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Genting Singapore has reported a 2 percent increase in casino sales from the final quarter of last year, indicating the pent-up demand that had been driving performance has largely stalled.
Daniel Cheng, a seasoned casino veteran who was formerly leading Hard Rock International’s effort to gain a license in Hokkaido, talks to Asia Gaming Brief about Japan’s creepingly slow progress towards its first IRs.
PH Resorts, which is developing the Emerald Bay resort on Cebu, has signed an accord with a junket operator aimed at tapping into Japan’s VIP market.
Macau's mass gaming market is likely to grow in the high single digits from 2022 once the pandemic eases, but growth going forward will depend on the ability to bring new attractions and products online, industry experts on a gaming panel said.
SJM Holdings said it plans to raise funds through an issue of Hong Kong-dollar and Macau-pataca-denominated notes to refinance existing debt.
SJM Holdings is targeting a June opening for its Grand Lisboa Palace, though the offering will be limited at first and some analysts doubt that the company will claw back its market share in the short term at least.
Macau’s gross gambling revenue showed a modest improvement in April, rising 1 percent from the prior month, with all eyes now on the Golden Week holiday, which is expected to fuel a steeper gain in May.
THE Philippine Amusement and Gaming Corporation (PAGCOR) has reached out to a distressed orphanage in Manila as soon as the charitable institution publicly appealed...
Steve Vickers, the CEO and founder of political and corporate risk consultancy Steve Vickers & Associates, talks to Asia Gaming Brief about the impact of China’s crackdown on cross border capital flows on the junket industry. He says the sector is unlikely to die out altogether and there will inevitably be some links to organized crime.
Scientific Games plans to delve into the latest trends and developments that will shape the future of the casino at its upcoming Asia Summit...