Monday, January 20, 2020
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Sega Sammy seeks future as major international IR operator

Sega Sammy Holdings released its 150-page “Integrated Report 2018” this week in which, among other things, the company proclaims its intention to be “on an equal footing with world-famous IR operators” both domestically and internationally.

Operators mobilize staff for typhoon clean up

Macau’s operators announced Monday they were mobilizing staff to help with the cleanup efforts after Typhoon Mangkhut, which swept through the territory at the weekend forcing the closure of casinos for the first time since concessions were granted in 2002.

Nine overseas IR operators join Yokohama RFI process

At the explanation meeting held on Monday, the Yokohama municipal authorities released a breakdown of the 22 companies that have joined the RFI process, revealing that nine of them are international IR operators. A further six are domestic property developers.

Mass market leads Macau’s Q2 growth

The mass market overtook the VIP sector to lead growth in Macau’s gross gambling revenue in Q2 with a gain of 21 percent over the prior year, according to figures from the Gaming Inspection and Coordination Bureau.

IR bill critics target article on moneylending

Article 85 of the IR Implementation Bill, which will allow operators to lend money to casino guests, is coming under particularly heavy criticism from...

Macau Q1 hints at non-gaming revenue growth: MS

Property EBITDA growth at Macau’s six operators rose faster than GGR growth in Q1, in part because of improving non-gaming revenue, Morgan Stanley said...

TRENDING ARTICLES

Australian bushfires hit home for many

Australia, a country that many in our industry call home, has continued to be impacted by devastating bushfires, destroying communities and displacing thousands.In this...

IPI aims for Japanese VIP, families and newlyweds

Imperial Pacific International is set to turn its sights to Japanese tourists and VIP gamblers, after hiring a number of marketing representatives to target...

Spotlight on the illegal transportation of fighting birds

Animal Wellness Action has published a report alleging that a massive illegal transportation scheme brought thousands of fighting birds to Guam for years, undetected or ignored by the local authorities.

Paradise Co revenue up 23.4 pct in 2019

South Korea casino operator Paradise Co saw its casino revenues increase 23.4 percent year-on-year in 2019, reaching KRW 784.8 billion (US$673.1 million). The increase in...

MAGAZINE ISSUES

Malaysian police bust small casino in KL

Malaysian police have busted a “mini-casino” hidden inside an entertainment outlet in southern Kuala Lumpur, arresting 58 people, local media reports. The police raid took...

Sands China declares HK$0.99 interim dividend

Hong Kong-listed Sands China has declared an interim dividend of HK$0.99 per share payable to shareholders of the company.According to a filing from the...

Silver Heritage secures US$1 million loan

Australia-listed Silver Heritage Group has secured a loan of US$1 million, which will be used for working capital purposes of the company. The loan was...