The announcement of the Macau event coincides. ”GGRAsia had previously approached Galaxy Entertainment, asking if there would be gaming space allocated within the Raffles at Galaxy Macau hotel tower, but had not received a reply. 6 percent from the prior year, showed data published on Tuesday by the city’s Statistics and Census Bureau. The Okada Manila casino resort in the Philippine capital is offering online gaming for domestic customers in the nation with effect from mid-April. Morgan Stanley now expects Macau’s gaming industry EBITDA to reach nearly US$6. Macau’s 2023 tourist-arrival tally is likely to be “over 27 million”, said the Macao Government Tourism Office (MGTO) in a Wednesday email in response. Oct 26, 2023 Newsdesk Latest News, Trends & Tech. According to the report, It is expected that Laguna Lăng Cô would “contribute US$245 million” annually to the budget of Thua Thien Hue province from 2021 onward. feminine noun. Ms Zou’s “deep understanding of the pan-Asian consumer will enable her to effectively lead the Wynn team in customer. GEN Singapore 3Q profit up, pledges US$5bln investment. A spokesman said it had no comment. The third-quarter loss at Macau casino operator SJM Holdings Ltd declined by 78. 94 billion (US$1. 85 billion), according to official data. This detergent cuts the grease better than all the rest. DigiPlus Interactive Corp, formerly known as Leisure and Resorts World Corp, said in a Tuesday statement it had “no imminent plans to pursue the development of its 24-hectare [59. Nov 24, 2023 Newsdesk Latest News, Philippines, Top of the deck . 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. In the banking institution’s survey for the month,. 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. 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. SOFTSWISS Sportsbook 3Q GGR up 523pct y-o-y. So said several commentators in remarks to GGRAsia. 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. 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 announcement to the Philippine. Mainland Chinese tourists accounted for more than half of the aggregate number of visitors in the January to September period, at 353,220. Macau junket investor Suncity Group has confirmed to GGRAsia on Friday that it was preparing the launch of new VIP gaming clubs at two separate Cotai casino resorts, respectively the Londoner Macao and Grand Lisboa Palace. The Office of the Ombudsman in the Philippines has had submitted to it some charges against the chairman of the Philippine Amusement and Gaming Corp (Pagcor) and nine other individuals, concerning allegedly-illegal release and disappearance of funds totalling PHP75 million (US$1. Aggregate revenue in the mass-market segment stood at MOP33. 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. 3 percent month-on-month in October, to KRW19. 61 million passengers handled in 2019, the last trading. 1 million), up 15. 40 billion this year, and HKD8. 39 million) in fines, for 182 cases of breaking anti-money laundering (AML) rules. 93 billion) in May, up 5. A spokesperson for MegaLuck Casino, run by Hong Kong-listed New. The institution said net revenue for the sector should be about US$24. International casino operator Las Vegas Sands Corp says it has amended with banking partners certain term loans regarding a US$1. 1. 47 billion) non-gaming and overseas-marketing spending pledges by up to. Macau’s September casino gross gaming revenue (GGR) fell by 13. It is the latest iteration of the firm’s “Jin Ji Bao Xi” game series, and is launching with the “Tiger” and “Phoenix. 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. The Macau government collected MOP51. It was about 60 percent of first-quarter 2019 levels, said parent Las Vegas Sands in April. ”. 9 percent from the prior-year period, said the country’s gaming regulator. 42 billion), said on Wednesday the local regulator, the Gaming Inspection and Coordination Bureau. 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. Macau’s tourism industry is currently preparing package tour products aimed at overseas markets that already have direct flights to the city, namely South Korea, Japan, Malaysia, Singapore and the. So said Andrew Lo Kai Bong, an executive director of the Hong Kong-listed entity, in comments to. “Displaying a full. 00 billion, up 90. 2 days ago · Macau’s Secretary for Economy and Finance, Lei Wai Nong (pictured, centre), has urged the city’s gaming operators to increase staff salaries in 2024, if the companies have the “conditions” to do so. 7 million (US$6. Apr 14, 2023 Newsdesk Japan, Latest News, Top of the deck. That was still 21. 