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Daily News

VIDEO: Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week.
Thursday, 07 June 2018 21:56

SJM launches Macau Gaming History Gallery at Hotel Lisboa Macau’s Sociedade de Jogos de Macau S.A. has launched the Macau Gaming History Gallery at Hotel Lisboa, taking guests on a fascinating journey through the history of the SAR’s colorful gaming industry. The gallery includes historical exhibits related to the gaming history of Macau including ant...
Thursday, 07 June 2018 06:49

Sands China announces one month bonus pay for staff Sands China Ltd has announced that it will pay a one-off special bonus equal to one month’s pay to all team members earning MOP$50,000 per month or less. The move is the latest in a number of recent efforts to improve employee conditions, with Sands having already offered its staff a pay rise in ...
Thursday, 07 June 2018 06:40

Philippines Department of Justice takes charge of Okada estafa investigation The Philippines Department of Justice (DOJ) has taken over the investigation of estafa cases filed by Tiger Resort Leisure and Entertainment, Inc. (TRLEI) against former boss Kazuo Okada following accusations of bias levelled at the Parañaque City Prosecutor’s Office. The DOJ has also asked the ...
Thursday, 07 June 2018 06:29

Monetary Authority of Macao issues warning on unauthorized money exchange The Monetary Authority of Macao (AMCM) has called for “all financial institutions to establish sound risk management for the provision of any authorized financial services” following the latest crackdown on the use of Union Pay cards. As reported by Inside Asian Gaming on Wednesday, authorities...
Thursday, 07 June 2018 05:32

SJM boss sees space for seventh Macau concessionaire By Oscar Guijarro SJM Holdings CEO Ambrose So said on Wednesday there is room for a seventh Macau concessionaire when the re-tendering process opens in the next two years. However, he added that the Chinese and Macau governments must first decide whether adding concessionaires “is good for the f...
Wednesday, 06 June 2018 20:21

Moody’s issues Macau with strong “Aa3 stable” rating Credit ratings agency Moody’s Investors Service has issued Macau with a strong “Aa3 stable” rating, citing the absence of government debt and fiscal surpluses as factors supporting the build-up of large fiscal reserves. In a Tuesday release, Moody’s said the stable outlook also reflected Ma...
Wednesday, 06 June 2018 06:07

Bloomberry to break ground on “second Solaire” in mid-2019: Razon Bloomberry Resorts Corp Chairman and founder Enrique Razon Jr says the final design for the company’s second Philippines integrated resort in Quezon City will be finalized by January, with construction to begin in mid-2019. Speaking at the company’s stockholders meeting on Tuesday, Razon also r...
Wednesday, 06 June 2018 05:54

IGT launches Hyper Hits link at MGM COTAI IGT has announced that its new Hyper Hits link slot machine has made its Macau debut at MGM COTAI. MGM COTAI is now home to the first two Hyper Hits games – “Lotus Princess” and “The Golden Bow” – each featuring IGT’s “red ball’ mechanic aimed at heightening player anticipation an...
Wednesday, 06 June 2018 04:56

Renewed Union Pay crackdown as Macau authorities remove Cotai pawnshop terminals Macau authorities have embarked on a new crackdown on the use of Union Pay cards, removing Union Pay POS terminals from pawnshops inside a number of Cotai integrated resorts. According to reports, the crackdown has been implemented by the government in conjunction with ICBC (Macau) and the Bank of ...
Wednesday, 06 June 2018 04:50

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