7. According to information gathered by GGRAsia’s Japan correspondent, Mayor Matsui reiterated Osaka’s desire to start its request-for-proposal (RFP) phase with potential private-sector partners this month. A Thursday release on behalf of W Hotels – a marque of hotel conglomerate Marriott International Inc – had said W Macau was “slated to open on September 8” at Studio City, a Macau casino resort property majority-owned by global gaming operator Melco Resorts and Entertainment Ltd. SOFTSWISS handles 26k player monitoring requests this year. Corona Resort and Casino (pictured in a file photo) – a gaming complex located on Vietnam’s Phu Quoc island – has announced on its official website that operations at the resort and gaming facilities recommenced on Friday (May 8), after a month-long pause amid the Covid-19 pandemic. So said several commentators in remarks to GGRAsia. Nov 07, 2023 Newsdesk iGaming, Latest News. Osaka’s proposal (pictured in an artist’s rendering) – featuring a consortium including MGM Resorts International and Orix Corp – got 657. Brokerage China International Capital Corporation (CICC) Hong Kong Securities Ltd says the cost of excess headcount at Macau casino operator SJM Holdings Ltd has declined by 12. SJM posts US$73mln in 3Q EBITDA, narrows quarterly loss. MGS Entertainment Show, a Macau-based casino industry trade exhibition and conference, starts its 2023 edition today (Tuesday) at Galaxy International Convention Center (GICC), at the Galaxy Macau casino resort. Judged year-on-year, such revenue rose by 32. 27 trillion. The authorities in Japan’s Nagasaki prefecture have told GGRAsia they have no information yet on the timing of the national government’s decision regarding their application to host an integrated resort (IR) with casino. 23 billion (US$2. 6 percent from the prior year, showed data published on Tuesday by the city’s Statistics and Census Bureau. ” He added: “As a result we will continue to develop fresh plans that are acceptable to achieve the objective of creating tourism venues and at the same time respecting the historical and spiritual wonder of the Angkor Wat site. February GGR fell by 10. . A few junkets still active in Macau: industry veteran. Aggregate revenue in the mass-market segment stood at MOP33. The latest monthly tally was up 365. 8 percent sequentially. That represented circa 71 percent of the same period in 2019, during the trading year preceding the Covid 19 pandemic, when the city-state logged 15. Dividend restart still far for Macau ops: JP Morgan. Macau recorded a total of 17. In June, the firm had mentioned that the main. The title presents players with symbols including bears, cougars, and wolves on a 5 x 5 grid. The Hoiana casino resort complex (pictured) in Hoi An, Vietnam, had an “accumulated loss” amounting to VND5. A Macau court has sentenced Alvin Chau Cheok Wa (pictured in a file photo), former boss of now-defunct Macau casino junket Suncity Group Ltd, to 18 years in prison in aggregate. 8 percent below the tally recorded for July. Wynn Resorts unveils US$2bln Wynn Palace extension. The Macau authorities. 4 million declined 4. 34 billion in the second quarter this year, accounting for a share of nearly 73. Mr Wilson told GGRAsia his firm had been busy in recent years in establishing a presence in Australia. Oct 10, 2023 Newsdesk Latest News, Philippines, Rest of Asia, Top of the deck . Slot win reached US$118 million, up from US$29 million a year ago, and circa 77 percent of 2019 levels. GGRAsia takes its name from a phrase instantly recognisable to the casino investment community - 'gross gaming revenue'. That is the case of House committee’s vice chairman Mr Boonlue. GGRAsia. Operating income of US$52. Resorts World Manila is rebranding as “Newport World Resorts” (pictured) from Wednesday (July 20), the management of the Philippine gaming and leisure complex said in a press release that day. Philippine real estate businessman Manuel Villar (pictured in a file photo), listed this year as the second richest Filipino by Forbes magazine, plans to launch a new casino resort complex in the country’s capital, Manila, in 2023. 