Wednesday, June 29, 2022


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Genting Singapore recovery likely sluggish: Bernstein


The road to recovery for Genting Singapore is expected to be slow and a long way off, according to analysts from Bernstein Research on Tuesday. “

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Suncity Group to use fiscal reserves to cover shareholder losses


Casino and junket operator Suncity Group on Tuesday announced fiscal measures to “enhance shareholders’ confidence” in the group’s future pros

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Tourism, racing businesses announce job cuts


Major hotel chain Millennium and Copthorne Hotels is shedding 70 percent of its 1,300 staff as it expects two years before tourist numbers recover suf

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Nerves of steel and a long-term view needed for stock investors


Asia’s gaming stocks have been pummelled by the outbreak of the coronavirus, but with signs China may be bringing the disease under control, is it nearing the time to re-enter the market?

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Adelson family foundation continues post typhoon aid


The Adelson Family Foundation on Tuesday presented a cheque for more than $1.9 million to the University of Saint Joseph to assist its recovery effort

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Sands China assists Holy House of Mercy with post-typhoon aid


Sands China Ltd. presented a cheque for just over MOP 2 million (US$248,460) to Macau Holy House of Mercy on Tuesday to help with the cost of restorin

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Sands China continues post-typhoon aid


In the aftermath of recent typhoons, Sands China Ltd. continues to contribute toward various disaster relief efforts including technical and professio

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MGM commits to sustainable recovery post typhoon Hato


MGM is making donations and offering volunteer support for the Macau community post Typhoon Hato. Immediately after the typhoon, MGM reached out to va

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IPI posts HK$1.3 billion impairment of trade receivables


Imperial Pacific International says impairment of the group’s trade receivables in the six months ended June 30, 2017 amounted to HK$2.1 billion. Of

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VIP growth outpaces mass in 17Q2


While the mass market continues drive GGR recovery, it was growth in VIP GGR which stood out most in the second quarter of 2017, says Union Gaming ana

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SJM pledges ongoing support to Macau


Macau casino operator SJM Holdings, in close coordination with the government, has initiated a series of welfare and support services for its staff me

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VIP to bounce back faster than mass


The aftermath left by Typhoon Hato and Pakhar may cause a weaker GGR result for August, but will not have any permanent impact, say Morgan Stanley ana

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Macau operators contribute to relief efforts


Macau's casino operators have been seen contributing to relief efforts following Typhoon Hato, which battered the gaming hub last week.   MGM China H

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Another storm headed for Hong Kong and Macau


Hong Kong and Macau may be hit with another tropical storm, with residents already on edge following the destruction caused by Typhoon Hato on Wednesd

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Mass & VIP headed for 20 pct growth in 17Q2: Analysts


With results from Macau’s six gaming operators in, Union Gaming analysts on Friday noted a  15.1 percent rise in mass table GGR in the first quarte

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Mass growth to continue to outpace VIP


Macau’s recovery is ‘definitely’ mass-led, with mass GGR growth outpacing VIP GGR growth in 16Q4, according to Union Gaming in a note on Wednesd

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Macau in need of wake up call: SJM chairman


SJM Holdings chairman Dr, Ambrose So says Macau’s gaming market is in need of a “wake up-call.” The SJM chief made the comments during his speec

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Optimism for Macau gaming revenue in 2017: analysts


Stronger than expected gaming revenue in the fourth quarter of 2016, along with improvements in VIP and mass play could see Macau achieving gaming rev

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DICJ boss predicts GGR revival in 2017


Paulo Martins Chan, director of the Gaming Inspection and Coordination Bureau says he is hopeful for revenue growth in Macau’s gaming sector in 2017

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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