Thursday’s announcement confirmed the start of prepartory work on the project site,. So said Greg Saint (pictured), ICE Asia event director, in an interview with GGRAsia. “This suggests the reopening recovery is still ongoing. The group added in its Monday statement, referring to the. The figure represented a 10-percent increase from the results of the pre-pandemic third quarter in 2019, said a Wednesday. 42 billion), said on Wednesday the local regulator, the Gaming Inspection and Coordination Bureau. Gaming operations drag on Everi’s quarterly results. The. “We had a very good opening and anticipate increased visitation. A representative at Jeju Dream Tower casino, a foreigner-only venue on the holiday island of Jeju, told GGRAsia that following the ministry’s ruling, it had since April converted an ETG stadium with 71 seats, to a fully-automated setup (pictured). The venue is the only property in the country allowed to. 6 percent. [1] They are typically found in shady crevices of calcareous rocks at altitudes of 1,000–3,600 metres (3,300–11,800 ft). 15pm,. That is according to data released on Wednesday by the local regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ. Official Chinese media outlets, including People’s Daily and. SOFTSWISS Sportsbook 3Q GGR up 523pct y-o-y. 8 million, Sands China stated in a filing to the Hong. Suncity Group Holdings Ltd, a Hong. GGRAsia takes its name from a phrase instantly recognisable to the casino investment community - 'gross gaming revenue'. The first tourism-related chartered passenger flight in seven years from mainland China to the South Korean holiday destination of Jeju Island, was welcomed on the first weekend of this month. Macau’s Gaming Inspection and Coordination Bureau, also known by its Portuguese acronym DICJ, confirmed to GGRAsia late on Tuesday that it had met that day with representatives of Macau junket investor Suncity Group. But the government has already discounted tackling it via. 2 percentage points from August, but up by 41. But the official said the government could not demand the six casino concessionaires to make such salary adjustment. 6 million). Referring to the scouting work of the company in other markets, Mr McNally told GGRAsia in an interview: “We’ve been in Japan and in many other places, and while we have to be mindful of our investments, by the same token we have the type of profile now and relationships with financial institutions where we are in a position to take a look. 3 million), estimates a Monday note from brokerage Sanford C. 4bln in year to Oct. Market-wide casino gross gaming revenue (GGR) in Macau reached MOP12. e, before the property opened – and chairman of that entity since 2015. S. Mr Dagtas told GGRAsia that Newport World Resorts was a significant player in Asia in the poker segment, having had a poker room since 2010, compared to competitor venues that “went into poker business in and out, on and off. The authorities in Hokkaido, Japan’s northernmost prefecture (pictured), are still mulling the idea of hosting an integrated resort (IR) with casino, as a way of boosting tourism and regenerating the local economy. A Macau junket trade group has submitted a letter to the city’s chief executive, Ho Iat Seng, requesting the government to waive partially an existing levy on commissions paid by casinos to junkets. The COO said that in general what he termed “big” participants in markets liked to “to try and create some updraughts, downdraughts in order to favour their own positions”. The Philippine casino sector produced gross gaming revenue (GGR) of PHP56. The conclusion was based on data the company compiled for a report it produced detailing the key trends that will shape the online gaming sector in the coming year. 93 million visitor arrivals in the first nine months of 2023, up 356. 4 percent year-on-year, to HKD410 million (US$52. Some political voices in Thailand that favour legalising bricks-and-mortar casinos stop short of supporting the legalisation of online gambling. “This committee will solicit experts within our membership to create ready-to-use standards to improve cyber resilience,” added Mr DeRaedt. 