28 billion) but was up 33. Macau embracing electronic play, new clients: Galaxy COO. 21 billion, which was the best. Nov 14, 2023 Newsdesk Latest News, Macau, Top of the deck. A data bank containing details including names, telephone numbers and email addresses for 665,000 shoppers at the Marina Bay Sands (MBS) casino resort (pictured) was last month breached and accessed by people. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()The country boasts a sizeable, licensed casino industry. Macau gaming tax revenue tops US$6. ”. 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”. 08 billion), it said in the 2023 fiscal year budget proposal published on Friday. Veteran Macau-based junket operator U Io Hung, a representative of the Macau Gaming Promoter Professionals Association, told GGRAsia. 0 million for 2024; and HKD38. Está siguiendo una dieta baja en grasa. 67 trillion (US$248. The. Macau’s GGR for the eight months to August 31 reached MOP114. 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 figure was down by 11. 4 percent year-on-year, to HKD410 million (US$52. Mr Power also confirmed that the project. ” He added, regarding his staffing: “We have a solid poker team. “We plan to open for business, including local citizens of. Apr 14, 2023 Newsdesk Japan, Latest News, Top of the deck. 20 billion, the latter down 16 percent from a previous estimate of US$2. There had been 18 satellite casinos in the market as of June-end 2022, so venue-wise the sector has shrunk by circa 40 percent. Deutsche Bank’s revised estimate is. 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. 2 percent year-on-year. A recent proposed newcomer is in Khanh Hoa province, which has reportedly asked the national leadership to permit a US$2. (oily substance) a. The figure represented a 10-percent increase from the results of the pre-pandemic third quarter in 2019, said a Wednesday. Germany-based business emoji company GmbH has partnered with Aristocrat Gaming, the casino-equipment business of Aristocrat Leisure Ltd, to launch a branded “emoji ALL STARS” slot machine product. Jeju Dream Tower is controlled by Korea Exchange-listed Lotte Tour Development Co Ltd. The property is being developed by Australia-based operator Crown. 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. The Macau government is currently conducting a public consultation – due to end on Friday (October 29) – on its proposed revision of the city’s gaming law. 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 (pictured), in an interview with GGRAsia at the. 79 billion (US$3. 18-billion casino and resort scheme in Van Don district – located in the country’s northern. 94 billion (US$1. A loan of up to US$80 million offered to casino operator NagaCorp Ltd from the trust set up by its founder and controlling shareholder Chen Lip Keong, is a “credit positive”, says Moody’s Investors Service Inc, as it would address the 2024 maturity of a company bond. He has been chief executive of the venue’s operating unit, Resorts World at Sentosa Pte Ltd, since 2007 – i. Macau mass baccarat nearly 60pct of 1Q GGR: regulator. Macau’s daily casino gross gaming revenue (GGR) between April 19 and 24 rose 11 percent week-on-week, to MOP83 million (US$10. Macau average daily gross gaming revenue (GGR) continued in the third week of February to be higher than the January average, the latter month the period of Chinese New Year, says JP Morgan Securities (Asia Pacific) Ltd. 27 million, up 147. “This implies last week’s GGR run-rate improved further to circa MOP570 million per day, versus circa MOP530 million per day a week ago,” wrote the analysts. 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. Mainland China-Jeju charter flight again after 7 years. 55 billion (US$769 million) in full-year 2025. 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. No draft of such a proposed law has yet been. The Philippine casino sector produced gross gaming revenue (GGR) of PHP56. EBITDA for the latest reporting period stood at just above AUD5. The aggregate amount is US$107. Why: To provide the gaming industry with up-to-date news and information. GGR rose sequentially for the third consecutive month. They were: Wynn Macau, promoted by Wynn Macau Ltd in downtown peninsula; the Venetian Macao in Cotai, promoted by Sands China Ltd; MGM Macau and. 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. 