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Daily News

SJM grants Ina Chan 3 million ordinary shares Ina Chan, a newly appointed executive director at SJM Holdings and third wife of former Chairman Stanley Ho, has been granted share options totaling 3 million ordinary shares, the company has announced. The shares have an exercise price of HK$10.26 per share. Dr Chan was voted to the board at SJMâ€...
Friday, 22 June 2018 06:51

Korea’s foreigner-only casino turnover down 5.4% in 2017 Korea’s foreigner-only casinos saw turnover fall 5.4% to KRW1.2 trillion (US$1.1 billion) in 2017 according to figures released this week by the National Gambling Control Commission (NGCC). The fall in casino gaming activity was linked to a similar 6.2% decline in casino visitation to 2.2 million...
Friday, 22 June 2018 06:35

Landing International’s Manila IR land lease cancelled due to licensing concerns Korean casino operator Landing International Development Corp has had a lease agreement to develop and operate an integrated resort in Manila’s Entertainment City precinct put on hold due to the lack of a gaming license from PAGCOR. Local media is reporting that the Philippines’ Commission on ...
Friday, 22 June 2018 06:18

The 13 Holdings completes corporate name and logo change The 13 Holdings has successfully completed a change of its English and Chinese names as well as its official corporate logo. In a filing to the Hong Kong Stock Exchange, The 13 said the English name of the company has now reverted to South Shore Holdings Limited, while the Chinese name has changed ...
Friday, 22 June 2018 05:16

Korean state-owned casino operators tumble in annual government performance assessment Korean casino operator Grand Korea Leisure (GKL) has received the lowest possible E grade in the government’s annual evaluation of management performance among public institutions. GKL was one of two companies to receive the low mark alongside Korea Coal Corporation, with the evaluation focusing ...
Thursday, 21 June 2018 06:47

Macau floating casino developer never signed final contract with operator: report The company flagged to help develop and build Macau’s first floating hotel and casino – The Dragon Pearl Casino Hotel – has revealed that it never managed to sign a final contract for the ambitious project with operator Dragon Corp. As revealed by Macau News Agency this week, Norway’s Brova...
Thursday, 21 June 2018 06:18

Macau’s Emperor Entertainment confident in prospects despite 8.1% gaming decline Macau casino operator Emperor Entertainment Hotel Limited, which runs the Grand Emperor Hotel and Inn Hotel Macau, has declared its future prospects bright despite a 7.1% decline in revenue for the year ended 31 March 2018, including an 8.1% fall in revenue from gaming operations. Emperor Entertain...
Thursday, 21 June 2018 05:23

Japan extends Diet session to pass long-awaited IR bill Japan’s lower house has voted to extend the current Diet session until 22 July in order to pass key legislation, including the long-awaited IR Implementation Bill. The IR bill passed through the lower house on Tuesday but was in danger of stalling again with the standard 150-day Diet session orig...
Wednesday, 20 June 2018 18:50

Resorts World Manila to launch the Philippines’ first Ritz-Carlton By Muhammad Cohen Resorts World Manila (RWM) is set to become home to the Philippines’ first Ritz-Carlton. Inside Asian Gaming has learned that as a key part of RWM’s multi-million makeover, the current Maxims hotel is being converted into a Ritz-Carlton with the launch date scheduled for late...
Wednesday, 20 June 2018 06:14

NagaCorp boss increases majority stake NagaCorp CEO Chen Lip Keong has increased his shareholding in the company with the purchase of 5.4 million shares for a total consideration of HK$39.6 million. In a filing to the Hong King Stock Exchange overnight, NagaCorp said that Dr Chen had completed the on-market purchase of the shares, lifti...
Wednesday, 20 June 2018 05:54

What's new

AGTech wins two more bids for China Sports Lottery

AGTech wins two more bids for China Sports Lottery AGTech Holdings Limited has announced that its wholly-owned subsidiary, Beijing AGTech GOT Technology Co., Ltd. (GOT), has won two more lottery hardware bids for China Sports Lottery in Zhejiang Province and Jilin Province, bringing the total number of successful bids for GOT in 2018 to 10 followin... Friday, 20 July 2018 06:26

Grand Lisboa Palace to open in stages, SJM boss reveals

Grand Lisboa Palace to open in stages, SJM boss reveals Grand Lisboa Palace, the HK$36 billion (US$4.6 billion) integrated resort currently being built in Cotai by SJM Holdings, will be opened in stages as the company races the clock to have the property ready before 2020. The project update was delivered by SJM Vice-Chairman, Executive Director and CEO... Friday, 20 July 2018 06:17

Japan’s IR bill likely to become law today after passing Cabinet Committee

Japan’s IR bill likely to become law today after passing Cabinet Committee Japan’s IR Implementation Bill is expected to finally become law today after passing one last hurdle on Thursday. The IR bill, which allows for the development of Japan’s first integrated resorts in three yet-to-be-specified locations, passed through the Cabinet Committee of the House of Council... Thursday, 19 July 2018 23:58

VIDEO: Week in Review

VIDEO: Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week. Thursday, 19 July 2018 22:50

Current Issue

Moving ahead

Moving ahead A year after the deadly attack at Resorts World Manila, management continues to reinvent the property to recover and meet the challenge from Entertainment City rivals. By Muhammad Cohen | Editor-at-Large   The tragic events of 2 June 2017 at Resorts World Manila sent shock waves across the Phili... Friday, 29 June 2018 01:32

"This is not a drill..." Gaming businesses must plan judiciously for emergencies such as the Resorts World Manila attack, natural disasters and accidents so they can respond effectively when best plans fail. By Muhammad Cohen   Arson at Resorts World Manila a year ago, Typhoon Hato battering Macau last August and the La... Friday, 29 June 2018 01:24

Five signs that your organizational culture is toxic to customer experience

Five signs that your organizational culture is toxic to customer experience IAG explains the importance of company culture in achieving exceptional customer experience and the five signs that your culture might be toxic to your customer goals. By Sudhir H. Kalé, Ph.D.   Numerous studies on customer experience (CX) highlight the crucial role company culture plays in del... Friday, 29 June 2018 01:18

Height of Luxury

Height of Luxury With the opening of its new luxury hotel at City of Dreams in June, Melco Resorts is looking to take control of Macau’s lucrative premium mass segment. By Ben Blaschke   “We’re not just opening a new hotel today, we’re opening a whole new chapter. We’ve built a landmark for Macau and a... Friday, 29 June 2018 01:08