18 billion), or a daily run-rate of MOP527 million. Betty Zhao (pictured), a prominent figure in the Asia-Pacific gaming equipment supplier sector, has been appointed senior vice president (SVP) of international operations at Aruze Gaming Global, the latter said in a Wednesday statement. The chairman of Hong Kong-listed Cambodian casino operator NagaCorp Ltd has told GGRAsia the firm is “pleased” that a “a reasonable approach continues with the new law” on casino gaming in that country, with regard to taxation. Sep 14, 2023 Newsdesk Latest News, Macau, Top of the deck. Morgan Stanley now expects Macau’s gaming industry EBITDA to reach nearly US$6. Ed Bowers, president and chief executive of MGM Resorts Japan LLC, is to give. Based on GGRAsia’s observations, baccarat as usual was the Macau customers’ favoured game. 38 billion) in the first 21 days of May, estimated JP Morgan Securities (Asia Pacific) Ltd, citing its own checks. According to these, the overall handle of the sector in the Philippines amounted to around PHP184. Este detergente corta la grasa mejor que todos. 61 million passengers handled in 2019, the last trading. Currently, people travelling from Zhuhai to Macau are required to present a certificate – issued within 48 hours of departure from Zhuhai. The glass and steel Crystal Pavilion (pictured in an artist’s rendering) – as the group has dubbed it – and an. 20 billion, the latter down 16 percent from a previous estimate of. “This looks like another step” in the “direction,” of firmer control he added, referring to the proxy gambling. Such revenue was up 374. The new offering is scheduled to go live next month. 1 million) as of January this year, reported the Vietnam Investment Review, citing a document generated by Quang Nam province, the place where the property is based. 54 billion (US$3. 4 percent quarter-on-quarter, through “natural attrition”. 2 percent of all casino gross gaming revenue (GGR) in the period. The property (pictured in. Peter DeRaedt, president of IGSA, said in prepared remarks that the organisation would be leading a “concerted effort to create cyber standards to protect” the gaming industry. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. pre-pandemic, volumes of passengers, said Simon Chan Weng Hong, executive committee chairman for the facility’s operator, Macau International Airport Co Ltd (CAM), in comments to GGRAsia. For his part, Mr Green told GGRAsia: “I suspect that Genting may have not expected to win a concession in its own right, but rather present itself as a suitable prospective casino operations manager in the event that any incumbent decided, or was forced by the constrained gaming market, into becoming a property company. 95 billion, up 305. GGRAsia approached MGTO to confirm the details of the subsidy scheme, but did not receive a reply by the time the story went online. (oily substance) a. The Philippine casino industry reported gross gaming revenue (GGR) of PHP187. Macau gaming sees workforce growth, still below pre-Covid. 2 billion to develop an integrated resort (IR) with a casino in the Philippines capital, Manila. Melco Resorts’ total debt stood at US$7. That could be a challenge particularly for Macau operators, that have spent more than a decade. Nov 10, 2023 Newsdesk Latest News, Top of the deck, World. That was still 21. 65 billion (US$824. Gaming software and services provider SOFTSWISS says that since the beginning of the year its multifunctional Anti-Fraud Team has “processed more than 26,000 requests encompassing lockout of problematic players, analysing notifications concerning at-risk players and. 50 million (US$186,854) either to renew a licence or get a new one, according to a dispatch from the city’s Secretary for Economy and Finance, Lei. 32 billion (US$1. Macau orders 3 days of home testing amid Covid alert. 0 million for 2025. That was according to a. Alejandro Tengco (pictured in a file photo), chairman and chief executive of the Philippine casino regulator, the Philippine Amusement and Gaming Corp (Pagcor), has told GGRAsia it has already had “numerous” expressions of interest regarding the selling off of state-owned Casino Filipino gaming venues. The operator’s executive committee chairman Simon Chan Weng Hong, said in recent remarks to GGRAsia, the airport was forecast to handle up to 4. Hokkaido covets ‘green IR’ scheme, says tourism boss. Oct 20, 2023 Newsdesk Latest News, Macau, Top of the deck. 6 percent month-on-month, at just over MOP19. In a written reply to GGRAsia, MGTO said it was “actively preparing. “The strength in our business has continued in the fourth quarter with mass drop in October, 24 percent above October 2019, 98 percent hotel occupancy, and healthy tenant retail sales,” said the group CEO on the parent’s earnings. 03 billion) in the third quarter, a slight increase from PHP56. Kangwon Land Inc, controller of Kangwon Land, South Korea’s only resort complex to offer a casino open to locals, has been assessed for a total of KRW3. S. 72 billion) pledged by Sands China Ltd as part of its successful bid for a new 10-year Macau gaming concession that began in January. LT Game Ltd, a Macau-based provider of electronic gaming equipment and management technology for casinos, has appointed Eddie Au Hon Man as chief operating officer (COO). 