90 billion. China has had heightened scrutiny of those of its wealthy interested in “cross-border gambling”. e, before the property opened – and chairman of that entity since 2015. Macau’s Gaming Inspection and Coordination Bureau, also known by its Portuguese acronym DICJ, confirmed to GGRAsia late on Tuesday that it had met that day with representatives of Macau junket investor Suncity Group. Philippine casino biz at pre-crisis by 2022: Domingo. The institution calculated GGR for the first 17 days of September at. Casino operator Wynn Resorts Ltd announced on Wednesday in the United States plans for its long-anticipated expansion of its Macau casino resort Wynn Palace. A new Manila casino resort (pictured in an artist’s rendering) at the Westside City Project is likely to launch in 2022 at year-end, followed by a “grand opening” of the rest of the resort property in 2023, said on Thursday, Suncity Group Holdings Ltd, in response to an enquiry from GGRAsia. One of them was a verdict – on an unspecified date – of the. A spokesman said it had no comment. The third-quarter loss at Macau casino operator SJM Holdings Ltd declined by 78. LT Game Ltd, a Macau-based provider of electronic gaming equipment and management technology for casinos, has appointed Eddie Au Hon Man as chief operating officer (COO). Jeju Sun’s operation has been paused since March 21, 2020. Specific to GGRAsia readers, we are at the forefront, working alongside legislators and regulators throughout the Asia-Pacific region. Under the new amendment, in scenarios where the setting up of a mainland casino has “grave consequences”, there is a prison penalty of “more than five years, and up to 10 years, along with a fine”. 72 billion) pledged by Sands China Ltd as part of its successful bid for a new 10-year Macau gaming concession that began in January. ”. A loan of up to US$80 million offered to casino operator NagaCorp Ltd from the trust set up by its founder and controlling shareholder Chen Lip Keong, is a “credit positive”, says Moody’s Investors Service Inc, as it would address the 2024 maturity of a company bond. A recent proposed newcomer is in Khanh Hoa province, which has reportedly asked the national leadership to permit a US$2. The Macao Government Tourism Office (MGTO) says the city is getting ready to receive package tours from mainland China in November. The Philippine casino industry reported gross gaming revenue (GGR) of PHP187. The first tourism-related chartered passenger flight in seven years from mainland China to the South Korean holiday destination of Jeju Island, was welcomed on the first weekend of this month. Visitors from South Korea more than. Building of Phase 4 at the Galaxy Macau casino resort, in Macau’s Cotai district, could be completed “in 2024″, says Francis Lui Yiu Tung (pictured in a file photo), deputy chairman of the property’s promoter, Macau casino operator Galaxy Entertainment Group Ltd. The acquisition of a section of Aruze Gaming’s ETG assets helps Interblock to enlarge its presence in Asia Pacific, remarked Mr Hu to GGRAsia. 500-percent senior notes due on July 15, 2024. RGB 2023 gaming machine sales to be double 2019 record. 27 million, up 147. 61. Referring to a Friday announcement by the national authorities. According to the institution, the industry-wide EBITDA margin stood at 29. Two Macau scholars recently told GGRAsia that the Chinese authorites showed no sign of significantly easing their “dynamic zero-Covid” policy. 05 billion in 2023, and US$1. The Suncity venue in Manila confirmed to have closed last week was within the Okada Manila casino resort, according to checks done on behalf of GGRAsia. An organiser of Global Gaming Expo (G2E) Asia, a casino industry conference and trade exhibition that has been held annually in Macau since its inception in 2007, says that this year there is to be a Philippines edition on December 3 and 4 at the Manila Marriott Hotel at the Resorts World Manila casino resort. “The Japanese government is continuing the review of Kyushu-Nagasaki IR, but no schedule has been given,” said. Nov 14, 2023 Newsdesk Latest News, Macau, Top of the deck. Macau stole the gaming industry headlines at the very tail of 2022, with the dropping of a nearly three-year ‘zero-Covid’ policy that had involved extensive testing and use of quarantine. 6-million deal to sell a plot of land in Hokkaido, Japan, has been terminated. According to figures provided to GGRAsia, Primorsky received 626,044 foreign visitors in the first nine months of 2018, up 21. The chairman of Hong Kong-listed Cambodian casino operator NagaCorp Ltd has told GGRAsia the firm is “pleased” that a “a reasonable approach continues with the new law” on casino gaming in that country, with regard to taxation. “The buyer has failed to pay the remaining balance of the purchase price of US$22. GGR rose sequentially for the third consecutive month. The chairman of Hong Kong-listed Cambodian casino operator NagaCorp Ltd has told GGRAsia the firm is “pleased” that a “a reasonable approach