Malaysia-based gaming product distributor RGB International Bhd has reported a profit before tax of MYR25.3 million (US$5.4 million) for the three months to 31 March 2024, up 112% year-on-year on a significant…
Genting Malaysia revenues, profit up in 1Q24 on growth in Malaysia and US gaming markets
Genting Malaysia Berhad reported a 22% increase in revenues to MYR2.71 billion (US$577 million) from its leisure and hospitality operations in 1Q24, with its three segments – Malaysia, UK and Egypt, and…
Seaport Research: Thai casino regulations won’t be suitable for US operator involvement
Thailand’s initial casino regulations are unlikely to be strong enough to lure regulated US operators into the market, according to Seaport Research Senior Analyst Vitaly Umansky. In a Friday note examining the…
IAG announces inaugural IAG Business Breakfast at Wynn Macau on Tuesday 18 June 2024
Inside Asian Gaming is thrilled to announce the inaugural IAG Business Breakfast, taking place on Tuesday 18 June 2024 in the Grand Ballroom of Wynn Macau. The IAG Business Breakfast, a new…
Macau Fraudsters Bilked Casino for $580K with Baccarat Cold Decks
Five employees of an unnamed casino on Macau’s Cotai Strip are accused of orchestrating a scam involving stacked baccarat decks that bilked the venue out of HKD4.54 million (US$581,498). On May 25,…
Fontainebleau Las Vegas Joins Amex Platinum Hotel Program
Fontainebleau Las Vegas has a new avenue for attracting well-heeled customers as the Strip casino resort is now part of the American Express Fine Hotels and Resorts (FHR) program. The newest integrated…
BLOOM’s new casino to supply 15pct of 2024 GGR: Maybank
Maybank Securities Inc has raised its forecasts for gross gaming revenue (GGR) for Solaire Resort North (pictured), a casino complex opened on Saturday by Bloomberry Resorts Corp (BLOOM) in Quezon City, north…
Expansion of IVS scheme hugely positive for Macau: Goldstein
China’s decision to increase the number of places where people can apply for Individual Visit Scheme (IVS) exit visas to travel to Macau is “hugely positive” for the city’s gaming industry, says…
S.Korean slot maker KL Saberi eyes Macau market
South Korea’s KL Saberi slot machine brand is aiming to be a fresh face in the Macau casino equipment market, says a manager for its electronic gaming machine development team, in an…
CLSA survey finds premium mass players now more prepared for multiple visits to Macau
Premium mass players from mainland China are far more likely to make multiple trips to Macau than pre-COVID, with the lucrative segment continuing to underpin the SAR’s resilience against an uncertain Chinese…