81 billion (US$117. A spokesperson for Suncity indicated such a topic was a private matter for Mr Chau, rather than for Suncity Group. Macau casino GGR US$825mln for October 1 to 8: JPM. Singapore’s Gambling Regulatory Authority (GRA) has asked the Marina Bay Sands (MBS) casino resort to “conduct further investigations on its casino loyalty programme”, the regulator said in a statement emailed to GGRAsia on Wednesday. 2 percent quarter-on-quarter, and an 852. 90 billion. Macau’s September casino GGR stood at MOP14. Macau’s gaming regulator has asked casino operators in Macau to reduce temporarily by as much as 90 percent the number of on-duty workers staffing the city’s gaming floors, several local media outlets report. Mr McNally told GGRAsia: “We have already acknowledged the prior concerns expressed by UNESCO. Andaz Macau, the second of the two new hotels in Phase 3 of the Galaxy Macau casino resort, is “expected to fully open all 700 rooms by Chinese New Year [CNY] 2024,” says a Thursday note from CBRE Securities LLC, referring to an important holiday period in mainland China. The aggregate amount of money raised in the fiscal year to March 31 from those required to pay Singapore’s casino entry levy, surpassed pre-Covid-19 fiscal years, according to the Singapore Totalisator Board, the body responsible for collecting it. Nov 13, 2023 Newsdesk Latest News, Singapore, Top of the deck. An event branded “Asian IR Expo + G2E Asia 2023” is to be held from July 11 to 13, at the Venetian Macao, run by Sands China Ltd, a unit of Las Vegas Sands. Nov 10, 2023 Newsdesk iGaming, Latest News. Gaming equipment and content provider Light & Wonder Inc gave a debut to its “Jin Ji Bao Xi Grand” slot product at the MGS Entertainment Show in Macau. Macau has fallen to third spot regionally in terms of gross gaming revenue (GGR) in the three months to September 30, behind Singapore and the Philippines, according to figures compiled by GGRAsia. 61. In the banking institution’s survey for the month,. The idea of a new hotel tower for Cotai Expo at the Venetian Macao casino resort would represent capital expenditure (capex) additional to the MOP30 billion (US$3. ”Non-China VIPs key target for Asia casinos: marketers. He told GGRAsia: “Osaka, Wakayama and Nagasaki and their IR partners will each have to earn national approvals for their IR development plans. 5 million), versus a HKD1. A Macau court has sentenced Alvin Chau Cheok Wa (pictured in a file photo), former boss of now-defunct Macau casino junket Suncity Group Ltd, to 18 years in prison in aggregate. So said Andrew Lo Kai Bong, an executive director of the Hong Kong-listed entity, in comments to. In September alone, the city received 2. 0 million) in the six months to September 30, the first half of its current financial year. The regulator told GGRAsia: “As stated in Section 4. The latest data reported by GGRAsia included the gross gaming revenue generated by the casino industry for the full year 2022. The property had a formal launch in July, with what the company said. Mr Baker had been in post since October 2018, and was involved in the property’s launch, which took place. Industry consultant Ben Lee told GGRAsia that in his opinion, “Singapore has the tightest anti-problem gambling measures in the world,” in addition to an entry levy applicable to Singapore citizens and permanent residents. No draft of such a proposed law has yet been. A unit of Japan’s Sega Sammy Holdings Inc is to pay US$1. She's following a low-fat diet. Mr Wilson told GGRAsia his firm had been busy in recent years in establishing a presence in Australia. The body just said it would “speed up” review of non-resident work permit applications, including applications filed by companies from the tourism and leisure sector. View the latest US news, top stories, photos and videos from around the nation. Singapore RWS 3Q VIP business solid without overpaying: analysts Nov 14, 2023 Newsdesk Latest News, Singapore, Top of the deck The third-quarter VIP gambling business for Genting Singapore Ltd, operator of Resorts. “It was really at the end of 2021 where we got the company to endorse our growth strategy in Asia,” as a whole, he. JP Morgan said that based on its own checks, Macau-market GGR for the first 18 days of June was estimated at MOP9. But China’s State Council has this year designated April 29 to May 3 inclusive, as a holiday period on the Chinese mainland. Macau’s September casino gross gaming revenue (GGR) fell by 13. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. 