04/22/19 Macau VIP business to bounce back, exec says Senior executive at Las Vegas Sands Corp Robert Goldstein stated the company expects the Macau VIP business “will resurrect.”
04/17/19 Bernstein lowers Macau GGR estimates The brokerage has lowered Macau GGR estimates for April as the segment recorded less revenue than expected so far.
04/17/19 Saipan casino struggles after typhoon Super typhoon Yutu hit the Pacific islands and Saipan’s IPI casino continues to struggle to recover from the impact.
04/16/19 Philippine casino waits for permit Bloomberry’s Philippine casino at Quezon City hasn’t started ground breaking as it continues to await for the necessary permits.
04/16/19 Indian government mulls online gambling ban The Gujarat government is considering banning online gambling as part of changes to its gambling laws.
04/16/19 Okada Manila continues to thrive The Okada Manila has reported huge growth during March as GGR went up to €56.4 million, a 67.9% year-on-year improvement.
04/12/19 Macau VIP GGR down in the first quarter Morgan Stanley estimates revealed Macau VIP GGR was down 10% during the first quarter, while the mass market segment saw it grow 8%.
04/11/19 Genting Singapore to see little impact from expansion According to Fitch Ratings, the expansion of Genting Singapore’s non-gaming attractions will have a modest impact on leverage and earnings.
04/11/19 Phil-Asian Gaming Expo coming on July 12 – 14 The Phil-Asian Gaming Expo (PAGE) is coming soon: SMX Convention Center, Manila, Philippines, July 12 – 14.
04/09/19 GGR to drop once again in Macau According to analysts, GGR in Macau will drop in the second quarter and is expected to hit rock bottom as tax cuts and credit ease out.
04/05/19 Genting shows “cautious optimism” for Japanese IR The upcoming Japanese IR industry has attracted international operators and Genting announced it is “cautiously optimistic” about its chances.
04/04/19 Singapore: Las Vegas Sands to expand non-gaming offering As part of a deal with the government of Singapore, Las Vegas Sands will expand its non-gaming offering with a €2.9 billion investment.
04/04/19 Goa Minister questions casino operators The authority believes that casino operators are influencing and infiltrating political elections.
04/02/19 Macau gambling revenue goes down in March According to the authorities, Macau gambling revenue dropped 0.4% year-on-year during March, amid a tough 2019 for the industry in the Chinese territory.
03/28/19 Macau operator, optimistic on financial projections Melco CEO Lawrence Ho remains confident the Macau casino industry will post “decent growth” in 2019, despite brokerages forecasts.
