Scientific Game

Daily News

All Japan Poker Championship eyes Macau, Taiwan markets Recently formed poker tour, the All Japan Poker Championship (AJPC), has outlined plans to push into new Asian markets in 2018, headed by Macau, Korea and Taiwan. According to CEO Yasuhiro Sasaki, the AJPC is responding to the growing popularity of poker across japan and will fulfil the desire of m...
Monday, 29 January 2018 16:39

Will Steve Wynn survive as CEO of Wynn Resorts? Could Steve Wynn be ousted as Chairman and CEO of Wynn Resorts Ltd? The possibility of one of the world’s largest casino operators being forced to move ahead without its figurehead and namesake is being mooted as a distinct possibility following allegations published in the Wall Street Journal (WS...
Monday, 29 January 2018 07:46

Australasian Gaming Expo announces 76% of 2018 exhibitor space now sold The organizer of the Australasian Gaming Expo (AGE) says it has already sold 76% of exhibitor space ahead of the 2018 expo starting on 14 August. In a press release, the company revealed that it is already well on the way to selling out its 19,000 square meters of floor space for this year’s show...
Monday, 29 January 2018 06:05

Pachinko giant Dynam looks to narrow losses Japanese pachinko giant Dynam Japan Holdings Co Ltd has reported a 3.3% decline in revenue to ¥115.12 billion (US$1.06 billion) for the nine months to 31 December 2017, citing a “severe business environment.” Gross pay-ins fell 4.6% to ¥583.83 billion (US$5.37 billion) including an 8.0% decl...
Monday, 29 January 2018 05:56

Bloomberry submits bid to buy Solaire land from Pagcor Bloomberry Resorts Corporation, owner and operator of Solaire Resort & Casino in Manila’s Entertainment City, has submitted a bid to purchase 16 hectares of land on which its flagship integrated resort is located. In a filing to the Philippine Stock Exchange, Bloomberry said it had submitted ...
Sunday, 28 January 2018 21:36

Sands China announces widespread salary increase for staff Sands China Ltd has announced a salary increase for staff that it says will benefit around 99% of employees. Coming into effect from 1 March 2018, the increase will see full-time employees of eligible grades earning monthly salaries less than or equal to MOP$12,000 before tax receive a pay rise of ...
Sunday, 28 January 2018 05:03

Landing International issues positive profit alert Landing International Development Ltd has issued a positive profit alert, informing shareholders that it expects the group “may record a net profit for the year ended 31 December 2017,” having previously recorded a HK$1.07 billion loss in 2016. In a filing to the Hong Kong Stock Exchange on Fri...
Sunday, 28 January 2018 04:46

Holiday Inn to shut down for Londoner facelift but casino operations unaffected: LVS Sands China will shut down operations at its Holiday Inn hotel towards the end of 2018 as it begins the transformation of Macau integrated resort Sands Cotai Central into its new themed property The Londoner Macao. But the company doesn’t expect casino operations to be heavily impacted, adding tha...
Friday, 26 January 2018 05:17

Stephen Hung quits as Chairman of The 13 Holdings The man behind Macau’s ambitious luxury hotel The 13, Stephen Hung, has stepped down as Joint Chairman and Executive Director of The 13 Holdings Limited. His departure was revealed in a filing to the Hong Kong Stock Exchange overnight, with The 13 Holdings Limited confirming that Hung “ceased t...
Friday, 26 January 2018 04:30

New Wynn Las Vegas resort to be powered by solar energy Wynn Las Vegas will power its new multi-use development, Paradise Park, with 100 percent renewable energy sourced from a new 160-acre solar energy facility, the company has announced. Under the terms of the agreement with Enel Green Power North America, Inc. (EGPNA), Wynn Las Vegas will begin rece...
Friday, 26 January 2018 04:13

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