Macau awaiting impact of new rules

Saturday, February 16, 2019

The local branch of global brokerage firm Sanford C Bernstein and Company has reportedly detailed that it is still too early to tell what impact recently-tightened foreign currency transaction rules will have on the casino industry in Macau. Beijing is tightening its belt: According ...

View post

Mobile games revenues to skyrocket

Friday, February 15, 2019

The global rise in the use of advanced smartphones is reportedly set to push annual revenues from mobile gaming well beyond the $100 billion milestone by ...

View post

Tourism benefits Singapore

Thursday, February 14, 2019

The number of tourists that visited Singapore in 2018 reportedly increased by 6.2% year-on-year to reach approximately 18.5 million and led the small city-state to record an around 1% swell in annual sightseer spend to about $19.95 billion. Record-setting performance: According to a report ...

View post

Casino bid coming from Osaka

Wednesday, February 13, 2019

In Japan, the city of Osaka is reportedly set to launch a formal proposal later this week in hopes of capturing one of the three casino ...

View post

Chinese New Year success for Macau

Tuesday, February 12, 2019

Last week’s edition of the seven-day Chinese New Year holiday reportedly proved successful for Macau as the enclave surpassed an earlier official estimate to welcome well over one million tourists for the first time in its history. Earlier estimate smashed: According to a Monday ...

View post

Positive Chinese New Year prediction for Macau

Monday, February 4, 2019

In Macau, a prominent government official has reportedly declared that she is expecting the number of tourists visiting the former Portuguese enclave over the course of the next seven days to rise by up to 9% year-on-year in order to reach an ...

View post

Andrea Domingo advocates Presidential pragmatism

Thursday, January 31, 2019

In the Philippines, the head of the nation’s gaming regulator has reportedly implored President Rodrigo Duterte (pictured below), to lift his ban on the building of any new privately-financed casinos so that the Asian nation can take advantage of this ‘sunrise industry.’ Practical ...

View post

Lottery sales see significant growth in China

Tuesday, January 29, 2019

In China, last year reportedly saw aggregated lottery product sales increase by some 19.9% when compared with the previous twelve-month period to reach approximately ¥511.47 billion ...

View post

Disappointing prediction for Macau

Tuesday, January 22, 2019

Investors in Macau’s casino industry have reportedly been warned to expect gaming revenues to contract by low single digits this year due to the impacts of a cooling Chinese economy alongside that nation’s ongoing trade war with the United States. Short-term slump: According to ...

View post

Potential uncertain future for Macau casino firms

Tuesday, January 15, 2019

In Macau, a slowing economy alongside the prospects of a heightened trade war between the United States and China could reportedly lead to significant challenges for the three foreign gambling firms that operate casinos in the former Portuguese enclave. Expert analysis: According to Friday ...

View post

Wu Zetian the latest from RTG Asia based on China Empress

Friday, January 11, 2019

The first and last Empress of China is showcased in a new online slot game by RTG Asia. Wu Zetian features the only Empress of China in the country’s 5000 year history, with the game highlighting this amazing female. The unique way ...

View post

Asian Circuit coming to the Imperial Palace Saipan

Wednesday, January 9, 2019

Next month will see poker players from around Asia gather in the Commonwealth of the Northern Mariana Islands in order to take part in a new ...

View post

January warning for Macau casino investors

Tuesday, January 8, 2019

Lower than anticipated takings from the over 30 casinos in Macau during the first week of 2019 has reportedly prompted brokerage firm, Sanford C Bernstein and Company, to forecast that January’s upcoming aggregated gross gaming revenues tally may remain relatively static. Unconvincing channel checks: According ...

View post

Cambodian purchase for Macau Legend Development Limited

Wednesday, January 2, 2019

Asian casino operator, Macau Legend Development Limited, has reportedly announced the signing of a deal that has seen it spend slightly over $90 million in order to buy a large plot of land in central Cambodia. Casino resort possibility: According to a report from GGRAsia, ...

View post

Disappointing year for American gaming industry

Wednesday, January 2, 2019

The past twelve months have reportedly seen the aggregated value of stocks in the majority of Las Vegas-based gaming firms decline by over 30% year-on-year as investors wrestled with fears of a looming recession and issues surrounding the United States’ ongoing trade ...

View post

November lottery sales up 11 percent in China

Thursday, December 27, 2018

In China, a rise in sports lottery sales reportedly helped overall lottery revenues from sales on the mainland for November increase by some 10.8% year-on-year to reach about CNY42.72 billion (US$6.20 billion). Slight uptick: According to a report from GGRAsia citing official data from the Asian nation’s Ministry of ...

View post

eSports move for Topgolf International Incorporated

Monday, December 10, 2018

Global sports entertainment firm Topgolf International Incorporated has announced the signing of a deal that is to see it partner with Chinese electronics manufacturer TCL Corporation in order to add eSports lounges to six of its venues in the United States. Golf-themed entertainment: The ...

View post

Macau casinos receive optimistic forecast

Wednesday, November 7, 2018

Facebook In Macau, Economy and Finance Secretary Lionel Leong Vai Tac (pictured) has reportedly declared that he expects this year’s aggregated gross gaming revenues from the over ...

View post

Cagayan deal for Chinese conglomerate

Tuesday, November 6, 2018

In the Philippines, a Chinese conglomerate has reportedly signed an agreement that is to see it spend at least $100 million in order to bring a new integrated casino resort to northern Luzon’s Cagayan Special Economic Zone and Freeport. CEZA consent: According to a ...

View post

Macau posts improved September visitor numbers

Tuesday, October 23, 2018

Macau reportedly chalked up a 3% increase year-on-year in visitor numbers last month as slightly over 2.56 million people travelled to enjoy the former Portuguese enclave’s extensive selection of shops, hotels and casinos. City weathers the storm: According to a report from GGRAsia citing ...

View post

Marketing reshuffle at LeoVegas AB

Wednesday, October 17, 2018

After promoting Louise Nylen to the post of Deputy Chief Executive Officer in July and subsequently scrapping her previous Chief Marketing Officer position, Swedish online casino operator, LeoVegas AB has now announced the hiring of Irena Busic to serve as its new Communications ...

View post