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Gongbei crackdown lowers May GGR forecast

The recent police operation in Zhuhai which saw illegal currency exchange stores wiped out may impact on May GGR, according to analysts from Bernstein....

Bernstein revises 2018 GGR growth forecast after strong 18Q1

After a strong first quarter, Bernstein analysts said they now expect GGR growth for the year to reach 14 percent in the year, up...

May first week GGR benefits from Labor Day demand

Gaming revenue in Macau has reached MOP5.6 billion (US$692.7 million) in the first week of May, with month-to-date ADR up 27 percent from the...

April GGR smashes expectations at 28 pct

Gambling revenue in Macau surged 28 percent year-on-year in April, beating analyst expectations.According to official data, gaming revenue reached MOP 25.7 billion (US$3.2 billion)...

Silver Heritage posts 18Q1 loss, GGR ramp up in Nepal

Australia-listed Silver Heritage Group posted a total adjusted EBITDA loss of US$1.9 million for the first quarter of 2018, according to a 18Q1 trading...

Macau GGR to see healthy growth in 2018

Following a strong first quarter, Macau will likely post healthy GGR growth in 2018, but will see deceleration in VIP and premium mass segments...

Fitch pegs Japan IR revenues at US$6 Billion

Fitch Ratings estimates that the first round of IR construction in Japan will create revenues in the US$6 billion range, much smaller than, for...

TRENDING ARTICLES

Osaka willing to consider partial IR opening before 2025 World Expo

The Osaka prefectural and municipal authorities are beginning to reconcile themselves to the likelihood that a full opening of the Yumeshima IR will not be possible before the 2025 World Expo.

Success Dragon expects loss to narrow

Casino service provider Success Dragon International Holdings said it expects to record a narrower loss for the six months ended September 30, 2019 as...

Asia Gaming Brief @ G2E Philippines this week

The Asia Gaming Brief will be at G2E Asia Philippines, making its official debut Dec. 3-4, 2019, at the Manila Marriott Hotel. The show will...

Lawrence Ho: Melco’s growth strategy in Macau validated

In an interview with Bloomberg television, Melco Resorts & Entertainment Chairman and CEO Lawrence Ho asserted that his firm’s rising profitability at a time when the local market is being by decline represents proof that Melco’s strategy is working.

MAGAZINE ISSUES

1XBet gets two gaming awards

1XBet took home two gaming awards this week, one from G2E Asia @ the Philippines and another at the SBC Awards in London. 

Mohegan teams with Hanwha for Korea IR

Mohegan Gaming and Entertainment says it has teamed up with South Korean conglomerate Hanwha Corp to build its Project Inspire resort. 

Tom Horn goes live with winmasters casino

Online casino software supplier Tom Horn has announced its suite of award-winning titles is now available to players of winmasters casino.The online casino brand...