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Grind mass to suffer most from new normal: MS

2020-06-10

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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Gaming taxes down 56.5% in Jan-May period

2020-06-08

Gaming taxes collected by the Macau government between January and May fell 56.5 percent year-on-year to MOP21 million (US$2.6 million), according to

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Sands China posts $9 million in revenue in April

2020-06-02

Macau casino operator Sands China has not been spared by the impact of the coronavirus in Macau, posting only US$9 million in net revenues in April, l

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Okada Manila posts operating loss in 20Q1

2020-06-01

Okada Manila posted a widened operating loss of JPY 1.7 billion (US$16 million) in the first quarter of 2020, due mainly to the suspension of all inte

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IGT reduces 2020 profit outlook after tough Q1

2020-05-19

International Game Technology (IGT) said its first-quarter results were affected by Covid-19 related lockdowns beginning in March, and have subsequent

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Melco swings to Q1 loss, remains committed to development plans

2020-05-14

Melco Resorts & Entertainment swung to a loss in Q1 due to the impact of the coronavirus, but said it remains committed to its development plans, including a bid for a license in Japan.

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Bloomberry Q1 net drops 38%, sees slow recovery

2020-05-14

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

2020-05-14

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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Genting SG pessimistic over the remainder of 2020

2020-05-14

Genting Singapore said it remains pessimistic on its outlook for the remaining year, with its flagship property Resorts World Sentosa being “severel

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SJM reports 12.5% profit gain for 2019

2020-03-16

SJM Holdings posted a 12.5 percent gain for 2019 and said it was in a solid position to weather the challenges posed by the Covid-19 outbreak.

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SkyCity cuts forecasts as fire, Coronavirus hit

2020-02-14

SkyCity Entertainment, New Zealand’s only listed gaming company, has cut forecasts for the year and says the near-term outlook is gloomy, as it grap

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High-end restaurants add star quality to Macau’s IRs

2019-12-13

Nineteen. That’s how many Michelin-star restaurants Macau has racked up to date, firmly establishing the former Portuguese colony as a gastronomic powerhouse on the world’s culinary stage. 

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Customer focus urgently needed

2019-12-13

The casino industry in Macau grew from US$2.77 billion in revenues in 2002 to over US$45 billion in 2013. Then, in 2015, revenues fell precipitously to under US$29 billion, a fall from which casinos are still reeling.

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Melco, MGM outshine peers in Q3

2019-11-15

Melco Resorts & Entertainment and MGM China outperformed their peers in the latest reporting season, as the ramp up of new product offerings drove growth.

Entry levy hike deters locals

2019-10-04

The hike in the casino entrance fee for local Singaporeans is further deterring already declining visitation to the island state’s two integrated resorts by residents, analysts said.

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Genting U.S. expansion raises eyebrows

2019-10-04

Genting Malaysia is pushing ahead with its overseas expansion plans, though analysts its acquisition of Empire Resorts will weigh on long-term earnings. 

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SkyCity tackles licensing hurdles

2019-08-16

SkyCity Entertainment is grappling with capacity issues, as licensing regulations in New Zealand make expansion of its properties difficult. 

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Improving customer experience to drive profit

2019-07-12

Over the last fifteen years or so, much has been written about the primacy of customer experience to bolster organizational growth and profitability. Pretty much every large organization claims to compete on the basis of customer experience (CX). Yet,...

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License moratorium set to stay, but growth continues

2019-03-22

Philippine Gaming and Amusement Corp. Chair Andrea Domingo’s efforts to further expand the country’s booming gaming industry look set to be thwart

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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