Definition of grasia in the Definitions. Mr Lei noted in his Wednesday comments: “This MOP10-billion fund is to help employees, residents and SMEs [small and medium-sized enterprises]. Gaming equipment and content provider Light & Wonder Inc gave a debut to its “Jin Ji Bao Xi Grand” slot product at the MGS Entertainment Show in Macau. Nov 10, 2023 Newsdesk Latest News, Top of the deck, World. Gaming operations drag on Everi’s quarterly results. ” “Although impacted by the pandemic, Ho Tram Project Co is very proud of [its] continued development progress during this challenging time. He was speaking on Wednesday on the firm’s conference call with analysts. Jeju Sun’s operation has been paused since March 21, 2020. A data bank containing details including names, telephone numbers and email addresses for 665,000 shoppers at the Marina Bay Sands (MBS) casino resort (pictured) was last month breached and accessed by people. “This committee will solicit experts within our membership to create ready-to-use standards to improve cyber resilience,” added Mr DeRaedt. Vietnam’s Ministry of Planning and Investment has submitted a report on the development of a US$2. The aggregate amount of money raised in the fiscal year to March 31 from those required to pay Singapore’s casino entry levy, surpassed pre-Covid-19 fiscal years, according to the Singapore Totalisator Board, the body responsible for collecting it. “We are thrilled to welcome Betty. “The buyer has failed to pay the remaining balance of the purchase price of US$22. 24-billion casino resort for Hon Tre island. But experts suggested to GGRAsia that in the absence of clarity on that point. Nov 23, 2023 Newsdesk Latest News, Macau, Top of the deck. They were: Wynn Macau, promoted by Wynn Macau Ltd in downtown peninsula; the Venetian Macao in Cotai, promoted by Sands China Ltd; MGM Macau and. The property had a formal launch in July, with what the. Nov 14, 2023 Newsdesk Latest News, Macau, MGS Entertainment Show, Top of the deck. 2022 action packed to the last for Asia casino sector. 6 million) at the Jeju Dream Tower resort in South Korea, said its promoter Lotte Tour Development Co Ltd in a Wednesday filing to the Korea Exchange. Jumbo aims to develop new and diversified ETG games. Casino operator Genting Singapore Ltd reported generated third-quarter revenue of just below SGD690. The latest monthly tally was up 365. Cloee Chao Sao Fong, head of local gaming labour activist group New Macau Gaming Staff Rights Association, told GGRAsia: “As far as we know, all casinos allow their table game. 50. The firm’s EBITDA is estimated at US$1. FBM Digital Systems, known as FBMDS and part of gaming equipment supplier FBM, says it has a new game with a Halloween-season theme, called “Champion Tales Crash-O-Ween”. 6 percent compared to only PHP96. 72 billion) pledged by Sands China Ltd as part of its successful bid for a new 10-year Macau gaming concession that began in January. Casino sales rose 38. Non-China VIPs key target for Asia casinos: marketers. That would imply a daily run-rate of MOP528 million, which is “ahead of (surprisingly) strong April. The property (pictured in. The Philippines was currently the “number one” market in Asia for slot suppliers, albeit “highly. Technology that seeks to help identify a person from the way they walk, was one topic of discussion during a “Safety and Security” strand of the casino industry’s Global Gaming Expo (G2E) Asia Online Conference 2020, moderated by GGRAsia on Wednesday. “As Macau has introduced more brand-new tourism elements and is exploring additional visitor-source markets in the mainland and overseas, it is. Macau recorded casino gross gaming revenue (GGR) of MOP15. The aggregate take for January to October was up 215. Betty Zhao (pictured), a prominent figure in the Asia-Pacific gaming equipment supplier sector, has been appointed senior vice president (SVP) of international operations at Aruze Gaming Global, the latter said in a Wednesday statement. He noted, regarding the request-for-applications process in New York: “We have long viewed Genting Malaysia’s 100-percent-owned Resorts World New York City to. 28 billion) but was up 33. Sources have told GGRAsia that a number of casino operators is already urging staff to take non-paid leave for varying periods of time as the Covid-19 crisis lingers. She stated that the measure was already being implemented by the city’s casino industry. According to one of them, the policy may persist into next year, with the potential for continued impact on Macau’s casino sector. Operating income of US$52. The