continues with the new law” on casino gaming in that country, with regard to taxation. Hoiana, a resort with a foreigner-only casino,near Hoi An in Quang Nam province, and in which Hong Kong-listed Suncity Group Holdings Ltd has an investment, told GGRAsia last week that it would be one of the tourism destinations able to welcome guests from overseas as part of the “vaccine passport programme”. Fourth-quarter gaming revenues were said to have risen 133 percent year-on-year, as “overall drops across all. 9 percent from the prior-year period, said the country’s gaming regulator. “We had a very good opening and anticipate increased visitation. WPT confirms Vietnam, Cambodia meetings for 2024 season. The scheme is said to be partly backed by local hospitality firm Vinpearl Co, part of prominent Vietnam conglomerate Vingroup Co. Jan 15, 2018 Newsdesk Latest News, Macau, Top of the deck. The Macau government is currently conducting a public consultation – due to end on Friday (October 29) – on its proposed revision of the city’s gaming law. It did not specify when she was appointed. In comments to GGRAsia, Macau’s Sports Bureau indicated the public-sector role was mainly one of facilitation for initiatives from the community and the private sector – specifically mentioning the gaming concessionaires – rather than ‘big-picture’ planning. Macau casino operator Galaxy Entertainment Group Ltd says it is “not considering re-entering Boracay,” in the Philippines, “to develop a resort” there. The MGM China group added that it would be entitled to receive reimbursement from MGM Resorts regarding the costs of the marketing offices, based on the referrals made to the parent’s properties. A new, centralised authority to oversee the entire gambling industry in Singapore, is on track to be established in 2021, confirmed the city-state’s Ministry of Home Affairs in an email reply to GGRAsia. MBS confirms data breach to 665k non-casino client records. GGRAsia – Japan Japan JCM half-year gaming sales down nearly 8pct y-o-y Nov 13, 2023 Newsdesk Japan, Latest News, Top of the deck Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of JPY1. Sands China’s non-rolling table win in the mass market was US$911 million in the opening quarter of 2023, compared to US$354 million a year earlier. -based casino developer Las Vegas Sands Corp. 65 billion (US$824. For other cases, such penalties range from up to five years in prison, plus a fine; to a “controlled release along with a fine”. In September, it was reported that the management at Marina Bay Sands hired prominent Singapore law firm Davinder. 3 percent of Macau’s casino GGR in the period. 42 billion), said on Wednesday the local regulator, the Gaming Inspection and Coordination Bureau. The W Macau hotel tower at Studio City Phase 2 (pictured in a rendering) in Macau is due to open in September, says Lawrence Ho Yau Lung, chairman and chief executive of Melco Resorts & Entertainment Ltd. A Macau junket trade group has submitted a letter to the city’s chief executive, Ho Iat Seng, requesting the government to waive partially an existing levy on commissions paid by casinos to junkets. An event branded “Asian IR Expo + G2E Asia 2023” is to be held from July 11 to 13, at the Venetian Macao, run by Sands China Ltd, a unit of Las Vegas Sands. The City of Dreams (CoD) Mediterranean casino resort (pictured) in the Republic of Cyprus has made 130 employees redundant, and opted not to extend the engagement of 51 probationary staff, the property’s promoter Melco Resorts & Entertainment Ltd has confirmed to GGRAsia. Hong Kong-listed Macau casino operator MGM China Holdings Ltd said in a Monday press release it had been added to the Hang Seng Corporate Sustainability Benchmark Index “with immediate effect”. Macau’s gross domestic product (GDP) could soar by up to 44. The actual amounts. So said Greg Saint (pictured), ICE Asia event director, in an interview with GGRAsia. The 16,000-seat, multipurpose Galaxy Arena. e. The venue is the only property in the country allowed to. 94 billion (US$1. 50-billion revolving credit agreement. Macau embracing electronic play, new clients: Galaxy COO. Macau’s casino GGR for the ten months to October 31 reached MOP148. Read MorePhilippines 3Q industry GGR US$1. “We are pleased the new gaming legislation has passed,” said Tim McNally, referring to a statute known as. 4 percent quarter-on-quarter, through “natural attrition”. 24-billion casino resort for Hon Tre island. GGRAsia. 5 million), versus a HKD1. 