0 billion (US$26. That would imply a daily run-rate of MOP528 million, which is “ahead of (surprisingly) strong April. Macau recorded a total of 17. The property had a formal launch in July, with what the. The first edition of ICE Asia has been postponed from this. 1,557 likes · 3 talking about this. Philippine casinos will be required to make all players present an identity document and must also keep records of such customers’ gambling activity for at least five years as part of a new regulatory framework on anti-money laundering for the casino sector. “This committee will solicit experts within our membership to create ready-to-use standards to improve cyber resilience,” added Mr DeRaedt. It was the best monthly performance since January 2020, at the very beginning of the Covid-19 pandemic, when. A spokesperson for Suncity indicated such a topic was a private matter for Mr Chau, rather than for Suncity Group. 65 billion (US$824. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()China’s move to criminalise any efforts to organise and solicit mainland residents for the purposes of gambling abroad, is “definitely not good news” for Macau’s junket sector, said Luiz Lam Kai Kuong, a veteran Macau junket investor, in comments to GGRAsia. Casinos are coming under renewed scrutiny by global regulators seeking to crack down on money laundering and misconduct within the gaming industry worldwide. 55 billion (US$6. 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. Application programming interface (API) scenarios represent about “60 percent of vulnerabilities within an organisation,” when it comes to cybersecurity generally, says Ian Hughes, chief commercial officer of Gaming Laboratories International LLC (GLI), a specialist in technology testing, compliance and security for the gaming industry. 5 million), or circa MOP830 million a day, said JP Morgan Securities (Asia Pacific) Ltd in a Monday memo, citing its industry checks. 27 million, up 147. The new club, with an area of 2,600 square meters (27,986 sq feet) and located at the complex’s Pearl. Hong Kong-listed Macau casino operator MGM China Holdings Ltd said in a Monday press release it had been added to the Hang Seng Corporate Sustainability Benchmark Index “with immediate effect”. The firm stated this was based on its “outstanding performance in environmental, social and governance (ESG)” matters. The Macau government collected MOP51. In its latest assessment, UBS said it expects China’s economy to grow 3. 6-million deal to sell a plot of land in Hokkaido, Japan, has been terminated. 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”. The firm said that was “contrary to some recent media reports”. Mohegan Inspire soft opening scheduled for Nov 30. 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. GGRAsia understands those tables will be returned to the new-look Grand Waldo complex. 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. When: Launched in May, 2014. grease. 90-billion loss in the prior-year period. It expects Wynn Macau Ltd’s costs to be 100 percent to 105 percent of 2019’s. He was speaking on Wednesday on the firm’s conference call with analysts. 57 billion (US$1. Visitors from South Korea more than. Macau has 11 satellite casinos that continued to operate under the new 10-year gaming concessions that started on January 1. GGRAsia. Under the new amendment, in scenarios where the setting up of a mainland casino has “grave consequences”, there is a prison penalty of “more than five years, and up to 10 years, along with a fine”. “We anticipate its 2024 mass GGR will be 5 percent to 15 percent stronger than in. The promoter also organises gaming-industry-related gatherings in North America and Africa. Mr Hornbuckle stated. The body does not provide. According to GGRAsia’s correspondent, if the prefecture is selected to host a casino resort, the Wakayama local government plans to sell the land to the would-be casino operator by the same amount as the purchasing price, JPY7. Hokkaido covets ‘green IR’ scheme, says tourism boss. The 2023 edition of the MGS Entertainment Show to be held in Macau, with a casino trade exhibition and one-day summit, is expected to draw “over 5,000 professional audience members and visitors”, said the organiser, the Macau Gaming Equipment Manufacturers Association (MGEMA), in a Wednesday press briefing (pictured). -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. “In this market, you. The casino firm added in a separate release that it was “focused on reinvestment in Asia and high-growth opportunities in new markets. -based casino developer Las Vegas Sands Corp. An upper court in Guangdong, mainland China, has issued a press release citing what it termed “seven classic cases” about “combatting cross-border gambling crimes”, that had been heard in the province’s courts. ” Door still. 