09/10/19 Suncity Group foresees revenue drop Head of junked operator Suncity Group forecasted that VIP gaming revenues in Macau are likely to drop 15% in 3Q and 20% in the 4Q.
09/10/19 VIP players push Macau’s gaming market According to Bernstein Research, VIP and premium players drive 70% of Macau’s gaming market, contributing to most of its gross gaming revenue.
09/09/19 Foreigner casinos post higher revenues in South Korea Companies operating Foreigner-only casinos in South Korea reported year-on-year improvements in revenues during August.
09/09/19 Osaka speeds up IR process Osaka Governor Hirofumi Yoshimura announced they will launch the IR RFP process in 2019 and plan to select the operator by next boreal spring.
09/09/19 Chinese nationals arrested over iGaming in the Philippines The Police arrested over 200 foreign nationals in Lapu-Lapu City over an alleged offshore iGaming operation in the Philippines.
09/06/19 Melco Resorts appoints new president Evan Winkler has become Melco Resorts and Entertainment’s new president after his appointment came into effect last Wednesday.
09/06/19 Philippines won’t ban iGaming President Rodrigo Duterte has said that the Philippines won’t ban iGaming operations despite China’s recent accusations that it would endanger the country’s economy.
09/05/19 Sands China and Galaxy lead Macau in 19H1 According to analysts at financial services firm Deutsche Bank, Sands China and Galaxy lead Macau the gaming market share during the first half of the year.
09/05/19 Japan releases IR Basic Plan The Ministry of Land, Infrastructure, Transport and Tourism of Japan released the draft for the IR Basic Plan in an unexpected move for the casino industry.
09/04/19 Kambi and NagaWorld strengthen and renew sportsbook cooperation NagaWorld’s on-property sportsbooks is set to receive extended live event coverage as part of a multi-year agreement.
09/04/19 IPI gets fined by the Commonwealth The Commonwealth Casino Commission fined IPI a total €341k for late payment of the annual casino licence renewal fee.
09/04/19 Yokohama Mayor pushes for IR development Mayor Fumiko Hayashi has voiced she feels a “sense of crisis” and is pushing for Yokohama’s IR bid to go forward.
09/04/19 Cambodia bans iGaming Cambodia’s iGaming industry is no more after Prime Minister Hun Sen ordered to shut down all operations in the country.
09/03/19 Bernstein assesses Wynn Macau status According to the financial services firm Bernstein, Wynn Macau shares have suffered the most from the US-China trade war.
09/03/19 Melco aims at Yokohama IR While the industry awaits final regulations, Melco International targeted a Yokohama IR and will open an office in the city to push for a licence.