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Daily News

APT puts Macau setback behind to ink new CoinPoker sponsorship deal The Asian Poker Tour has announced a new sponsorship deal with online cryptocurrency poker site CoinPoker that will see players offered the chance to qualify for APT events online. As part of the deal, which will be in place for the first time at the upcoming APT Korea-Seoul event at Paradise Walke...
Wednesday, 13 June 2018 11:23

Daisy Ho appointed new Chairman of SJM Holdings Macau concessionaire SJM Holdings has confirmed Daisy Ho as the new Chairman of the company following the retirement of her father and Macau gaming kingpin Stanley Ho on Tuesday. Dr Ho – whose company STDM, the parent company of SJM, held a 40-year monopoly on casino gaming in Macau before libera...
Wednesday, 13 June 2018 06:04

Japan IR bill likely delayed after opposition targets house Chairman The Lower House vote on Japan’s IR Implementation Bill looks set to be delayed until next week after the country’s leading opposition parties submitted a motion to dismiss the Chairman of the House of Representatives Cabinet Committee, Daishiro Yamagiwa. The motion was put forward late Tuesday ...
Wednesday, 13 June 2018 05:47

Donaco granted second injunction after Star Vegas land owner threatens lease termination Donaco International Limited has been granted a new injunction against the three vendors of its Star Vegas business in Poipet – who also own the land upon which the casino resort sits – after they threatened to terminate Donaco’s 50-year lease. In an update on the company’s ongoing legal ba...
Tuesday, 12 June 2018 16:21

Silver Heritage finds new Nepal partner Australian-listed Silver Heritage Group, which owns and operates Tiger Palace Resort Bhairahawa in southern Nepal, has announced Tiger Kathmandu Investment Pvt Ltd (TKI) as its new Nepal partner after reaching a final settlement with former partner Rajendra Bajgain. Under the terms of the settlemen...
Tuesday, 12 June 2018 15:19

Melco Resorts sponsors televised public service video promoting responsible gaming culture in Macau Macau casino operator Melco Resorts & Entertainment Limited has announced the debut of a Melco-sponsored public service video, to be aired on local television station Teledifusão de Macau (TDM) from today, promoting responsible gambling in Macau. The film, titled “...
Tuesday, 12 June 2018 07:03

2018 WSOP Europe dates announced Fresh off the inaugural WSOP Europe in Rozvadov last year, the event returns to the Czech Republic town from 9 October to 2 November 2018 with 10 WSOP gold bracelets events, including the €5 million guaranteed Main Event, a €5 million guaranteed High Roller and €3 million more in guarantees. ...
Tuesday, 12 June 2018 06:26

End of an era with Dr Stanley Ho to retire from SJM today A slice of Macau’s history will come to an end today when Dr Stanley Ho – the man who held a monopoly on the city’s gaming industry for 40 years – officially steps down as Chairman and Executive Director of SJM Holdings. The company announced last month that Dr Ho, 96, will stand down from ...
Tuesday, 12 June 2018 06:13

Union Pay crackdown to have minimal impact on Macau operators: report Financial services firm Morgan Stanley predicts that the recent crackdown on the use of Union Pay POS terminals in Macau pawnshops will have minimal impact on operators, despite figures showing that Premium Mass – the segment that relies most heavily on Union Pay – now accounts for 23% of the...
Tuesday, 12 June 2018 05:52

Grand Korea Leisure sees May revenue soar as Korean operators enjoy rebound Korea’s government-run foreigners-only casino operator, Grand Korea Leisure (GKL), saw casino sales jump 16.7% year-on-year in May on the back of strong results from table games. Casino sales reached KRW40.6 billion (US$37.9 million) for the month, up from KRW35.8 billion in May 2017 and represen...
Tuesday, 12 June 2018 05:29

What's new

VIDEO: Week in Review

VIDEO: Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week. Friday, 22 June 2018 07:06

Melco hosts workshop on Occupational Safety and Health Management for SMEs

Melco hosts workshop on Occupational Safety and Health Management for SMEs Melco Resorts & Entertainment Limited has conducted a workshop in which it shared with local SMEs the latest trends in Occupational Safety & Health Management Certification and Melco’s experience and expertise in the matter. The workshop attracted SME representatives from various industr... Friday, 22 June 2018 06:55

SJM grants Ina Chan 3 million ordinary shares

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 SJM... Friday, 22 June 2018 06:51

Korea’s foreigner-only casino turnover down 5.4% in 2017

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

Current Issue

Tribal Ambition

Tribal Ambition By Muhammad Cohen and Ben Blaschke   Mohegan Gaming and Entertainment CEO Mario Kontomerkos believes the Native American casino operator has two aces in the hole for Japan, especially when it comes to the so-called regional markets beyond major areas. In his presentation at last month’s Japan ... Monday, 04 June 2018 20:55

Social Gathering

Social Gathering By Shaun McCamley   Social casino gaming is booming. In 2017, the global social gaming industry generated a whopping US$106 billion in revenues, with the social casino segment generating US$4.5 billion in revenues. Not surprisingly China, Japan and Korea generated 90% of the games revenue in the... Monday, 04 June 2018 20:44

Redefining Tourism

Redefining Tourism By Muhammad Cohen   In an era when tourism constitutes a growing portion of the global economy, integrated resorts present a potent although frequently misunderstood means for growing visitor arrivals and revenue. It’s not simply the casino but their range of attractions that make IRs such powe... Monday, 04 June 2018 20:37

Japan IR Timeline

Japan IR Timeline By Ben Blaschke   What year for Japan’s first IR? It’s a question that continues to divide industry stakeholders, the answer further clouded by the substantial disparity in opinion offered at last month’s Japan Gaming Congress (JgC) in Tokyo. At the nearer end of the scale, members of the... Monday, 04 June 2018 20:27