3pct from overseas. Nov 04, 2022 Newsdesk Latest News, Macau, Top of the deck. The first day of the in-person and online 2022 edition of casino industry trade fair and conference Global Gaming Expo (G2E) Asia will be dedicated to discussing the future of gaming in Asia. In June, the firm had mentioned that the main. The City of Dreams Mediterranean casino resort, developed by Melco Resorts and Entertainment Ltd with local partners in the Republic of Cyprus, will have a soft launch for “hotel and invited guests” from June 12, followed by its opening to the general public on July 10, said Melco Resorts in a Friday press release. net dictionary. The institution added that fourth-quarter performance in mass-market casino GGR was on course for 12 percent growth sequentially, “well above historical seasonality of +5 percent,” which the brokerage said was the average quarter-on-quarter uptick during the period 2014 to 2019. A memo seen by GGRAsia issued by Macau casino operator Sands China Ltd, said that staff and clients could choose whether or not to mask from Monday onward. Hong Kong-listed catering services business Future Bright Holdings Ltd says it has exited an unrealised three-year deal to run a food court at Macau casino operator SJM Holdings Ltd’s Grand Lisboa Palace casino resort in Cotai. Macau’s casino gross gaming revenue (GGR) for the first eight days of October is estimated at MOP6. The event is scheduled to take place in Singapore, from August 24 to 26. Oct 07, 2022 Newsdesk Latest News, Macau, Top of the deck. Macau’s casino gross gaming revenue (GGR) contracted 3. A few junkets still active in Macau: industry veteran. 01 billion, a rise of 295. Read More What: GGRAsia, a business-to-business website and newsletter for the Asian casino industry. 6 percent compared to only PHP96. 42 billion), said on Wednesday the local regulator, the Gaming Inspection and Coordination Bureau. 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. A number of commentators spoken to by GGRAsia indicated that public support was vital for the plan to have a chance of success. Macau’s daily casino gross gaming revenue (GGR) could be circa 17 percent higher during China’s Golden Week holiday straddling the end of September and start of October, than is expected for the rest of October, says Morgan Stanley Asia Ltd. G2E Asia, organised by the American Gaming Association and Reed Exhibitions, had been staged annually in Macau from 2007 and up to 2019. . Nov 15, 2022 Newsdesk Latest News, Macau, Top of the deck. 6 million, and the deal is expected to close. Vietnam’s Ministry of Planning and Investment has submitted a report on the development of a US$2. The documents were filed via the same database that showed three other major junket brand names serving mainland customers – “Tak Chun”, “Guangdong Club. The Philippine casino industry reported gross gaming revenue (GGR) of PHP187. 55 billion in 2021. Nov 14, 2023 Newsdesk Latest News, Macau, MGS Entertainment Show, Top of the deck. The investment pledge is part of an agreement with the country’s gaming. Gambling & Gaming · China · <25 Employees. The appointment was with effect from Wednesday (November 1), GGRAsia understands. 55 billion this year, versus a previous estimate of US$6. Nov 14, 2023 Newsdesk Latest News, Macau, MGS Entertainment Show, Top of the deck. It did not specify when she was appointed. Technology that seeks to help identify a person from the way they walk, was one topic of discussion during a “Safety and Security” strand of the casino industry’s Global Gaming Expo (G2E) Asia Online Conference 2020, moderated by GGRAsia on Wednesday. by 31 October 2023,” stated LET in a Wednesday filing. Gaming operations drag on Everi’s quarterly results. Macau is seeking to expand meaningfully and soon the percentage of its visitors from overseas, beyond the 2. “Aruze has been doing very well in the Philippines, [at] Genting Malaysia, [in] Australia and New Zealand,” he noted, referring secondly to the operator of Malaysia’s only licensed casino resort. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. May 11, 2023 Newsdesk Latest News, Macau, Top of the deck. 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. Singapore’s Gambling Control Bill had a first reading in the country’s parliament on Monday. GGRAsia was named “Gaming Media of the Year” at the Asia Awards ceremony held in the Philippine capital Manila on Wednesday, for the first edition of SiGMA Asia, a conference and exhibition for the online gaming industry organised by SiGMA Group. It will target the mass market, according to the company. 