01/22/21 Summit Ascent to reach GGR of $1.23bn by 2024 According to Bank of America/Merrill Lynch, the Suncity-owned operator will increase GGR through its casinos in Manila and Russia.
01/21/21 Unified Osaka prefecture would continue IR plans An ordinance will be presented at the city’s council to unify the administration. It includes preparations for Osaka’s IR bid.
01/21/21 IPI approaches former senator for CEO role Former Norther Mariana Islands senator Ray N. Yumul say he in negotiations with the operator on the vacant CEO role.
01/20/21 World Poker Tour brand sold for US$78.25m The Chinese-owned gambling giant Allied Esports Entertainment has agreed to sell its World Poker Tour assets to Element Partners.
01/19/21 Sega Sammy redundancy scheme surpasses expectations The company plans to spend about US$91.7m in the restructuring plan announced in November.
01/19/21 First Indian gaming start-up files IPO Nazara Technologies, backed by magnate Rakesh Jhunjhunwala, has become popular for its cricket esports games.
01/18/21 Macau’s GGR reaches US$2.75bn in last quarter Mass baccarat represented over half of GGR at Macau casinos for last three months of 2020, followed by VIP baccarat and slot machines.
01/16/21 How is Covid-19 impacting on cruise lines’ stocks? Asian operators have begun “cruises to nowhere” from Singapore, Japan and China.
01/15/21 Macau gaming service index up 17 points A mystery shopper survey found casino workers are more proactive and smiling more but also less tolerant with customers.
01/15/21 AGEM names new president and board David Lucchese replaces Luke Orchard as president of the board while another six officials were elected for a one-year term.
01/14/21 G2E Asia to convene in August at the Venetian Macao G2E Asia, the marketplace for the Asian gaming and entertainment industry, will return to the Venetian Macao from August 17-19, 2021.
01/14/21 Macau hotel prices fell 50% in 2020 Impacted by the pandemic, the Tourist Price Index in the last quarter of the year fell by 15 per cent, according to the Statistics and Census Bureau.
01/14/21 Pansy Ho’s PR firm signs agreement with MGM China Occasions Asia Pacific will provide PR and marketing services to MGM Grand Paradise, a subsidiary of MGM China.
01/14/21 Betting shops forced to close in Malaysia Number forecast operators have announced the closure of betting shops in the country until at least January 26.
