Archive

_2021-04-01
Gross gambling revenue in Macau was up 14 percent from the prior month as visitation volume increased and was down 68 percent from pre-crisis levels in 2019, according to figures from the Gaming Inspection and Coordination Bureau (DICJ).

_2021-04-01
Galaxy Entertainment has become an investor favourite and is likely to boost its mass and premium mass market share as the Macau market recovers, Bernstein Research wrote in a note upping its target share price on the company.

_2021-04-01
Analysts at UBS don’t expect the same level of travel restrictions to Macau to be in place during May’s Golden Week as it had been for February’s Lunar New Year holidays. 

_2021-04-01
Macau’s judiciary police has sworn-in Sou Sio Keong as the new Director of its Gaming-related and Economic Crimes Investigation Department.

_2021-04-01
The Macau government on Wednesday announced that its mutual extradition agreement with South Korea has come into force, which will allow one country to extradite a fugitive from the other for local prosecution. 

_2021-04-01
Macau’s gaming operators have been reminded to remain neutral and impartial, and to avoid any form of campaigning ahead of this year’s legislative assembly election. 

_2021-04-01
Wynn Macau saw its casino revenues fall 82 percent in 2020 primarily due to adverse effects of the covid-19 pandemic, which saw its casinos closed in Macau for a 15-day period and subsequent reopening on a reduced basis in the year.

_2021-04-01
Melco Resorts’ parent company Melco International Development said it swung to a loss of HK$12.4 billion for the year ended Dec 31, 2020, caused mainly by a 70 percent fall in revenue in the year. 

_2021-04-01
Traffgen Asia is a Macau based company established in 2018, which has since established itself as a leading technology supplier in Australasia.

_2021-03-31
WDTS’s Perfect Pay Baccarat was presented as a case study in successful innovation in the gaming space by Han Tian, MGM China’s Senior Vice President of Gaming Operations and Strategic Marketing.

_2021-03-31
Scientific Games launched the DualosX cabinet in 2019 featuring the games Duo Fu Du Cai – 5 Treasures and Diamond Eternity, both well received and acclaimed. As a result, Scientific Games developed and recently launched the third Duo Fu Duo Cai game...

_2021-03-31
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging...

_2021-03-31
Jennifer Song, equity analyst with Morningstar, spoke with Asia Gaming Brief managing editor Sharon Singleton about visitation to Macau during the recent Chinese New Year period and the outlook for recovery. The longer-than-usual May holiday may be a...

_2021-03-31
BMM is the longest established and most experienced private independent gaming certification lab in the world, providing professional technical and regulatory compliance services to the gaming industry since 1981.

_2021-03-31
IGT has adapted its business to the new normal to deliver business growth for our customers. During 2020 we continued with gaming innovation, new system updates and additions as well as growing our electronic table games portfolio. 

_2021-03-31
The G2E Asia Online Expo & Conference will be held on May 25, according to an announcement released by the organizers. “This will serve as an engagement opportunity as the industry gets ready for an exciting return to Macau with the in-person event...

_2021-03-31
Dealer wages employed in Macau’s six gaming concessionaires range from between MOP21,500 and MOP22,100 (US$2,760), according to the New Macau Gaming Staff Rights Association.

_2021-03-31
The final court ruling on Wynn Macau’s liability in the Dore Entertainment case could change the landscape of VIP gaming in Macau, according to gaming expert António Lobo Vilela.

_2021-03-31
Hong Kong-listed Success Universe recorded hefty losses for the year 2020, mainly due to the Covid pandemic, including an adjusted EBITDA loss of HK$243 million (US$31.6 million) at Ponte 16, the group’s flagship investment project in Macau.