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. 0 million) for the three months to September 30, according to a presentation published on Thursday. 0 percent from 2019 levels, at just below US$1. SJM excess labour costs down 12pct q-o-q: brokerage. 95 billion, up 305. The Philippines might see business recover to pre-Covid-19 levels in its licensed gambling sector – in particular its casinos – by the latter part of 2022, assuming the country’s travel rules for inbound foreign tourists were eased by then, said Andrea Domingo (pictured in a file. Dividend restart still far for Macau ops: JP Morgan. Nine of the 11 continuing satellite casinos rely on SJM Holdings for gaming. 2 days ago · Gaming software and services provider SOFTSWISS says the Asia-Pacific (APAC) region “offers a substantial opportunity” for the iGaming industry in 2024. 34 million) of its EUR500. Remedy for Macau illicit money swap biz still in review: govt. fat. Macau’s 2023 tourist-arrival tally is likely to be “over 27 million”, said the Macao Government Tourism Office (MGTO) in a Wednesday email in response to a GGRAsia enquiry. Macau recorded nearly 2. 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 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 30, the first quarterly group profit since Jeju Dream Tower’s opening in. 18 billion), or a daily run-rate of MOP527 million. GGRAsia has also approached the other large-scale casino resorts in Metro Manila, asking them to confirm that gaming is among suspended operations. The latest monthly tally was up 365. The announcement was made via a social media post. That is the case of House committee’s vice chairman Mr Boonlue. According to Macau government data, the city had 1. Macau’s gross domestic product (GDP) could soar by up to 44. 34 billion in the second quarter this year, accounting for a share of nearly 73. Macau casino GGR US$348mln for Nov 1 to 5: JP Morgan November 6, 2023; SJM Holdings, Melco group outlooks now stable: Moody’s November 17, 2023 Macau 3Q GDP more than doubles as gaming exports soar November 17, 2023; Macau gaming tax revenue tops US$6. . 1 percent from the prior-year period. Nov 23, 2023 Newsdesk Latest News, Macau, Top of the deck. 1d Edited. 2 percent of all casino gross gaming revenue (GGR) in the period. Guangdong court in reminder on ‘cross-border’ bet crime. The figure compared with an August GGR result of MOP17. “This suggests the reopening recovery is still ongoing. ”. 7 percent sequentially to US$812. 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. So says Jerry Hu (pictured), regional business development manager for land-based gaming at Jumbo. A unit of Japan’s Sega Sammy Holdings Inc is to pay US$1. GGRAsia asked Mr Kelley about Friday’s market-wide stock price correction, which saw Galaxy Entertainment shares down 6. The fine was issued in September by the Financial Intelligence Unit (FIU), a body under South Korea’s Financial Services Commission, according to local media. The authorities in the Japanese metropolis of Osaka had confirmed earlier this month that the planned timetable for opening an IR (pictured in an artist’s rendering) had been delayed by one year, and that the initial investment cost would rise by JPY190 billion (US$1. So says Jerry Hu (pictured), regional business development manager for land-based gaming at Jumbo. It took Macau’s GGR for the nine months to September 30 to about MOP128. 0 million for 2023; HKD29. Macau’s Secretary for Economy and Finance, Lei Wai Nong (pictured, centre), has urged the city’s gaming operators to increase staff salaries in 2024, if the companies have the “conditions” to do so. According to information collated by GGRAsia’s Japan correspondent, the verification of the signatures gathered could take a month. Casino operator Genting Singapore Ltd reported generated third-quarter revenue of just below SGD690. 33 billion) in fiscal revenue from taxes on gaming in the first half of this year, according to the latest available data, released on Thursday by the city’s Financial Services Bureau. GGRAsia asked the gaming bureau via a follow-up enquiry, whether: the regulator had received any complaints regarding the perceived safety of casino chip attribution system technology – also known in the industry as CCAS; whether the bureau had discussed such a matter with the casino operators; and whether there was the. Such sharp increase would be linked to a strong rebound in the city’s tourism and casino sectors, according to the research. Macau recorded just below 19. S. Mr Wilson told GGRAsia his firm had