Wednesday, June 29, 2022


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Grind mass to suffer most from new normal: MS


Social distancing rules under the “new normal” will impact grind mass business most, due to the restriction of three gamblers per table, according

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Macau gaming revenue falls 93% in May


Greater China’s gambling enclave posted a 93 percent decline in gross gaming revenue in the month of May, due to continued travel and border restric

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Bernstein reduces GGR estimates for May


Analysts from Bernstein Research have further reduced its Macau GGR estimates for the month of May, with border and travel restrictions continuing to

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Bloomberry Q1 net drops 38%, sees slow recovery


Bloomberry Resorts said its Q1 net income fell 38 percent due to the impact of the coronavirus and it expects a slow recovery.

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Gaming tax receipts down 47.9% in Jan-Apr period


Covid-19’s impact on GGR has continued to impact Macau’s gaming tax revenues, which fell 47.9 percent year-on-year to MOP20.5 billion (US$2.6 bill

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Australia faces slow growth amidst bush fires, weak VIP


Australia’s gaming industry faces an uncertain 2020, as the catastrophic bushfires deter foreign visitation and hit already softening domestic demand.

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Macau GGR remains weak through mid-month


Bernstein Research estimates that there has been no improvement in December GGR through mid-month with the figure at MOP10.8 billion, down 16 percent year-on-year.

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Okada Manila posts record GGR, EBTIDA in Jan


Tiger Resort Leisure and Entertainment, the operating company for Okada Manila posted record GGR and adjusted EBITDA in January. Said gross gaming

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A bridge too far?


One month on from the opening of the Hong Kong–Zhuhai–Macau Bridge (HZMB), Macau’s casino sector is weighing up its immediate impact and how it is likely to affect operations in the longer term.

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Mass market GGR continues to shine in 18Q3


Mass market GGR rose 19.2 percent year-on-year in 18Q3, while VIP GGR increased only 3.6 percent in Macau in 18Q3, according to data from the Macau’

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June GGR tracking around 20 percent as mass picks up: MS


Macau’s gross gambling revenue is tracking for a 20 percent gain in June, helped the opening of Melco Resorts & Entertainment’s Morpheus Hotel and the Dragon Boat festival, Morgan Stanley said in a note.

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Japan local governments gather at the starting line


The year 2017 saw a distinct acceleration in the race to obtain licenses to build and operate Japan’s first IRs. While everyone agrees that the potential scope of the market is vast, without the precise locations and the terms of regulation yet being...

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October GGR rockets up 22.1 percent


Macau registered a 22.1 percent increase in gross gaming revenue for the month of October, reaching MOP26.6 billion (US$3.3 billion), according to dat

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Jeju projects forge ahead despite tourism slump


Hong Kong-listed Landing International Development opened its Shinhwa World theme park at the end of September, as IR projects for the honeymoon island forge ahead despite the uncertainty caused by a diplomatic spat with China and tensions with the North....

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Philippine outlook clouded by smoking ban, RWM attack


The attack on Resorts World Manila, a likely public smoking ban and a proposed casino entry fee are putting pressure on the Philippine gambling industry. It was the best-performing in Asia last year and tipped again for strong growth, but smoking bans...

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Tough conditions drag on SkyCity Q3 revenue


SkyCity Entertainment Group posted a 4 percent decline in revenue for the three months ended March 31. The group said it was dealing with flat gaming

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GGR tax likely to be in mid single digits: analyst


Gaming establishments in Cambodia will likely be subject to a tax rate in the “mid single digits” once the regulatory and tax bill comes into plac

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Outlook improves, but China remains in driver’s seat


Macau got off to a good start in January, with GGR in the initial weeks higher than expected, though few expect any return to the stellar growth rates of the past, with China still likely to be the driving factor for casino operators. Beijing’s crackdown...

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Resorts, regulations and risks -- a look at the year ahead


With signs Macau is well on the road to recovery; the Philippine market growing in double digits; and the prospect of casinos in Japan, 2017 is starting on a more promising note for Asia’s casino industry. We asked some of our contributors to give us...

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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