05 billion, with industry-wide net profit at US$2. An industry consultant has suggested to GGRAsia that the reasoning for keeping Macau’s casinos open amid the ongoing Covid-19 crisis is now “social” – i. 1 percent from the prior-year period. Casino equipment supplier Novomatic AG has told GGRAsia the firm has “not sold gaming equipment to the Russian market over the past years”. ” Door still. Nov 08, 2023 Newsdesk Latest News, Trends & Tech. Such reimbursements are capped at HKD24. 34 billion), which is as much as 90. Cambodia has started operating its already-flagged new casino taxation system based on gaming revenue, rather than on lump-sum payments, it was reported on Monday. SOFTSWISS Sportsbook saw a 438-percent year-on-year rise in the number of bets in the third quarter, and gross gaming revenue (GGR) up. But China’s State Council has this year designated April 29 to May 3 inclusive, as a holiday period on the Chinese mainland. 01 billion, a rise of 295. 4 percent year-on-year, to HKD410 million (US$52. 8 percent from the preceding quarter. The Wakayama prefectural government has been active in pursuing the opportunity to host a casino resort. Clarion said the venue-switch decision had been “endorsed by the ICE. The figure was down by 11. 0 million for 2023; HKD29. The city’s market-wide mass GGR “is recovering faster” than the ratings institution had forecast, added the memo. Macau is to have 11 so-called satellite casinos that will continue to operate under the new 10-year gaming concessions starting from January 1, 2023, compared to 18 satellite casinos that were in the market as of June-end this year, a decrease of 38. Macau’s September daily run rate for casino gross gaming revenue (GGR) improved by at least 25. 6 percent month-on-month, at just over MOP19. Nov 07, 2023 Newsdesk Latest News, Singapore, Top of the deck. Mainland China-Jeju charter flight again after 7 years. “We now expect the region’s fourth-quarter mass GGR will be equal to its levels in the fourth quarter of 2019,” said the ratings agency. Deutsche Bank’s revised estimate is. Macau non-gaming desirable, ops cannot do it all, say pundits. “The law on commercial gambling. . “We started testing here in Macau 10 years ago, and nearly 100 percent of our work was terrestrial games. The objective of the proposed new rule against illegal deposit-taking activities is to deter the usage of casino deposits as “financial investments”, remarked Macau law firm MdME’s managing partner Rui Pinto. Each slot-maker also continues to change the landscape of casinos through. Melco Resorts’ costs are put at 105 percent to 107 percent of 2019. 61 million passengers handled in 2019, the last trading. GGRAsia asked Mr Kelley about Friday’s market-wide stock price correction, which saw Galaxy Entertainment shares down 6. in alphabetical order— adds its own flair and style to these game mechanics. Singapore RWS 3Q VIP business solid without overpaying: analysts Nov 14, 2023 Newsdesk Latest News, Singapore, Top of the deck The third-quarter VIP gambling business for Genting Singapore Ltd, operator of Resorts. Market-wide casino gross gaming revenue (GGR) in Macau reached MOP12. Ms Zou’s “deep understanding of the pan-Asian consumer will enable her to effectively lead the Wynn team in customer. 2 million) in the three months to September 30, up 40. The government wants the integrated resorts [IR] to feed tourists to the local communities. 1d Edited. His comments were made. Macau recorded nearly 2. The first Barcelona editions of ICE and iGB Affiliate are to be held at the 240,000 square metres (2. 2 percent year-on-year. The official – who oversees the tourism and gaming sectors – declined. Casino regulator the Philippine Amusement and Gaming Corp (Pagcor) has confirmed to GGRAsia that some casino resorts in that country have been allowed to reopen “limited to a maximum of 30 percent capacity” and with strict health countermeasures against Covid-19. May 11, 2023 Newsdesk Latest News, Macau, Top of the deck. 25 (US$4. The Khmer Times said – citing Mey Vann, secretary of state at the Ministry of Economy and Finance – that a so-called self-declaration system for casino venues had. GGRAsia understands those tables will be returned to the new-look Grand Waldo complex. The promoter also organises gaming-industry-related gatherings in North America and Africa. It is the latest iteration of the firm’s “Jin Ji Bao Xi” game series, and is launching with the “Tiger” and “Phoenix. Macau’s October casino gross gaming revenue (GGR) was up 30. Though he added that was because such credit issuance had dramatically reduced in the Macau market before. S. 7 percent from the preceding quarter. According to information collated by GGRAsia’s Japan correspondent, the verification of the signatures gathered could take a month. The first phase of a multibillion-U. Oct 26, 2023 Newsdesk Latest News, Trends & Tech. Aside from those events, the name “Suncity” was already featuring in a variety of mainland investigations, GGRAsia has now been able to confirm after a review of official documents. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()China’s move to criminalise any efforts to organise and solicit mainland residents for the purposes of gambling abroad, is “definitely not good news” for Macau’s junket sector, said Luiz Lam Kai Kuong, a veteran Macau junket investor, in comments to GGRAsia. A veteran promoter of VIP gaming in Macau has confirmed to GGRAsia that “for about six months” he has again been involved in such a business arrangement: in this case with Macau gaming concessionaire MGM China Holdings Ltd at. Hong Kong-listed LET Group Holdings Ltd, an investor in Asia-Pacific region casino projects, says a US$27. GGRAsia is a website and newsletter about the Asian sector of the casino industry. The casino at Corona Resort and Casino, on Phu Quoc island, is to open on Saturday, confirmed to GGRAsia the entity managing gaming at the venue. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()Jan 09, 2023 Newsdesk Latest News, Macau, Top of the deck. Regarding other work by the division, Mr Son said that some of its officials were scheduled to visit Osaka, Japan, this month – accompanied by representatives. Macau’s September casino gross gaming revenue (GGR) fell by 13. (fatty tissue) a. 54 billion (US$3. 79 billion (US$3. There has also been recent analyst commentary that the recovery of outbound tourism from. 9 percent from May 2022, according to data released on. AI test work integral to growth strategy at GLI: Ian Hughes. But he added that because such actions were tantamount to what he termed “illicit currency swaps [exchange]” – it should be looked at instead. 03 billion) in the third quarter, a slight increase from PHP56. 0 million (US$507. Germany-based business emoji company GmbH has partnered with Aristocrat Gaming, the casino-equipment business of Aristocrat Leisure Ltd, to launch a branded “emoji ALL STARS” slot machine product. Morgan Stanley now expects Macau’s gaming industry EBITDA to reach nearly US$6. 47 billion) non-gaming and overseas-marketing spending pledges by up to. Macau’s Public Prosecutions Office. GGRAsia has approached Galaxy Entertainment seeking comment regarding the foreigner-only gambling zone. The new club, with an area of 2,600 square meters (27,986 sq feet) and located at the complex’s Pearl. In an emailed reply to GGRAsia, Macau’s Labour Affairs Bureau did not comment on the average waiting times on non-resident work permit approval. She's following a low-fat diet. 1 percent from the prior-year period. 1 percent year-on-year. Andrew Lee, an analyst at brokerage Jefferies Hong Kong Ltd, said in a Wednesday note, that MGM China’s “monthly market share increased to 15. About 40 managers in aggregate from either the security or casino operations departments of respectively, Sands China Ltd, SJM Resorts Ltd, and Galaxy Entertainment Group Ltd participated in those talks, the Judiciary Police said. Nov 10, 2023 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck. 93 billion) in May, up 5. 9k: Citi. At least three other Macau casino operators have launched foreigner-only gambling zones within company properties, with the first starting in February, according to GGRAsia’s checks. Macau is seeking to expand meaningfully and soon the percentage of its visitors from overseas, beyond the 2. GGRAsia | 4,024 followers on LinkedIn. Macquarie stated: “We expect Macau’s mass GGR to return to 2019 levels in fourth-quarter 2023, helped by the removal of transport, hotel room supply,. Singapore is to introduce a specific offence of “proxy gambling” as part of its new Gambling Control Bill, a piece of legislation that is designed also to consolidate existing betting-related laws for the city-state. Singapore’s Gambling Regulatory Authority (GRA) has asked the Marina Bay Sands (MBS) casino resort to “conduct further investigations on its casino loyalty programme”, the regulator said in a statement emailed to GGRAsia on Wednesday. A memo seen by GGRAsia issued by Macau casino operator Sands China Ltd, said that staff and clients could choose whether or not to mask from Monday onward. According to an announcement published on Wednesday in Macau’s Official Gazette, Ms Senna Fernandes has been. 7 percent from MOP14. 