chatter on the ground was that part of the reason for the delay was the result of the [gaming] concessionaires not having sufficient cash on property, to return the junkets’ deposits,” remarked Ben Lee, managing partner of IGamiX Management and Consulting Ltd, to GGRAsia. So far this year, only 13 licences have been issued, Ros Phirun, Secretary General at the Commercial Gambling Management Commission of Cambodia, told GGRAsia. Wynn Resorts unveils US$2bln Wynn Palace extension. The new rules – announced on Friday – appear to leave open the possibility of. GGRAsia is a website that covers the latest news and trends in the Asian gaming industry, including Macau, Philippines, Singapore, Japan and other regions. 49 billion), 315. He was speaking on Wednesday on the firm’s conference call with analysts. Macquarie stated: “We expect Macau’s mass GGR to return to 2019 levels in fourth-quarter 2023, helped by the removal of transport, hotel room supply,. He has been chief executive of the venue’s operating unit, Resorts World at Sentosa Pte Ltd, since 2007 – i. Read More Philippines 3Q industry GGR US$1. The venue is the only property in the country allowed to. It took Macau’s GGR for the nine months to September 30 to about MOP128. 6 percent from the comparable 2022 period. Citigroup says its Macau-market observations indicate an average premium-mass wager per player in November, of HKD22,251 (about US$2,855), a 37-percent increase when compared to its checks in the same month in 2019. 05 billion, with industry-wide net profit at US$2. SOFTSWISS Sportsbook 3Q GGR up 523pct y-o-y. 5 percent – from 14. 85 billion (US$1. Philippine real estate businessman Manuel Villar (pictured in a file photo), listed this year as the second richest Filipino by Forbes magazine, plans to launch a new casino resort complex in the country’s capital, Manila, in 2023. The event is scheduled to take place in Singapore, from August 24 to 26. A new, centralised authority to oversee the entire gambling industry in Singapore, is on track to be established in 2021, confirmed the city-state’s Ministry of Home Affairs in an email reply to GGRAsia. The City of Dreams (CoD) Mediterranean casino resort (pictured) in the Republic of Cyprus has made 130 employees redundant, and opted not to extend the engagement of 51 probationary staff, the property’s promoter Melco Resorts & Entertainment Ltd has confirmed to GGRAsia. 8 percent sequentially. May 11, 2023 Newsdesk Latest News, Macau, Top of the deck. Malaysia-based casino electronic games and services supplier RGB International Bhd is on track to achieve in 2023 an annual record of “4,000-gaming machines” sold, with the Philippines leading the way in Asia, said its vice president of sales support and marketing, Chuah Eng Meng. “GRA is aware of the cyber incident involving MBS’s members from its non-casino loyalty. DigiPlus says ‘no imminent plans’ for Boracay casino. Macau casino GGR US$825mln for October 1 to 8: JPM. 54 billion (US$3. Labour Day proper, is May 1. Nov 24, 2023 Newsdesk Latest News, Philippines, Top of the deck . The owner and operator of Philippine casino and leisure complex Newport World Resorts (pictured), in the capital Manila, said fourth-quarter overall revenues rose 164 percent year-on-year, to PHP8. 86 million visitor arrivals. Alfastreet opted not to have a stand at the event. A ‘Jin Ji Bao Xi Grand’ entrance from Light & Wonder. 51 billion (US$2. “This was a result of three years of cash burn amid. Este detergente corta la grasa mejor que todos. What: GGRAsia, a business-to-business website and newsletter for the Asian casino industry. Macau’s daily casino gross gaming revenue (GGR) could be circa 17 percent higher during China’s Golden Week holiday straddling the end of September and start of October, than is expected for the rest of October, says Morgan Stanley Asia Ltd. Mr Wu, of Macau Travel Industry Council, told GGRAsia he was still hopeful regarding the prospects for easing Covid-19 testing rules for visitors from mainland China ahead of the National Day break. 61. Macau’s September casino GGR stood at MOP14. 00 million, 3. That is despite the announcement in recent days of Covid-19 infection in Macau. GGRAsia quizzed the group’s chairman and CEO on whether the company was looking for new Marina Bay Sands customers beyond mainland China. Oct 20, 2023 Newsdesk Latest News, Macau, Top of the deck. Kangwon Land Inc, controller of Kangwon Land, South Korea’s only resort complex to offer a casino open to locals, has been assessed for a total of KRW3. 