been busy in recent years in establishing a presence in Australia. The firm told GGRAsia on Thursday that it had deployed the units at the Galaxy Macau casino resort in late September. An entity called Let’s Win Group is hosting a “grand opening ceremony” for what it terms a “club” in the Hoiana Resort & Golf property in Vietnam’s. 60 billion (US$153. The City of Dreams (CoD) Mediterranean casino resort (pictured) in the Republic of Cyprus has made 130 employees redundant, and opted not to extend the engagement of 51 probationary staff, the property’s promoter Melco Resorts & Entertainment Ltd has confirmed to GGRAsia. The Grand Lisboa Palace casino resort (pictured) in Macau’s Cotai district, promoted by casino operator SJM Holdings Ltd, has launched a foreigner gaming zone, the company has confirmed to GGRAsia in response to our enquiry. The city’s market-wide mass GGR “is recovering faster” than the ratings institution had forecast, added the memo. GGRAsia is approaching 26 Capital, seeking comment on the counterclaims made by UE Resorts International Inc and the three other companies. 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. So said Greg Saint (pictured), ICE Asia event director, in an interview with GGRAsia. Regarding other work by the division, Mr Son said that some of its officials were scheduled to visit Osaka, Japan, this month – accompanied by representatives. AI test work integral to growth strategy at GLI: Ian Hughes. Philippine casino biz at pre-crisis by 2022: Domingo. GGRAsia approached Las Vegas Sands regarding the reportedly-commissioned new probe. Mr Lui was. The tally was up 107. The cap for the year ending December 31 has been raised to US$10. 6 percent month-on-month, at just over MOP19. “This implies that last week’s run-rate has. It nonetheless expects a fiscal deficit for 2023, with aggregate income – including from a. The remarks. The event is scheduled to take place in Singapore, from August 24 to 26. 10 billion (US$1. Hong Kong-listed LET Group Holdings Ltd, an investor in Asia-Pacific region casino projects, says a US$27. Macau 20mln visitors in year to Sept, 4. Online gaming compliance testing services have become an important part of the testing work being done by Gaming Laboratories International LLC (GLI) in Asia, says Ian Hughes (pictured), the firm’s vice president of global services. Oct 25, 2023 Newsdesk Japan, Latest News, Top of the deck. Feb 26, 2021 Newsdesk Latest News, Macau, Top of the deck. According to figures provided to GGRAsia, Primorsky received 626,044 foreign visitors in the first nine months of 2018, up 21. “Clark, as a destination, is still in its early. 6 million visitor arrivals for the first eight months of this year, according to the city’s Secretary for Economy and Finance, Lei Wai Nong, in comments to reporters on Wednesday. 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. The new body – to be called the Gambling Regulatory Authority (GRA) – will be a statutory board and will be reconstituted from the. Kevin Kelley, chief operating officer, Macau, at Galaxy Entertainment Group Ltd, will give a keynote speech in the morning, marking. The government wants the integrated resorts [IR] to feed tourists to the local communities. As part of the brand’s plans and to “effectively control. We hope there will be a [daily average of] 80,000 to 90,000 visitor arrivals during the upcoming Golden Week. 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. 2. 6 billion (US$820. Macau stole the gaming industry headlines at the very tail of 2022, with the dropping of a nearly three-year ‘zero-Covid’ policy that had involved extensive testing and use of quarantine. We additionally asked Suncity Group if it had been approached by the ACIC regarding any matters under investigation by the latter. 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. 3 million), estimates a Monday note from brokerage Sanford C. Macau gaming tax revenue tops US$6. Jeju Sun Hotel and Casino, a property of Philippines-listed Bloomberry Resorts Corp, has confirmed to GGRAsia – in response to our telephone enquiry on Tuesday – that it will reopen on October 3. 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. 80 billion), it said in the 2024 fiscal year budget proposal published on Wednesday. Oct 28, 2022 Newsdesk Latest News, Macau, Top of the deck. 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. Mohegan Inspire Entertainment Resort, a complex at Incheon, South Korea, is to have a “soft opening” next Thursday, November 30, announced its promoter, the Mohegan Tribal Gaming Authority. ”. 