79 billion (US$3. A total of 143 casinos in Cambodia have submitted their annual licensing application to the country’s gaming regulator. Third-quarter net income attributable to gaming equipment maker and content provider International Game Technology Plc (IGT) fell 64. TKHS recently was appointed a logistics service provider for the Crown Sydney casino-hotel project, currently under construction in Barangaroo, Sydney, New South Wales. The chatter on the ground was that part of the reason for the delay was the result of the [gaming] concessionaires not having sufficient cash on property, to return the junkets’ deposits,” remarked Ben Lee, managing partner of IGamiX Management and Consulting Ltd, to GGRAsia. Mainland China-Jeju charter flight again after 7 years. The Macau government’s proposed rejig of gambling-credit law is unlikely to have much impact on the city’s existing satellite casinos, said Hoffman Ma Ho Man, one of the bosses of Macau gaming resort Ponte 16, in comments to GGRAsia. He noted, regarding the request-for-applications process in New York: “We have long viewed Genting Malaysia’s 100-percent-owned Resorts World New York City to. Sands China’s non-rolling table win in the mass market was US$911 million in the opening quarter of 2023, compared to US$354 million a year earlier. The cap for the year ending December 31 has been raised to US$10. 34 billion), which is as much as 90. Casino junket operators in Macau will each have to pay a guarantee of MOP1. Paradise Co Ltd, an operator of foreigner-only casinos in South Korea, reported net profit attributable to shareholders of KRW35. 26 billion (US$27. Hoiana, a resort with a foreigner-only casino,near Hoi An in Quang Nam province, and in which Hong Kong-listed Suncity Group Holdings Ltd has an investment, told GGRAsia last week that it would be one of the tourism destinations able to welcome guests from overseas as part of the “vaccine passport programme”. Casino equipment supplier Sega Sammy Creation Inc has installed the first units of its Genesis Crest 43J cabinet series in the Macau market. The Macau government forecasts the city’s 2024 “income” from casino gaming will be “MOP200 billion” (US$24. According to information collated by GGRAsia’s Japan correspondent, the verification of the signatures gathered could take a month. JP Morgan estimated last week’s Macau GGR was about MOP400 million (US$50 million) per day, which its. The city’s market-wide mass GGR “is recovering faster” than the ratings institution had forecast, added the memo. The Philippine casino regulator has confirmed to GGRAsia that all casinos in the Metro Manila area (pictured) – public-sector as well as private-sector ones – have currently suspended gaming operations due to the national government reintroducing a so-called enhanced community quarantine as a Covid-19 countermeasure. The first phase of a multibillion-U. 25 billion. Philippine real estate businessman Manuel Villar (pictured in a file photo), listed this year as the second richest Filipino by Forbes magazine, plans to launch a new casino resort complex in the country’s capital, Manila, in 2023. The operator of casino complex Newport World Resorts, in the Philippine capital Manila, is set to expand operations under its Philippine Inland Gaming Operator (PIGO) licence, with the addition of live table games, the property’s chief operating officer, Hakan Dagtas, told GGRAsia. Sep 29, 2023 Newsdesk Latest News, Trends & Tech. The October result took Singapore’s visitor aggregate for the first ten months of this year, to 11. 42 billion) in fiscal revenue from taxes on gaming in the first ten months of this year, according to the latest data released on Thursday by the city’s Financial Services Bureau. The casino at Corona Resort and Casino, on Phu Quoc island, is to open on Saturday, confirmed to GGRAsia the entity managing gaming at the venue. 1. The Philippine gaming sector could be “competing with Singapore” for the top gross gaming revenue (GGR) position regionally over the next few years, following a rapid recovery from Covid-19 disruptions, suggests industry consultancy GCG Gaming Advisory Services Pty Ltd. According to an announcement published on Wednesday in Macau’s Official Gazette, Ms Senna Fernandes has been. 7 billion. Macau recorded casino gross gaming revenue (GGR) of MOP15. Oct 10, 2023 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck . 55 billion in 2021. 2 days ago · Macau gaming operator says it has raised the annual cap set for transportation, logistics and technical services provided by its parent company, U. The objective of the proposed new rule against illegal deposit-taking activities is to deter the usage of casino deposits as “financial investments”, remarked Macau law firm MdME’s managing partner Rui Pinto. China has had heightened scrutiny of those of its wealthy interested in “cross-border gambling”. 