2 percent month-on-month, to MOP14. The Wakayama prefectural government has been active in pursuing the opportunity to host a casino resort. But the official said the government could not demand the six casino concessionaires to make such salary adjustment. Nov 07, 2023 Newsdesk iGaming, Latest News. Nov 14, 2023 Newsdesk Latest News, Macau, Top of the deck. Mohegan Inspire soft opening scheduled for Nov 30. Casino operator Genting Singapore Ltd reported generated third-quarter revenue of just below SGD690. A total of 143 casinos in Cambodia have submitted their annual licensing application to the country’s gaming regulator. 94 billion (US$1. The Macau authorities. That is according to data released on Wednesday by the local regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ. Diaoyutai MGM Hospitality Ltd, a joint venture between China’s Diaoyutai State Guesthouse and United States-based casino group MGM Resorts International, has clarified 2024 as the opening year for two new hotels respectively located in the cities of Shenzhen and Zhuhai in mainland China’s Guangdong province, next door to Macau. Set in a town in the American Wild West, the game features symbols including bottles and sheriff badges appearing on the game grid. Fitch tips Macau economic rebound at 65pct this year. The October result took Singapore’s visitor aggregate for the first ten months of this year, to 11. The announcement of the Macau event coincides. The Philippines might see business recover to pre-Covid-19 levels in its licensed gambling sector – in particular its casinos – by the latter part of 2022, assuming the country’s travel rules for inbound foreign tourists were eased by then, said Andrea Domingo (pictured in a file. 21 billion, which was the best. 6 million) at the Jeju Dream Tower resort in South Korea, said its promoter Lotte Tour Development Co Ltd in a Wednesday filing to the Korea Exchange. 08 billion), it said in the 2023 fiscal year budget proposal published on Friday. G2E Asia, organised by the American Gaming Association and Reed Exhibitions, had been staged annually in Macau from 2007 and up to 2019. The title presents players with symbols including bears, cougars, and wolves on a 5 x 5 grid. Nov 07, 2023 Newsdesk Latest News, Singapore, Top of the deck. S. 3-acre] property in Boracay island into an integrated casino project”. 9 points out of a possible 1,000, with 600 points being the threshold for acceptance, according to information from the Japan Tourism Agency collated by GGRAsia’s Japan correspondent. Macau mass baccarat nearly 60pct of 1Q GGR: regulator. 55 billion. The first phase of a multibillion-U. He added: “Considering we are. Pragmatic Play Ltd, a content provider to the iGaming industry, has launched its latest game title, called “The Wild Gang”. Read MorePhilippines 3Q industry GGR US$1. Macau gaming tax revenue tops US$6. 25 (US$4. Fitch highlights a few risks faced by Macau’s casino sector. Resorts World Manila is rebranding as “Newport World Resorts” (pictured) from Wednesday (July 20), the management of the Philippine gaming and leisure complex said in a press release that day. ”. The Philippine casino industry reported gross gaming revenue (GGR) of PHP187. 80 billion), it said in the 2024 fiscal year budget proposal published on Wednesday. Application programming interface (API) scenarios represent about “60 percent of vulnerabilities within an organisation,” when it comes to cybersecurity generally, says Ian Hughes, chief commercial officer of Gaming Laboratories International LLC (GLI), a specialist in technology testing, compliance and security for the gaming industry. When: Launched in May, 2014. -dollar casino resort complex (pictured in artist’s rendering) on Vietnam’s central coast – a project partly backed by Suncity Group Holdings Ltd – is expected to be ready and launched by the end of this year. GGRAsia – Japan Japan JCM half-year gaming sales down nearly 8pct y-o-y Nov 13, 2023 Newsdesk Japan, Latest News, Top of the deck Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of. 27 million, up 147. Sourcing more foreign players is a way for the Macau junkets to cope with the new reality, suggested local gaming scholar Ryan Ho Hong Wai, in comments to GGRAsia. GGRAsia is approaching 26 Capital, seeking comment on the counterclaims made by UE Resorts International Inc and the three other companies. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. Morgan Stanley now expects Macau’s gaming industry EBITDA to reach nearly US$6. Global Gaming Business OCTOBER 2021. pre-pandemic, volumes of passengers, said Simon Chan Weng Hong, executive committee chairman for the facility’s operator, Macau International Airport Co Ltd (CAM), in comments to GGRAsia. Melco Resorts’ total debt stood at US$7. GGRAsia approached Suncity Group on Friday, seeking comment on that report by The Age. Read More Guangdong court in reminder on ‘cross-border’ bet crime. The Philippine gaming sector could be “competing with Singapore” for the top gross gaming revenue (GGR) position regionally over the next few years, following a rapid recovery from Covid-19 disruptions, suggests industry consultancy GCG Gaming Advisory Services Pty Ltd. The foreigner-gambling area in the Cotai resort is located in “Dragon Pavilion”, a premium gaming area within the. GGR rose sequentially for the third consecutive month. In September and August, casino sales had fallen sequentially at the property on Jeju, a semi. It was the best monthly performance since January 2020, at the very beginning of the Covid-19 pandemic, when. 94 billion (US$1. In September alone, the city received 2. A spokesperson for Suncity indicated such a topic was a private matter for Mr Chau, rather than for Suncity Group. The chairman of Hong Kong-listed Cambodian casino operator NagaCorp Ltd has told GGRAsia the firm is “pleased” that a “a reasonable approach continues with the new law” on casino gaming in that country, with regard to taxation. “In this market, you. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. The 16,000-seat, multipurpose Galaxy Arena. Macau casino GGR US$348mln for Nov 1 to 5: JP Morgan November 6, 2023; SJM Holdings, Melco group outlooks now stable: Moody’s November 17, 2023 Macau 3Q GDP more than doubles as gaming exports soar November 17, 2023; Macau gaming tax revenue tops US$6. ”. 50-billion revolving credit agreement. 34 million) of its EUR500. The Macau government’s proposed rejig of gambling-credit law is unlikely to have much impact on the city’s existing satellite casinos, said Hoffman Ma Ho Man, one of the bosses of Macau gaming resort Ponte 16, in comments to GGRAsia. 25 billion. Sep 14, 2023 Newsdesk Latest News, Macau, Top of the deck. “We are pleased the new gaming legislation has passed,” said Tim McNally, referring to a statute known as. Available to guests from that day will be three hotel towers with 1,275 rooms; a multi-purpose 15,000. The banking institution added it was maintaining its November full-month GGR forecast at. Oct 07, 2022 Newsdesk Latest News, Macau, Top of the deck. For other cases, such penalties range from up to five years in prison, plus a fine; to a “controlled release along with a fine”. Jumbo aims to develop new and diversified ETG games. 0 percent from the prior-year period. The project company CEO explained to GGRAsia: “The request for a revision in the completion date was submitted due to the impact of Covid[-19] in Vietnam during the period from 2020 to 2022. 61 billion in the preceding quarter. The Macau government is currently conducting a public consultation – due to end on Friday (October 29) – on its proposed revision of the city’s gaming law. The bureau stated: “In the process of promoting the implementation of non. The cohort includes academics in tourism education, and former and present figures from the casino industry, including individuals linked to Kangwon Land resort, run by Kangwon Land Inc. The casino at Corona Resort and Casino, on Phu Quoc island, is to open on Saturday, confirmed to GGRAsia the entity managing gaming at the venue. The firm added it was optimistic about the VIP gaming business for this year. According to information collated by GGRAsia’s Japan correspondent, the verification of the signatures gathered could take a month. Mr Au’s arrival follows the resignation of Betty Zhao as COO in late October. A “channel check” by Credit Suisse (Hong Kong) Ltd indicates that the Macau gaming-concessions public tender process “is not as straightforward as expected,” with the “government demanding much more non-gaming investment” from the bidders. 0 million) for the three months to September 30, according to a presentation published on Thursday. Macau gaming tax revenue tops US$6. “This implies last week’s GGR run-rate improved further to circa MOP570 million per day, versus circa MOP530 million per day a week ago,” wrote the analysts. Macau’s casino gross gaming revenue (GGR) stood at MOP11. In April, the government had confirmed to GGRAsia the plan for a bill to cover an update to the city’s illegal gambling regime as part of a number of regulatory steps impacting the gaming sector. 