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Melco's Morpheus Hotel Macau

Morpheus boosts Melco’s Q2 results

Melco Resorts & Entertainment said its Q2 revenue rose 17 percent, helped by the opening of its Morpheus hotel in June last year and higher hold rates, though performance at its City of Dreams Manila property weakened on increased competition.

Konami Gaming extends its growth in the global slot machine market

In FY2018 Konami Gaming posted sales growth of 5.2 percent and profitability growth of 8.2 percent as the Japanese company continued to gain market...

Macau gaming taxes up 17 pct in Jan-Sept.

The Macau government saw a 17 percent year-on-year rise in direct gaming tax revenue in the first nine months of the year, according to data from the Financial Services Bureau (DSF) released on Monday.

Midnight Bicycle Racing revenues up 13.7 percent

Midnight Bicycle Racing is boosting the otherwise flagging revenues of bicycle racing across the nation. According to the latest figures released by the National...

Trade war creates headwinds for Macau gaming stocks

Macau gaming stocks are feeling the heat from the trade war between the U.S. and China, falling to their lowest levels in a year, with some analysts cutting their growth forecasts on concern for a slowdown in China’s economy.

Paradise Sept. revenue flat

Paradise Co., which runs foreigner-only casinos in South Korea, reported flat September revenue, though for the first nine months of the year, sales have risen 17 percent.
Singapore

Tourism spending points to promising trend

Singapore tourism arrivals are up just over 7 percent in the year to July, but a closer look at the detailed breakdown provided for Q1 shows that for the second consecutive quarter, visitors spent more on gaming, sightseeing and entertainment than in its glitzy shopping malls.

GPI sees revenue gains from Asia, RFID chips

Gaming Partners International saw a more than 51 percent increase in Q2 revenue, driven by surging demand for casino chips containing RFID technology and surging sales in Asia.
Transact Technologies

Transact Q2 revenue gains 8 percent as international casino sales surge

Transact Technologies said its Q2 net sales rose 8 percent, boosted by surging sales to casinos in Europe, Asia and Australia.
Pokerstars

Stars Group Q2 revenue gains 34.8 percent, helped by Australia

Canada-based Stars Group, owner of the PokerStars brand, reported a 34.8 percent jump in Q2 revenue, helped by recent acquisitions in Australia.

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SJM CEO calls for one-year concession extension

SJM Holdings CEO Ambrose So has called on the government to extend the gaming concessions, which are due to expire next June, by at least one year.
Macau Vaccines

Macau reimposes quarantine for travellers from certain areas in China

Macau’s health authorities have re-established a 14-day quarantine for those coming from specific provinces within mainland China.
Lynn McCreary

Sportradar Appoints Lynn S. McCreary as Chief Legal Officer

Sportradar, a leading global provider of sports betting and sports entertainment products and services, announced the appointment of Lynn S. McCreary as Chief Legal Officer. 

Regulators barely have a seat at the table [video]

Asia Gaming Brief asia editor Felix Ng catches up with former gaming regulator Paul Newson, Principal at Senet Advisory about how the pandemic, and recent royal commissions have sparked change in the approach to gaming regulation in Australia.
RWLV Genting

RWLV going cashless sets benchmark for wider industry

Resorts World Las Vegas’ new casino floor, which opens on June 24, is set to feature cashless gaming and smart tables using RFID chips.