Macau VIP Club following the opening of Meg-Star Lian Sheng VIP Club at Wynn Macau in December. A seventh club is due to open at MGM Cotai later ...
Monday, 30 April 2018 06:36

Japan government submits IR Implementation Bill to the National Diet Japan’s ruling Liberal Democratic Party submitted the long-awaited IR Implementation Bill to its parliament, the National Diet, on Friday after officially approving its casino regulations. Although doubts have surfaced over whether the bill will be passed before the end of the current Diet sessio...
Monday, 30 April 2018 06:25

Macau Legend completes sale of Landmark Macau Legend Development Ltd has completed the sale of peninsula hotel and casino The Ladmark Macau. In a filing to the Hong Kong Stock Exchange, Macau Legend said that the HK$4.6 billion disposal of its subsidiary, New Macau Landmark Management Limited (NML), had been completed on Friday 27 April ...
Monday, 30 April 2018 06:16

Imperial Pacific confirms plans to ask for Saipan extension, set to add junkets Imperial Pacific International has confirmed its intention to ask for a further extension to the deadline for completion of its Saipan integrated resort. Outlining the status of construction in its 2017 Annual Report, released to investors on Friday, IPI referred to last July’s amendment to its C...
Monday, 30 April 2018 05:43

Launch of MGM Cotai junkets delayed until September MGM China CEO and Executive Director Grant Bowie has revealed that the launch of junket operations at its recently opened Macau integrated resort MGM Cotai will be delayed until August or September. Bowie provided the update during MGM Resorts’ 1Q18 earnings call on Friday, having previously anno...
Monday, 30 April 2018 05:28

Bloomberry wins bid to buy Solaire land parcels from PAGCOR Bloomberry Resorts Corporation will acquire the 16 hectares of land upon which its Solaire Resort & Casino sits after being informed by gaming regulator PAGCOR last week that its bid has been successful. In a filing to the Philippines Stock Exchange, Bloomberry revealed that the land would be p...
Monday, 30 April 2018 05:09

What's new

Silver Heritage sees second director depart as Richard Barker stands down

Silver Heritage sees second director depart as Richard Barker stands down Silver Heritage Group has lost another director with the company announcing that Richard Barker has resigned with immediate effect. In a filing to the Australian Securities Exchange, the company said that Barker had resigned to focus on other business interests, with a previous resolution pertainin... Wednesday, 23 May 2018 06:48

Queensland tourism official to fly to Macau, Las Vegas for operator talks

Queensland tourism official to fly to Macau, Las Vegas for operator talks Queensland Tourism officials will fly to Macau and Las Vegas from next week to meet with operators regarding potential integrated resort developments in the northern Australian state. According to a report by Australian television network Channel 9, a team led by Tourism Minister Kate Jones will si... Wednesday, 23 May 2018 06:44

Vietnam to slash tax incentives for casino developments in special economic zones

Vietnam to slash tax incentives for casino developments in special economic zones Vietnamese officials are contemplating cutting previously agreed tax incentives for casino operators in the country’s special economic zones (SEZs). The draft law for Vietnam’s SEZs is expected to be discussed during a session of the Standing Committee of the National Assembly following critici... Wednesday, 23 May 2018 06:23

Duterte fires two PAGCOR officials, threatens more

Duterte fires two PAGCOR officials, threatens more Philippines President Rodrigo Duterte has sacked two senior PAGCOR officials and promised to sack more for alleged abuse of power in the granting of gaming licenses. According to the Philippine Star, Duterte accused the officials of granting a license to a free port operator outside the scope of fr... Wednesday, 23 May 2018 05:46

Current Issue

Macau and Japan: Licensing looms large

Macau and Japan: Licensing looms large The next few years are set to be the most crucial period ever in the Asian gaming industry – one which will lay the ground rules for decades to come in the world’s largest gaming market and what’s set to become the world’s second largest. By Ben Blaschke and Andrew W Scott Macau and Japan ... Monday, 30 April 2018 12:39

Pachinko: Japan's Unlucky Loser

Pachinko: Japan's Unlucky Loser Japan’s preparations for integrated resorts are hitting pachinko harder than the actual casinos ever will. By Muhammad Cohen Japan won’t open its first integrated resort for years, if ever, but the IRs already have their first loser, the country’s unique and ubiquitous pachinko business. Pac... Monday, 30 April 2018 12:33

Responsible Gaming in Japan: Bill to be key to Japan’s Gaming Market

Responsible Gaming in Japan: Bill to be key to Japan’s Gaming Market Global Market Advisors’ Brendan D Bussman runs through the pros and cons of Japan’s problem gambling legislation. By Brendan D Bussmann As Japan continues to look at the development of integrated resorts (IR), many people engaged and following the market are focused on the IR Implementation Bi... Monday, 30 April 2018 12:28

Safety First

Safety First The International Association of Gaming Advisors (IAGA) will hold its 37th annual International Gaming Summit during G2E Asia from 14 to 16 May at Four Seasons Macao. Among the many insightful seminars and events that will comprise IAGA’s summit is a responsible gaming workshop to be held on Wedne... Monday, 30 April 2018 12:12