45 billion (US$18. Macao Government Tourism Office (MGTO) has confirmed to GGRAsia it has has been working with a number of major mainland online travel agencies to promote Macau-Hengqin tours aimed at families. 85 billion), according to official data. GGRAsia has approached Galaxy Entertainment seeking comment regarding the foreigner-only gambling zone. Of course, the first phase of approvals will have to come from the actual applications, but by no means will all three be approved just for making submissions to the national government. Jeju Dream Tower is controlled by Korea Exchange-listed Lotte Tour Development Co Ltd. It nonetheless expects a fiscal deficit for 2023, with aggregate income – including from a. G2E Asia, organised by the American Gaming Association and Reed Exhibitions, had been staged annually in Macau from 2007 and up to 2019. “This was a result of three years of cash burn amid. The firm said additionally that it had “no licence to operate gaming venues in Russia and therefore does not operate venues in Russia. GEN Singapore 3Q profit up, pledges US$5bln investment. Singapore is to introduce a specific offence of “proxy gambling” as part of its new Gambling Control Bill, a piece of legislation that is designed also to consolidate existing betting-related laws for the city-state. 57 billion (US$1. The institution said net revenue for the sector should be about US$24. Casino equipment and online games provider Light & Wonder Inc (L&W) reported revenue of US$731 million for the third quarter of 2023, up 12. That would imply a daily run-rate of MOP528 million, which is “ahead of (surprisingly) strong April. Macau is seeking to expand meaningfully and soon the percentage of its visitors from overseas, beyond the 2. May 13, 2022 Newsdesk Latest News, Macau, Top of the deck. 93 billion) in May, up 5. The 16,000-seat, multipurpose Galaxy Arena. ”. “We started testing here in Macau 10 years ago, and nearly 100 percent of our work was terrestrial games. The fresh appointment was confirmed in a statement sent to GGRAsia on Thursday by Wynn Macau Ltd, operator of the Wynn Macau and Wynn Palace casino resorts. The calculations by Deutsche Bank analyst Carlo. Casino regulator the Philippine Amusement and Gaming Corp (Pagcor) has confirmed to GGRAsia that some casino resorts in that country have been allowed to reopen “limited to a maximum of 30 percent capacity” and with strict health countermeasures against Covid-19. February GGR fell by 10. 94 billion (US$1. GGRAsia has approached Galaxy Entertainment seeking comment on the addition of a junket at Galaxy Macau, and asking if more junkets would also be hosted at Yinzuan Club. The bureau stated: “In the process of promoting the implementation of non. 3 percent month-on-month in October, to KRW19. The average occupancy rate for Macau’s hotel sector stood at 78. The conclusion was based on data the company compiled for a report it produced detailing the key trends that will shape the online gaming sector in the coming year. 10 billion (US$1. The data revealed that the number of. Galaxy Ent ‘not considering re-entering Boracay’. Some observers have remarked to GGRAsia that such increase in pledged investment should be a manageable expense for Macau’s casino companies, and perhaps even desirable for market development. Genting Singapore is the promoter of the Resorts World Sentosa casino complex (pictured) in Singapore. Aside from those events, the name “Suncity” was already featuring in a variety of mainland investigations, GGRAsia has now been able to confirm after a review of official documents. Where: Macau-based, with an interest in gambling markets across the Asia Pacific region. That is according to data released on Monday by the country’s casino regulator, the Philippine Amusement and Gaming Corp (Pagcor). An industry consultant has suggested to GGRAsia that the reasoning for keeping Macau’s casinos open amid the ongoing Covid-19 crisis is now “social” – i. Oct 25, 2023 Newsdesk Japan, Latest News, Top of the deck. GGRAsia is a website that covers the latest news and trends in the Asian gaming industry, including Macau, Philippines, Singapore, Japan and other regions. Dec 17, 2022 Newsdesk Latest News, Macau, Top of the deck. GGRAsia | 4,024 followers on LinkedIn. 