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. That was according to a. 05 billion, with industry-wide net profit at US$2. It is the latest iteration of the firm’s “Jin Ji Bao Xi” game series, and is launching with the “Tiger” and “Phoenix. The scheme is said to be partly backed by local hospitality firm Vinpearl Co, part of prominent Vietnam conglomerate Vingroup Co. Historically, casino transactions account for a majority of the city’s flagged financial activities. 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. Nov 24, 2023 . 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. Read MorePhilippines 3Q industry GGR US$1. Pax volume 66pct of 2019 Golden Week says Macau airport. The third-quarter VIP gambling business for Genting Singapore Ltd, operator of Resorts World Sentosa (RWS), half of Singapore’s casino duopoly, was “surprisingly solid”, with its rolling chip volumes “jumping” 62 percent quarter-on-quarter to approximately 130 percent of. GGRAsia is a website that covers the latest news and trends in the Asian gaming industry, including Macau, Philippines, Singapore, Japan and other regions. “GRA is aware of the cyber incident involving MBS’s members from its non-casino loyalty. At least three other Macau casino operators have launched foreigner-only gambling zones within company properties, with the first starting in February, according to GGRAsia’s checks. It was the best monthly performance since January 2020, at the very beginning of the Covid-19 pandemic, when the city’s. Maybank currently expects Genting Malaysia to post earnings before interest, taxation, depreciation, and amortisation amounting to MYR3. 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. The United Arab Emirates in the Middle East is considering granting a casino licence to each of its seven constituent emirates, reported Bloomberg, citing a person said to be familiar with the matter. His comments were made. But experts suggested to GGRAsia that in the absence of clarity on that point. Casino equipment maker and digital gaming content provider International Game Technology Plc (IGT) says it will redeem on November 7 the outstanding EUR112. 1 percent year-on-year. 29). An organiser of Global Gaming Expo (G2E) Asia, a casino industry conference and trade exhibition that has been held annually in Macau since its inception in 2007, says that this year there is to be a Philippines edition on December 3 and 4 at the Manila Marriott Hotel at the Resorts World Manila casino resort. Macau’s Public Prosecutions Office. Singapore FY2022-23 casino-levy take above pre-Covid. The UM team estimates that. The City of Dreams (CoD) Mediterranean casino resort (pictured) in the Republic of Cyprus has made 130 employees redundant, and opted not to extend the engagement of 51 probationary staff, the property’s promoter Melco Resorts & Entertainment Ltd has confirmed to GGRAsia. , to protect local employment – rather than commercial. He added: “Considering we are tracking circa. Standing bets are again allowed at table games at Singapore’s two casino complexes since August 19, the Singapore Tourism Board (STB) confirmed in an emailed reply to GGRAsia. 34 billion), which is as much as 90. As reported by GGRAsia last month, a gambling zone for foreigners was already in place at the Venetian Macao casino resort, run by Sands China Ltd. That is according to data released on Wednesday by the local regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ. 5 percent at HKD41. Aristocrat Gaming is aiming to supply the “lion’s share” of circa 3,000 gaming machines that are likely to enter the Macau casino market per year, said Lloyd Robson, general manager for Asia, in an interview with GGRAsia. (Updated 6. Why: To provide the gaming industry with up-to-date news and information. In April, the government had confirmed to GGRAsia the plan for a bill to cover an update to the city’s illegal gambling regime as part of a number of regulatory steps impacting the gaming sector. Litigation by 26 Capital It was announced last month that 26 Capital was suing Tiger Resort, Leisure and Entertainment – the promoter of the Okada Manila casino resort – urging the prompt. 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. He told GGRAsia: “Osaka, Wakayama and Nagasaki and their IR partners will each have to earn national approvals for their IR development plans. “Players must make winning combinations. 20 billion, the latter down 16 percent from a previous estimate of. Dec 17, 2022 Newsdesk Latest News, Macau, Top of the deck. Apr 04, 2023 Newsdesk Latest News, Rest of Asia, Top of the deck. Lvmama is. 6 billion.