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Galaxy’s Philippines plans in further doubt as Duterte confirms Boracay intentions Philippines President Rodrigo Duterte has cast further doubt over the prospects of Galaxy Entertainment Group’s planned US$500 million Boracay integrated resort after stating on Wednesday that the entire island would be declared a land reform area. Speaking at the Bureau of Customs in Manila, Dut...
Thursday, 31 May 2018 06:47

Galaxy boss says no plans to increase Wynn Resorts stake The Chairman of Macau gaming giant Galaxy Entertainment Group (GEG), Lui Che Woo, says his company has no immediate plans to increase its stake in fellow Macau concessionaire Wynn Resorts, insisting “we’re just here to receive dividends.” However, he hinted that the presence of Elaine Wynn as...
Thursday, 31 May 2018 06:23

Success Universe Chairman boosts company stake by 19.42% The Chairman and majority shareholder of Macau casino operator Success Universe, Sonny Yeung, has increased his stake in the company from 52.10% to more than 70% after acquiring the entire shareholding of Japanese pachinko giant Maruhan Co Ltd. Success Universe owns and operates Macau peninsula int...
Thursday, 31 May 2018 05:52

Macau 5 and 4 star hotel occupancy over 91% in April Over 1.1 million guests stayed at hotels and guesthouses in Macau in April, up 7.6% year-on-year, with an average occupancy rate of 88.9%. The figures included a 91.9% occupancy rate in Macau’s 5-star and 4-star hotels, up 2.1 percentage points on April 2017. The overall occupancy rate for the mon...
Thursday, 31 May 2018 05:35

Macau MICE industry loses steam in 1Q18 The first three months of 2018 saw fewer MICE (Meetings, Incentives, Conferences and Exhibitions) events in Macau than during the same period last year, partially compensated by an increase in the number of visitors, Macau’s Statistics and Census Service (DSEC) revealed on Wednesday. There were a...
Thursday, 31 May 2018 05:28

Macau’s hospitality industry manpower base expands in 1Q18 Full-time employees in local hotels increased 4.8% year-on-year to over 57,000 in the first quarter of 2018, while domestic restaurants had 26,810 full-time employees in the same period, up 7.3% year-on-year, according to the latest survey on Manpower Needs and Wages released by the Macau Statistics...
Wednesday, 30 May 2018 06:14

2018 WSOP gets underway today The 2018 World Series of Poker gets underway today at the Rio All-Suite Hotel & Casino in Las Vegas. The world’s most prestigious poker tournament series will celebrate its 49th anniversary this year with a huge schedule of 78 bracelet events, culminating with the WSOP Main Event from Monday ...
Wednesday, 30 May 2018 06:08

Landing International proposes capital reorganization to boost share price and image Landing International Development Ltd, which operates Korean integrated resort Jeju Shinhwa World, is proposing a capital reorganization in order to boost the company’s share price and improve its corporate image. If approved, the reorganization would include a share consolidation under which ev...
Wednesday, 30 May 2018 05:35

Japan ponders extending current Diet session to pass IR bill Japanese lawmakers are considering extending the current Diet session beyond 20 June in order to pass a number of key bills, including the long-awaited IR Implementation Bill establishing the framework for Japan’s first integrated casino resorts. According to members of the ruling Liberal Democra...
Tuesday, 29 May 2018 18:21

Aquis to establish and develop Australian eSports business Australian-listed casino operator Aquis Entertainment Limited has revealed plans to establish and develop an eSports business, to be known as QeSports. Aquis, which owns and operates Casino Canberra in the Australian Capital Territory, will partner with Executive Sports and Entertainment Pty Limite...
Tuesday, 29 May 2018 17:35

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