Morgan Stanley cuts Macau estimates as delayed room supply impacts mass growth

Investment bank Morgan Stanley has slashed its Macau gaming estimates through 2019 and 2020, citing expected slowing of the mass ...

New Chief Executive vows to protect Macau’s gaming and tourism industry from harm

by Newsdesk

13/09/2019

Macau’s Chief Executive-elect, Ho Iat Seng, has promised to protect the future of Macau’s gaming and tourism industries while addressing ...

SJM expects to complete construction of Grand Lisboa Palace in 1H19 as 2018 profit grows 45.2%

Lack of premium mass strategy begs questions of SJM’s Grand Lisboa Palace launch: analysts

by Newsdesk

12/09/2019

The short-term success of SJM’s under-construction Cotai integrated resort, Grand Lisboa Palace, appears questionable with the company’s lack of expertise ...

Universal raises US$600 million for Okada Manila completion

Strong VIP growth sees Okada Manila GGR climb 72% in August

by Newsdesk

12/09/2019

Universal Entertainment Corp reported gross gaming revenue of Php3.86 billion, a year-on-year increase of 72%, and Adjusted EBITDA of Php754 ...

Aristocrat opens new US$45 million Las Vegas campus

Aristocrat wins battle over intellectual property rights with US$3 million settlement

by Newsdesk

10/09/2019

A US-based subsidiary of Aristocrat Leisure Limited has agreed to the settlement of a lawsuit against slot machine manufacturer Castle ...

Tag: Gaming