The Macau casino market in May registered “a record-high mass GGR in the history of Macau”, estimated brokerage JP Morgan Securities (Asia Pacific) Ltd in a Sunday note. Mass-market gross gaming revenue…
Walker Digital to show Perfect Pay Blackjack at G2E Asia
Walker Digital Table Systems LLC, already known in Macau and other major gaming markets for its bet-tracking ‘smart’ table, Perfect Pay Baccarat, plans to show its blackjack-compatible version at the Global Gaming…
Nepal govt issues warning to casino operators over renewals
Nepal’s Department of Tourism has issued a warning to incumbent casino operators in the country that might be “reluctant” to meet a mid-June deadline for renewal of their rights, warning them that…
NagaCorp draws down most of US$80mln shareholder loan
The board of NagaCorp Ltd, operator of NagaWorld (pictured in file photo), a casino resort monopoly in the Cambodian capital Phnom Penh, says that on Friday it drew down US$70 million of…
Macau’s SJM Resorts expands agreements with director Angela Leong for gaming operations at L’Arc and Jai Alai
Macau concessionaire SJM Resorts S.A. said Friday it has revised upwards the maximum amount it can pay to the operating entity of satellite casino L’Arc, and extended by three years the lease…
Macau economic growth to continue in near-term but ongoing diversification crucial, says International Monetary Fund
Macau’s strong economic growth is predicted to continue in the near term, with Gross Domestic Product seen growing by 13.9% in 2024 due mainly to the ongoing recovery of the gaming industry,…
RGB inks deal to sell nearly 2,000 slot machines to PAGCOR
Malaysian gaming product distributor RGB International Bhd says it has been awarded a contract by Philippine gaming regulator PAGCOR to supply almost 2,000 slot machines for use in Casino Filipino branches. According…
Japan’s Universal may look to claim damages from former President Fujimoto in US$43.5 million fiduciary breach case
Japan’s Universal Entertainment Corp says it is taking measures to ensure it can file a claim for damages against its former Representative Director, President, CEO and CIO Jun Fujimoto, who is accused…
JP Morgan: Macau mass GGR reached all-time high in May
Macau’s mass gaming revenues hit an all-time high in May, with mass market GGR almost back to pre-COVID levels and premium mass soaring well beyond, according to a Monday note from JP…
Major shakeup at Newport World Resorts: CEO, COO and CFO all depart on the same day
IAG has learned of major changes to the leadership of Newport World Resorts (formerly Resorts World Manila) over the weekend. Long-time CEO Kingson Sian has retired effective Saturday 1 June, with COO…