1 million) as of January this year, reported the Vietnam Investment Review, citing a document generated by Quang Nam province, the place where the property is based. Macau has fallen to third spot regionally in terms of gross gaming revenue (GGR) in the three months to September 30, behind Singapore and the Philippines, according to figures compiled by GGRAsia. Cambodia has started operating its already-flagged new casino taxation system based on gaming revenue, rather than on lump-sum payments, it was reported on Monday. Though he added that was because such credit issuance had dramatically reduced in the Macau market. The idea of a new hotel tower for Cotai Expo at the Venetian Macao casino resort would represent capital expenditure (capex) additional to the MOP30 billion (US$3. 5 percent at HKD41. Currently, people travelling from Zhuhai to Macau are required to present a certificate – issued within 48 hours of departure from Zhuhai. Oct 26, 2023 Newsdesk Latest News, Trends & Tech. 60 billion (US$153. 6 million visitor arrivals for the first eight months of this year, according to the city’s Secretary for Economy and Finance, Lei Wai Nong, in comments to reporters on Wednesday. Kevin Kelley, chief operating officer, Macau, for Galaxy Entertainment, had told GGRAsia in July that the group was “exploring a few more” junket partners as. 33 billion) in fiscal revenue from taxes on gaming in the first half of this year, according to the latest available data, released on Thursday by the city’s Financial Services Bureau. 77 billion at the end of September, a reduction of US$100 million compared to the total debt balance as of June 30, 2023, according to the company. Visitors from South Korea more than. Mainland China-Jeju charter flight again after 7 years. ”. But the ratings. A Thursday release on behalf of W Hotels – a marque of hotel conglomerate Marriott International Inc – had said W Macau was “slated to open on September 8” at Studio City, a Macau casino resort property majority-owned by global gaming operator Melco Resorts and Entertainment Ltd. 42 billion) in fiscal revenue from taxes on gaming in the first ten months of this year, according to the latest data released on Thursday by the city’s Financial Services Bureau. The criminal penalty idea – along with others – is subject to a 45-day public consultation that started on September 15. The Grand Lisboa Palace casino resort (pictured) in Macau’s Cotai district, promoted by casino operator SJM Holdings Ltd, has launched a foreigner gaming zone, the company has confirmed to GGRAsia in response to our enquiry. Fourth-quarter gaming revenues were said to have risen 133 percent year-on-year, as “overall drops across all. R&F Korea (RFKR), a firm linked to Hong Kong-listed Chinese developer. Está siguiendo una dieta baja en grasa. GGRAsia asked Mr Kelley about Friday’s market-wide stock price correction, which saw Galaxy Entertainment shares down 6. It did not specify when she was appointed. [1] They are typically found in shady crevices of calcareous rocks at altitudes of 1,000–3,600 metres (3,300–11,800 ft). - based casino operator and hospitality business Hard Rock International Inc has previously confirmed its interest in developing a casino at the beach resort. The gaming executive spoken to by GGRAsia on condition of anonymity said overall transport-infrastructure improvement was a task beyond the remit of the resort operators. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()China’s move to criminalise any efforts to organise and solicit mainland residents for the purposes of gambling abroad, is “definitely not good news” for Macau’s junket sector, said Luiz Lam Kai Kuong, a veteran Macau junket investor, in comments to GGRAsia. This detergent cuts the grease better than all the rest. Nov 24, 2023 . Third-quarter net income attributable to gaming equipment maker and content provider International Game Technology Plc (IGT) fell 64. Mar 16, 2022 Newsdesk Industry Talk, Latest News. The board nonetheless declared a quarterly. Macau’s daily casino gross gaming revenue (GGR) between April 19 and 24 rose 11 percent week-on-week, to MOP83 million (US$10. According to the institution, the industry-wide EBITDA margin stood at 29. Daesik Han, president and chief executive of Hann Resorts, the master brand of Hann Casino and Hann Reserve leisure schemes at Clark in the Philippines, has told GGRAsia he is “optimistic” about the business outlook for 2023. The property had a formal launch in July, with what the company said. Macau’s Financial Intelligence Office has told GGRAsia it is expected the city’s 2023 tally of suspicious transaction reports (STRs) will reach “near 