55 billion (US$6. Those properties had previously been permitted to run limited gaming operations with social-distancing measures in place, albeit only during more relaxed phases of quarantine. e. A number of commentators spoken to by GGRAsia indicated that public support was vital for the plan to have a chance of success. [1] Most of the species are found in Iran and Afghanistan, with one occurring in Turkey, and one in the High Atlas of Morocco. Japan’s Nagasaki prefecture has confirmed to GGRAsia that it is still in talks with the national government over its casino-resort application, but hopes to achieve “accreditation as soon as possible” for its proposal. They see Vietnam’s potential, even as the Asia-Pacific region’s previous high-roller. 8 million, Sands China stated in a filing to the Hong Kong Stock. ”. The title presents players with symbols including bears, cougars, and wolves on a 5 x 5 grid. International casino operator Las Vegas Sands Corp says it has amended with banking partners certain term loans regarding a US$1. Malaysia-based casino electronic games and services supplier RGB International Bhd is on track to achieve in 2023 an annual record of “4,000-gaming machines” sold, with the Philippines leading the way in Asia, said its vice president of sales support and marketing, Chuah Eng Meng. 9 points out of a possible 1,000, with 600 points being the threshold for acceptance, according to information from the Japan Tourism Agency collated by GGRAsia’s Japan correspondent. The investment pledge is part of an agreement with the country’s gaming. “We anticipate its 2024 mass GGR will be 5 percent to 15 percent stronger than in. 94 billion (US$1. Maybank currently expects Genting Malaysia to post earnings before interest, taxation, depreciation, and amortisation amounting to MYR3. Macau’s Public Prosecutions Office. A recent proposed newcomer is in Khanh Hoa province, which has reportedly asked the national leadership to permit a US$2. That could be a challenge particularly for Macau operators, that have spent more than a decade generating a lot of. 2 million) in the three months to September 30, up 40. The. An event branded “Asian IR Expo + G2E Asia 2023” is to be held from July 11 to 13, at the Venetian Macao, run by Sands China Ltd, a unit of Las Vegas Sands. Latest News Lotte Tour first quarterly profit since Dream Tower launch Nov 15, 2023 Newsdesk Latest News, Rest of Asia, Top of the deck The parent of the Jeju Dream Tower casino resort (pictured), on the South Korean holiday island of Jeju, reported net profit of at least KRW300 million (US$226,760) in the three months to September. In September, it was reported that the management at Marina Bay Sands hired prominent Singapore law firm Davinder. The promoter also organises gaming-industry-related gatherings in North America and Africa. 39 million) in fines, for 182 cases of breaking anti-money laundering (AML) rules. -dollar casino resort complex (pictured in artist’s rendering) on Vietnam’s central coast – a project partly backed by Suncity Group Holdings Ltd – is expected to be ready and launched by the end of this year. S. Hann Casino says taps underserved Manila rich, foreigners. 76 million visitor arrivals in July, or a daily average of just above 89,000, according to data from the city’s Statistics and Census Service. 0 million) for the three months to September 30, according to a presentation published on Thursday. Such a daily tally for the start of the. Está siguiendo una dieta baja en grasa. A new Manila casino resort (pictured in an artist’s rendering) at the Westside City Project is likely to launch in 2022 at year-end, followed by a “grand opening” of the rest of the resort property in 2023, said on Thursday, Suncity Group Holdings Ltd, in response to an enquiry from GGRAsia. . Melco Resorts’ costs are put at 105 percent to 107 percent of 2019. 77 billion at the end of September, a reduction of US$100 million compared to the total debt balance as of June 30, 2023, according to the company. The body does not provide. “We are pleased the new gaming legislation has passed,” said Tim McNally, referring to a statute known as. The House of Dancing Water (pictured in a file photo), a hit Macau casino resort show that was suspended ultimately in June 2020 amid the Covid-19 pandemic, is to return to Macau in “late 2024”, says its backer, Macau casino operator Melco Resorts and Entertainment Ltd. Macau tender bidders told to up spending proposals, says CS. 4 percent year-on-year to US$94 million, compared to US$264 million a year earlier, according to a Tuesday announcement. 1d Edited. MBS confirms data breach to 665k non-casino client records. Bernstein Ltd. 6 million) at the Jeju Dream Tower resort in South Korea, said its promoter Lotte Tour Development Co Ltd in a Wednesday filing to the Korea Exchange. RGB 2023 gaming machine sales to be double 2019 record. 