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“Landmark” Australian lawsuit against Crown and Aristocrat dismissed Australia’s Federal Court has dismissed a case brought against Crown Resorts and slot machine manufacturer Aristocrat Technologies Ltd by a former gambling addict which claimed that the design of the latter’s “Dolphin Treasure” machine was misleading. In what was seen as a landmark case for...
Saturday, 03 February 2018 16:04

Macau analysts pour cold water on reports of legalized gambling in China A proposal to allow certain forms of gambling on China’s Hainan Island is unlikely to proceed and would have little to no impact on Macau’s booming casino industry. So say analysts commenting on the news, first reported by Bloomberg on Friday and said to be part of a broader plan by the Chinese...
Saturday, 03 February 2018 09:59

Aristocrat halts trading ahead of Australian Federal Court slots decision Australian gaming giant Aristocrat Leisure Ltd has placed a halt on trading in the ordinary shares of the company from today through to next Tuesday 6 February 2018 in anticipation of Australia’s Federal Court handing down its findings in a landmark court case involving Crown Resorts and a former...
Friday, 02 February 2018 07:04

Konami suffers revenue fall in Gaming and Systems segment Japanese entertainment giant Konami Holdings Corp saw revenue in its Gaming and Systems segment fall 4.9% to ¥20.7 billion (US$189.2 million) in the three months to 31 December 2017, down from ¥21.7 billion 12 months earlier. The result led to a slight fall in segment profit, down from ¥2.9 bil...
Friday, 02 February 2018 06:39

Win Systems launches Chinese roulette Win Systems, a leading technology supplier for the gaming and entertainment industry, has launched a new electronic roulette game under its Gold Club brand, Chinese roulette. The innovative product differs significantly to the traditional Western version. The bet table features the usual 36 number...
Thursday, 01 February 2018 22:17

Japan resorts to generate US$3 billion each per year, Macau protected from impact: Fitch Japan integrated resorts can each expect to generate around US$3 billion in gross gaming revenue annually, according to ratings agency Fitch. But their impact on Macau’s gaming industry will be minimal, with Korea and Russia more likely to feel the effects should the Japanese Diet pass its long-aw...
Thursday, 01 February 2018 19:00

Macau GGR up 36.4% in January, highest growth since 2014 Macau saw its gross gaming revenue soar to MOP$26.26 billion in January, representing a 36.4% increase over January 2017 and the largest year-on-year growth in almost four years (February 2014). The figure exceeded market estimates of 27% growth, with the average daily revenue (ADR) of MOP$847 mil...
Thursday, 01 February 2018 16:42

Pagcor sees 2017 income soar, smashes expectations Philippines gaming regulator Pagcor has announced a 10.91% year-on-year increase in net income for full year 2017 to Php4.95 billion (US$96.3 million), led by a 7.56% increase in income from gaming operations. The final figure exceeds Pagcor’s target income for the year by a massive 234% and foll...
Thursday, 01 February 2018 08:35

MGM Cotai possibly delayed past Chinese New Year: MGTO MGM Cotai may not be open in time for Chinese New Year, with the head of the Macao Government Tourism Office (MGTO) claiming that she can’t guarantee the property will be granted the necessary licenses by 16 February. The comments, from MGTO boss Maria Helena de Senna Fernandes, were made to Maca...
Thursday, 01 February 2018 08:23

Silver Heritage outlines Nepal expansion opportunities Silver Heritage CEO Mike Bolsover says that the company is well positioned to initiate significant expansion plans around its recently opened Nepal integrated resort Tiger Palace should the demand arise, with two separate areas of land set aside for future growth. In an exclusive interview publishe...
Thursday, 01 February 2018 08:10

What's new

Steve Wynn evicted, given no compensation under Wynn Resorts separation agreement

Steve Wynn evicted, given no compensation under Wynn Resorts separation agreement Wynn Resorts co-founder Steve Wynn will receive no compensation and has less than four months to vacate his personal residence at Wynn Las Vegas under the terms of his separation agreement, the company has revealed. Details of the formal agreement between Wynn Resorts and its former Chairman were d... Monday, 19 February 2018 14:00

Okada Manila delays, Wynn Resorts litigation lead to Universal profit slump

Okada Manila delays, Wynn Resorts litigation lead to Universal profit slump Japan’s Universal Entertainment Corporation has recorded a net loss of ¥13.43 billion (US$125.4 million) for the nine months to 31 December 2017, a significant decline from its previously announced forecast due to construction expenses at Okada Manila, sluggish pachinko and pachislot sales and on... Thursday, 15 February 2018 06:48

Kenneth Rosevear retires from MGM China board

Kenneth Rosevear retires from MGM China board MGM China has announced the resignation of Kenneth Rosevear as a non-Executive Director. Rosevear steps down from the role just a day after the launch of the company’s new Macau integrated resort, MGM Cotai, which opened with a lavish ceremony on Tuesday. MGM said that Rosevear’s departure was... Thursday, 15 February 2018 06:47

Parisian Macao hits five billion social media impressions

Parisian Macao hits five billion social media impressions Sands China’s newest Macau integrated resort, The Parisian Macao, has attracted more than five billion impressions since opening in September 2016. The milestone was revealed by Chairman and CEO Sheldon Adelson in a filing to the Hong Kong Stock Exchange overnight outlining Sands China’s finan... Thursday, 15 February 2018 06:27

Current Issue

Design For Profit

Design For Profit Architect Paul Steelman provides his insights into designing the most expensive privately funded buildings on earth and making and breaking trends. By Muhammad Cohen | Editor-at-Large EMINENT casino architect Paul Steelman helped create the Asian gaming boom with the groundbreaking design of Sands... Monday, 29 January 2018 15:11

Climbing the mountain

Climbing the mountain   ASX-listed Silver Heritage Group finally launched hotel and casino operations at its new Tiger Palace Resort Bhairahawa in late 2017, having survived the 2015 earthquake, a fuel blockade on the Nepal-India border and an AU$19 million (US$14.4 million) funding shortage as a result of the delays. ... Monday, 29 January 2018 15:07

Can sportsbooks survive a 1% tax on handle?

Can sportsbooks survive a 1% tax on handle?   The big news coming out of the United States this year is the likely striking down of the federal ban on sports betting. But with many states licking their lips in anticipation of added tax dollars, the sports betting industry may well have another crippling fight on its hands. THE US Supreme C... Monday, 29 January 2018 15:05

Herman Ng:Macau Pioneer

Herman Ng:Macau Pioneer Inside Asian Gaming discovers a bit more about Herman Ng, CEO and Executive Director of Macau-based slot machine services firm Asia Pioneer Entertainment (APE). Ben Blaschke: Can you start by telling us a bit about yourself and your background? Herman Ng: I grew up in Macau and then when I was 16 ... Monday, 29 January 2018 14:52