2019-level”, as the volume of Macau casino gaming transactions gradually recovers. That is according to Robert Goldstein. The proportion of Macau visitors in October this year. Such revenue was up 374. Jeffrey Kiang, an analyst at brokerage CLSA Ltd, said in response to an enquiry for GGRAsia regarding autumn Golden Week “…the MOP643-million [US$79. Such reimbursements are capped at HKD24. Jan 15, 2018 Newsdesk Latest News, Macau, Top of the deck. 72 billion in April. Find out about the earnings, workforce, tax revenue, AML and gaming. Macau stole the gaming industry headlines at the very tail of 2022, with the dropping of a nearly three-year ‘zero-Covid’ policy that had involved extensive testing and use of quarantine. 6 million visitor arrivals for the first eight months of this year, according to the city’s Secretary for Economy and Finance, Lei Wai Nong, in comments to reporters on Wednesday. A unit of Japan’s Sega Sammy Holdings Inc is to pay US$1. The department also told GGRAsia that the former Yalanwan Casino, which has relocated to Lotte Hotel Jeju from the Jeju Shilla Hotel, has switched its name to “Seven Star Casino”. The management clarified, in response to an enquiry from GGRAsia, there was “status quo” in terms of Genting Hong Kong Ltd being “partners in. 54 billion) in Macau in the first three months of 2023, or 59. 1,557 likes · 3 talking about this. 7 percent from MOP14. GGRAsia is a website that covers the latest news and trends in the Asian gaming industry, including Macau, Philippines, Singapore, Japan and other regions. Macau’s September casino gross gaming revenue (GGR) fell by 13. 8 million, from US$8. This is according to Kim Jong-min, a former national. 1 percent this year, according to the “Macroeconomic Forecast for Macao 2023”, published by the University of Macau (UM). Resorts World Cruises, a casino cruise brand set up last year by Malaysia’s Lim family shortly after the liquidation of former casino cruise operator Genting Hong Kong Ltd, is to run cruises to the. Mainland Chinese tourists accounted for more than half of the aggregate number of visitors in the January to September period, at 353,220. The objective of the proposed new rule against illegal deposit-taking activities is to deter the usage of casino deposits as “financial investments”, remarked Macau law firm MdME’s managing partner Rui Pinto. Such redundant payroll stood at HKD148. It is the latest iteration of the firm’s “Jin Ji Bao Xi” game series, and is launching with the “Tiger” and “Phoenix. Mr Baker had been in post since October 2018, and was involved in the property’s launch, which took place. Nov 15, 2022 Newsdesk Latest News, Macau, Top of the deck. Where: Macau-based, with an interest in gambling markets across the Asia Pacific region. The Office of the Ombudsman in the Philippines has had submitted to it some charges against the chairman of the Philippine Amusement and Gaming Corp (Pagcor) and nine other individuals, concerning allegedly-illegal release and disappearance of funds totalling. The Suncity venue in Manila confirmed to have closed last week was within the Okada Manila casino resort, according to checks done on behalf of GGRAsia. 8 percent from the preceding quarter. Macau casino gross gaming revenue (GGR) for the first 12 days of November was circa MOP6. Macau is seeking to expand meaningfully and soon the percentage of its visitors from overseas, beyond the 2. Macau 20mln visitors in year to Sept, 4. MGS Entertainment Show, a Macau-based casino industry trade exhibition and conference, starts its 2023 edition today (Tuesday) at Galaxy International Convention Center (GICC), at the Galaxy Macau casino resort. . The criminal penalty idea – along with others – is subject to a 45-day public consultation that started on September 15. Fitch Ratings Inc forecasts Macau’s economy will “rebound sharply,” by as much as 65 percent this year, exceeding by 19 percentage points a 2023 recovery estimate the institution made for the city in December 2022, before the relaxation of travel restrictions linked to the Covid-19. We have had “numerous” approaches. To get the day’s top headlines delivered to your inbox every morning, sign up for our 5 Things newsletter. Judged year-on-year, such revenue rose by 32. 20 billion, the latter down 16 percent from a previous estimate of. The average occupancy rate for Macau’s hotel sector stood at 78. Nov 13, 2023 Newsdesk Latest News, Singapore, Top of the deck. The operator’s executive committee chairman Simon Chan Weng Hong, said in recent remarks to GGRAsia, the airport was forecast to handle up to 4. Macau recorded nearly 2. Referring to a Friday announcement by the national authorities. Singapore FY2022-23 casino-levy take above pre-Covid. 