24-billion casino resort for Hon Tre island. A Thursday release on behalf of W Hotels – a marque of hotel conglomerate Marriott International Inc – had said W Macau was “slated to open on September 8” at Studio City, a Macau casino resort property majority-owned by global gaming operator Melco Resorts and Entertainment Ltd. Macau would-be junkets to pay US$187k guarantee: govt. FBM Digital Systems, known as FBMDS and part of gaming equipment supplier FBM, says it has a new game with a Halloween-season theme, called “Champion Tales Crash-O-Ween”. “We are thrilled to welcome Betty. 54 billion) in Macau in the first three months of 2023, or 59. 8 percent below the tally recorded for July. It will target the mass market, according to the company. “The government has to deal with it by fast-tracking the transit system. The current GGR forecast of MOP130 billion (US$16 billion) for full-year 2022. GGR rose sequentially for the third consecutive month. Why: To provide the gaming industry with up-to-date news and information. 58 million sq. The World Poker Tour (WPT) has affirmed a gathering at casino complex NagaWorld in Cambodia, and confirmed another at Crown Poker Club in Hanoi, Vietnam, as elements in its first-half 2024 roster. Jun 01, 2023 Newsdesk Latest News, Macau, Top of the deck. Cloee Chao Sao Fong, head of local gaming labour activist group New Macau Gaming Staff Rights Association, told GGRAsia: “As far as we know, all casinos allow their table game staff. Jumbo aims to develop new and diversified ETG games. According to Macau government data, the city had 1. The information had first been disclosed by Melco International. The authorities in Japan’s Nagasaki prefecture have told GGRAsia they have no information yet on the timing of the national government’s decision regarding their application to host an integrated resort (IR) with casino. 3pct from overseas. 90 billion. Brokerage China International Capital Corporation (CICC) Hong Kong Securities Ltd says the cost of excess headcount at Macau casino operator SJM Holdings Ltd has declined by 12. ” He added: “As a result we will continue to develop fresh plans that are acceptable to achieve the objective of creating tourism venues and at the same time respecting the historical and spiritual wonder of the Angkor Wat site. So far this year, only 13 licences have been issued, Ros Phirun, Secretary General at the Commercial Gambling Management Commission of Cambodia, told GGRAsia. The Hoiana casino resort complex (pictured) in Hoi An, Vietnam, had an “accumulated loss” amounting to VND5. Macau gaming tax revenue tops US$6. That was because it came amid the backdrop of already-challenging trading. 76 million visitor arrivals in July, or a daily average of just above 89,000, according to data from the city’s Statistics and Census Service. The latest monthly tally was up 365. GGRAsia is approaching 26 Capital, seeking comment on the counterclaims made by UE Resorts International Inc and the three other companies. ”. Since that date, the two properties have also been allowed to loosen capacity limitations at several of their non-gaming attractions. 8 billion), said on Friday the city’s Chief Executive (CE), Ho Iat Seng. “Latin America. Kevin Kelley, chief operating officer, Macau, at Galaxy Entertainment Group Ltd, will give a keynote speech in the morning,. It is the latest iteration of the firm’s “Jin Ji Bao Xi” game series, and is launching with the “Tiger” and “Phoenix. Most of the new supply already being built will be on Cotai, where two new hotels, offering 2,808 rooms in aggregate, are being developed. L&W posts US$731mln 3Q rev, says gaming sales robust. Read More Pragmatic Play explores the Wild West with new game title Nov 17, 2023 Newsdesk iGaming, Latest News Pragmatic Play Ltd, a content provider to the iGaming industry, has launched its latest game title, called “The Wild Gang”. 4bln in year to Oct November 17, 2023; SJM excess labour costs down 12pct. 34 billion in the second quarter this year, accounting for a share of nearly 73. A new, centralised authority to oversee the entire gambling industry in Singapore, is on track to be established in 2021, confirmed the city-state’s Ministry of Home Affairs in an email reply to GGRAsia. That was well above the circa 146,500 signatures – or 2 percent of the local electorate – required to trigger a requirement for Osaka’s governor to move to the next step along the path to a referendum. 