Thursday, July 07, 2022


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Genting sees strong online growth, says U.K. main focus


Genting says its U.K. licensed interactive business will remain the focus for its online gambling push, despite a recent headline grabbing tie up with online gaming company bet365 in New York.

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Nagacorp shakes up management team


Nagacorp said it is shaking up its management team, with a new executive deputy chairman and chief financial officer, to help position the company for

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Gaming firms drive Manila office space demand


Demand from gaming companies will be a significant driver for Manila’s property market this year, with growth likely to exceed earlier expectations,

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Can Asian operators capitalize on the virtual sports opportunity?


In just under two decades, virtual sports have gone from being a niche vertical dismissed by many as cartoon betting, to one of the fastest growing areas in gaming, with operators in Asia increasingly taking notice. Interest is undoubtedly strong amongst...

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Esports industry total revenue reaches $1.5 billion in 2017


The eSports industry brought in a total of $1.5 billion in revenue in 2017, a number expected to grow 26 percent by 2020, according to a report from S

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Lotteries boost Tatts Group earnings in FY18Q1


Strong lotteries jackpot performance boosted Tatts Group revenue for the first quarter of FY18, a boost of 6.8 percent compared to previous year perio

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APE to make market debut, sees strong growth


Asia Pioneer Entertainment, which this month joins just a handful of homegrown Macau gaming names to list on the Hong Kong Stock Exchange, says it sees strong scope for future growth, both in the world’s biggest gambling hub and around Southeast Asia....

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Politics rein in KRA progress


Korea’s horse racing industry, considered the sleeping giant of Asia, has not been immune from the turmoil sweeping through the country’s political and business classes, with modernization plans in the balance after the Korean Racing Authority chairman...

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Forest-themed mass floor opens as revamp plan rolls on


Genting Malaysia continues to roll out new facilities under a MYR10 billion ($2.3 billion) revamp plan, though a theme park development with 20th Century Fox, seen as a key driver for growth, has now been delayed until the second quarter of next year....

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Melco results boosted by group-wide VIP growth


Melco Resorts & Entertainment Limited (MLCO) reported net income of US$36.5 million in the second quarter of 2017, driven by improved group-wide rolli

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Mass gaming growth boosts Sands 17Q2 results


Total net revenues for Sands China increased 23 percent year-on-year to US$1.8 billion in the second quarter of 2017, driven by strong mass gaming rev

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SG grows revenue in 17Q2, narrowing loss


US-based gaming machine manufacturer Scientific Games Corp. has achieved its seventh consecutive quarter of year-on-year revenue growth, driven by its

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Foreigner-only casino sales swing to growth in 2016


Korea’s foreigner-only casinos bounced back after seeing declines in 2015, registering a 2.6 percent increase in turnover in 2016 - reaching KRW1.3

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Avoid relying too heavily on China: Star chairman


Star Entertainment Group chairman John O’Neill says Australia has the potential to attract at least five times as many Chinese visitors as it does t

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Online casino industry poised for rapid growth


With the government finally putting in place regulations on online gaming, the industry is now set for rapid growth, says Jose S. Tria Jr of Pagcor's

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Melco posts strong EBITDA & revenue growth in 17Q1


Casino operator Melco Resorts & Entertainment Ltd. reported better-than-expected adjusted EBITDA and net revenue in the first quarter of 2017, attribu

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Betting on eSports' potential


Southeast Asia has the world’s fastest growing eSports audience, with signs the region’s land-based operators are beginning to take an interest in how to tap into the potential of this, and other skill-based products, to reach a younger demographic. 

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Quality of visitation to drive mass GGR


Increasing overnight visitation and average visitor spend will drive growth in Macau’s mass market, said Bernstein. According to a note from the bro

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VIP revenue up 12.6 percent in 16Q4


VIP baccarat revenue grew 12.6 percent year-on-year to MOP 33.3 billion (US$4.2 billion) in 16Q4, according to data from the Gaming Inspection and Coo

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