59-million visitor arrivals in February , a major year-on-year improvement coinciding with the lifting in early January of most Covid-19. GGRAsia. 9 billion. 05 billion in 2023, and US$1. Hong Kong-listed Macau casino operator MGM China Holdings Ltd said in a Monday press release it had been added to the Hang Seng Corporate Sustainability Benchmark Index “with immediate effect”. According to an announcement published on Wednesday in Macau’s Official Gazette, Ms Senna Fernandes has been. It is the latest iteration of the firm’s “Jin Ji Bao Xi” game series, and is launching with the “Tiger” and “Phoenix. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()Jan 09, 2023 Newsdesk Latest News, Macau, Top of the deck. A veteran promoter of VIP gaming in Macau has confirmed to GGRAsia that “for about six months” he has again been involved in such a business arrangement: in this case with Macau gaming concessionaire MGM China Holdings Ltd at. The official – who oversees the tourism and gaming sectors – declined. Latest News Lotte Tour first quarterly profit since Dream Tower launch Nov 15, 2023 Newsdesk Latest News, Rest of Asia, Top of the deck The parent of the Jeju Dream Tower casino resort (pictured), on the South Korean holiday island of Jeju, reported net profit of at least KRW300 million (US$226,760) in the three months to September. GGRAsia understands those tables will be returned to the new-look Grand Waldo complex. They include: fresh Covid-19 outbreaks; slower. 7 billion. Paul Baker has stepped down as president of Macau casino resort Grand Lisboa Palace, being currently on so-called ‘gardening leave’ until early December, GGRAsia has learnt. In a written reply to GGRAsia, MGTO said it was “actively preparing. 3 percent month-on-month in October, to KRW19. Macau’s September daily run rate for casino gross gaming revenue (GGR) improved by at least 25. Taiwan-based casino equipment supplier Jumbo Technology Co Ltd is planning to develop more games for the electronic table game (ETG) segment in Macau. ” He added, regarding his staffing: “We have a solid poker team. The fine was issued in September by the Financial Intelligence Unit (FIU), a body under South Korea’s Financial Services Commission, according to local media. The Okada Manila casino resort in the Philippine capital is offering online gaming for domestic customers in the nation with effect from mid-April. The first phase of Ixora Ho Tram by Fusion, launched at a ceremony in August, includes 164 rooms in a condotel tower and 46 beach villas, taking the current number of operational rooms at the whole Grand Ho Tram Strip site, to over 1,300. The promoter also organises gaming-industry-related gatherings in North America and Africa. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()“Naga opened yesterday [July 8] with a very positive public response,” Mr McNally told GGRAsia. We hope there will be a [daily average of] 80,000 to 90,000 visitor arrivals during the upcoming Golden Week. A new Manila casino resort (pictured in an artist’s rendering) at the Westside City Project is likely to launch in 2022 at year-end, followed by a “grand opening” of the rest of the resort property in 2023, said on Thursday, Suncity Group Holdings Ltd, in response to an enquiry from GGRAsia. Read More Pragmatic Play explores the Wild West with new game title Nov 17, 2023 Newsdesk iGaming, Latest News Pragmatic Play Ltd, a content provider to the iGaming industry, has launched its latest game title, called “The Wild Gang”. The beachside project is in Ba Ria, Vung Tau, in southern Vietnam. “The redemption is conditioned on IGT’s receipt of sufficient proceeds under its. Read More What: GGRAsia, a business-to-business website and newsletter for the Asian casino industry. 5 million), suggested Citigroup Inc in a Monday memo, citing industry sources. GGRAsia is approaching 26 Capital, seeking comment on the counterclaims made by UE Resorts International Inc and the three other companies. Apr 14, 2023 Newsdesk Japan, Latest News, Top of the deck. Pagcor chair, ex-chair, others face charges in E-sabong case. Based on previously-published CAM data, that would be circa 47 percent of the 9. The first day of the in-person and online 2022 edition of casino industry trade fair and conference Global Gaming Expo (G2E) Asia will be dedicated to discussing the future of gaming in Asia. MGM China 3Q net revenue up 10pct q-o-q, to US$813mln. 8 percent from the preceding quarter. Casino groups MGM. In the banking institution’s survey for the month,. 