8-million] per day of GGR in 2023’s May [Labour Day] Golden Week could serve as a good starting point for previewing into the October one. - based casino operator and hospitality business Hard Rock International Inc has previously confirmed its interest in developing a casino at the beach resort. In the gaming supplier segment, a leading veteran of the casino technology sector – who asked not to be identified by name – expressed “surprise” to GGRAsia at the continued aggressive expansion in 2017 – via acquisition – of Scientific Games Corp, a specialist in casino gaming machines and systems and lottery equipment and services. Up to seven UAE casino licences possible: report. Read More Guangdong court in reminder on ‘cross-border’ bet crime. In September and August, casino sales had fallen sequentially at the property on Jeju, a semi. Macau mass baccarat nearly 60pct of 1Q GGR: regulator. GGRAsia understands from sources that Melco Resorts also has foreigner-only gambling space at its wholly-owned Macau flagship City of Dreams, also on Cotai. The cited request comes as the city fights its most serious Covid-19 outbreak since the pandemic began in early 2020. 05 billion (US$776,512) for regulatory breaches, including anti-money laundering (AML) failures, over a three-year span. Naga new loan credit positive, risk persists: Moody’s. The casino firm added in a separate release that it was “focused on reinvestment in Asia and high-growth opportunities in new markets. It was the best monthly performance since January 2020, at the very beginning of the Covid-19 pandemic, when. 6 percent from the prior year, showed data published on Tuesday by the city’s Statistics and Census Bureau. Acquiring VIP and premium-mass gamblers from outside China is a priority for Asia Pacific casino operators, say several industry marketing specialists spoken to by GGRAsia. 5 percent sequentially in. Casino equipment maker and digital gaming content provider International Game Technology Plc (IGT) says it will redeem on November 7 the outstanding EUR112. 7 million (US$6. Dec 17, 2022 Newsdesk Latest News, Macau, Top of the deck. But local gaming scholar Wang Changbin said, in comments to GGRAsia, that China shows no sign of easing its “dynamic zero-Covid” policy regarding community management of Covid-19 infection risk, and it may persist into next year. GGRAsia asked the gaming bureau about its thinking regarding a ban on hidden touch points or hidden buttons on slot machine player screens, but it opted only to quote from the new standards. A spokesman said it had no comment. We hope there will be a [daily average of] 80,000 to 90,000 visitor arrivals during the upcoming Golden Week. The actual amounts. 7 percent from the preceding quarter. Judged year-on-year, such revenue rose by 32. “We are pleased the new gaming legislation has passed,” said Tim McNally, referring to a statute known as. Macau’s Financial Intelligence Office has told GGRAsia it is expected the city’s 2023 tally of suspicious transaction reports (STRs) will reach “near 2019-level”, as the volume of Macau casino gaming transactions gradually recovers. In an emailed reply to GGRAsia, Macau’s Labour Affairs Bureau did not comment on the average waiting times on non-resident work permit approval. Casino operator Wynn Resorts Ltd announced on Wednesday in the United States plans for its long-anticipated expansion of its Macau casino resort Wynn Palace. 05 billion, with industry-wide net profit at US$2. 30 million tourists, down 28. Judged year-on-year, such revenue rose by. Carlos Coelho, a lawyer and partner at Macau law firm MdME, told GGRAsia the criminalisation of illicit exchange of currency specifically for the purposes of gambling is “doable” within the framework of a new law on illicit gambling, mentioned in the city government’s 2023 policy address. It offers multi-level progressive game play that features not only emotive symbols familar to. Resorts World Manila is rebranding as “Newport World Resorts” (pictured) from Wednesday (July 20), the management of the Philippine gaming and leisure complex said in a press release that day. Oct 07, 2022 Newsdesk Latest News, Macau, Top of the deck. The filing noted the new group CEO had been. Deutsche Bank ups Macau 2023 GGR forecast after Feb data dlvr. com is a new website and newsletter about the Asian casino industryGGRAsia - Business Information. A ‘Jin Ji Bao Xi Grand’ entrance from Light & Wonder. Such reimbursements are capped at HKD24. The October result took Singapore’s visitor aggregate for the first ten months of this year, to 11. Japan’s Nagasaki prefecture has confirmed to GGRAsia that it is still in talks with the national government over its casino-resort application, but hopes to achieve “accreditation as soon as possible” for its proposal. From GGRAsia site checks in early October, Texas Hold’em poker zones were available and active on the mass gaming floors inside a number of Macau’s major casino properties.