8 percent from the prior-year period. Why: To provide the gaming industry with up-to-date news and information. The announcement was made on Monday by Macau’s Chief Executive Ho Iat Seng (pictured in file photo), while speaking to the press after a public event. May 13, 2022 Newsdesk Latest News, Macau, Top of the deck. Nov 10, 2023 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck. 9 percent. “We now expect the region’s fourth-quarter mass GGR will be equal to its levels in the fourth quarter of 2019,” said the ratings agency. It will target the mass market, according to the company. Mr Wilson told GGRAsia his firm had been busy in recent years in establishing a presence in Australia. 03bln, up 15pct y-o-y. That represented circa 71 percent of the same period in 2019, during the trading year preceding the Covid 19 pandemic, when the city-state logged 15. 03bln, up 15pct y-o-y. As reported by GGRAsia last month, a gambling zone for foreigners was already in place at the Venetian Macao casino resort, run by Sands China Ltd. Macau’s gross domestic product (GDP) could soar by up to 44. 32 billion (US$1. GGRAsia is a website and newsletter about the Asian sector of the casino industry. 55 billion (US$6. This marked the second consecutive quarter of growth. The Macau government is still studying how to tackle unauthorised money exchange activities, frequently observed on the city’s casino floors or their surroundings, and commonly interrupted by the authorities. In comments to GGRAsia, Macau’s Sports Bureau indicated the public-sector role was mainly one of facilitation for initiatives from the community and the private sector – specifically mentioning the gaming concessionaires – rather than ‘big-picture’ planning. “Clark, as a destination, is still in its early. Aristocrat Gaming is aiming to supply the “lion’s share” of circa 3,000 gaming machines that are likely to enter the Macau casino market per year, said Lloyd Robson, general manager for Asia, in an interview with GGRAsia. 6 million. Nov 17, 2023 Newsdesk iGaming, Latest News. JP Morgan said that based on its own checks, Macau-market GGR for the first 18 days of June was estimated at MOP9. The cited request comes as the city fights its most serious Covid-19 outbreak since the pandemic began in early 2020. 1 percent from the prior-year period. 0 million for 2024; and HKD38. The company’s EBITDA might reach HKD6. Halloween-theme game debuts for FBM Digital Systems. Macau gaming sees workforce growth, still below pre-Covid. The scheme is said to be partly backed by local hospitality firm Vinpearl Co, part of prominent Vietnam conglomerate Vingroup Co. Deutsche Bank’s revised estimate is. According to these, the overall handle of the sector in the Philippines amounted to around PHP184. Lance Gautreaux is the new chief casino officer of Philippine gaming and leisure complex Newport World Resorts. The operator of casino complex Newport World Resorts, in the Philippine capital Manila, is set to expand operations under its Philippine Inland Gaming Operator (PIGO) licence, with the addition of live table games, the property’s chief operating officer, Hakan Dagtas, told GGRAsia. The information had first been disclosed by Melco International. 27 million, up 147. Aggregate revenue in the mass-market segment stood at MOP33. Philippines poised to be region GGR leader says consultancy. 27 trillion. The conclusion was based on data the company compiled for a report it produced detailing the key trends that will shape the online gaming sector in the coming year. But he added that because such actions were tantamount to what he termed “illicit currency swaps [exchange]” – it should be looked at instead. The NagaWorld staging of the Mike Sexton WPT Champions Cup is a first in. The cap for the year ending December 31 has been raised to US$10. Acquiring VIP and premium-mass gamblers from outside China is a priority for Asia Pacific casino operators, say several industry marketing specialists spoken to by GGRAsia. 2 percent quarter-on-quarter, and an 852. So says Jerry Hu (pictured), regional business development manager for land-based gaming at Jumbo. Japan’s Nagasaki prefecture has confirmed to GGRAsia that it is still in talks with the national government over its casino-resort application, but hopes to achieve “accreditation as soon as possible” for its proposal. 18,927 followers. Oct 10, 2023 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck . Apr 17, 2023 Newsdesk Latest News, Macau, Top of the deck.