58 million sq. Meaning of grasia. He told GGRAsia: “Osaka, Wakayama and Nagasaki and their IR partners will each have to earn national approvals for their IR development plans. 2 percent achieved in January, said on Wednesday the head of the city’s tourism bureau. 2 percent year-on-year. It was the best monthly performance since January 2020, at the very beginning of the Covid-19 pandemic, when the city’s. Mr Power also confirmed that the project. Macau recorded over 7. Macau’s Secretary for Economy and Finance, Lei Wai Nong (pictured, centre), has urged the city’s gaming operators to increase staff salaries in 2024, if the companies have the “conditions” to do so. The management clarified, in response to an enquiry from GGRAsia, there was “status quo” in terms of Genting Hong Kong Ltd being “partners in. A spokesperson for MegaLuck Casino, run by Hong Kong-listed New. The fresh appointment was confirmed in a statement sent to GGRAsia on Thursday by Wynn Macau Ltd, operator of the Wynn Macau and Wynn Palace casino resorts. 55 billion (US$6. The official – who oversees the tourism and gaming sectors – declined. According to the report, It is expected that Laguna Lăng Cô would “contribute US$245 million” annually to the budget of Thua Thien Hue province from 2021 onward. When: Launched in May, 2014. 2 days ago · Macau gaming operator says it has raised the annual cap set for transportation, logistics and technical services provided by its parent company, U. But the official said the government could not demand the six casino concessionaires to make such salary adjustment. The tally was up 107. “This was a result of three years of cash burn amid. “This looks like another step” in the “direction,” of firmer control he added, referring to the proxy gambling. The Macau government is still studying how to tackle unauthorised money exchange activities, frequently observed on the city’s casino floors or their surroundings, and commonly interrupted by the authorities. Macau’s 2023 tourist-arrival tally is likely to be “over 27 million”, said the Macao Government Tourism Office (MGTO) in a Wednesday email in response. The firm said additionally that it had “no licence to operate gaming venues in Russia and therefore does not operate venues in Russia. 50 billion (US$2. Aristocrat Gaming is aiming to supply the “lion’s share” of circa 3,000 gaming machines that are likely to enter the Macau casino market per year, said Lloyd Robson, general manager for Asia, in an interview with GGRAsia. The breaches related to 2022 but were only made public on Tuesday at an audit hearing for. Japan’s Nagasaki prefecture has confirmed to GGRAsia that it is still in talks with the national government over its casino-resort application, but hopes to achieve “accreditation as soon as possible” for its proposal. What does grasia mean? Information and translations of grasia in the most comprehensive dictionary definitions resource on the web. Nov 04, 2022 Newsdesk Latest News, Macau, Top of the deck. Gaming software and services provider SOFTSWISS says that since the beginning of the year its multifunctional Anti-Fraud Team has “processed more than 26,000 requests encompassing lockout of problematic players, analysing notifications concerning at-risk players and. GGRAsia is a website that covers the latest news and trends in the Asian gaming industry, including Macau, Philippines, Singapore, Japan and other regions. That is according to Robert Goldstein. Such revenue was up 374. 90 billion. The institution said net revenue for the sector should be about US$24. A recent proposed newcomer is in Khanh Hoa province, which has reportedly asked the national leadership to permit a US$2. Nov 24, 2023 Newsdesk Latest News, Philippines, Top of the deck . In its latest assessment, UBS said it expects China’s economy to grow 3. 6 billion. The filing noted the new group CEO had been. The United Arab Emirates in the Middle East is considering granting a casino licence to each of its seven constituent emirates, reported Bloomberg, citing a person said to be familiar with the matter. 6 percent compared to only PHP96. 7 percent. Application programming interface (API) scenarios represent about “60 percent of vulnerabilities within an organisation,” when it comes to cybersecurity generally, says Ian Hughes, chief commercial officer of Gaming Laboratories International LLC (GLI), a specialist in technology testing, compliance and security for the gaming industry. 85 billion), according to a Sunday announcement from the local regulator, the Gaming Inspection and Coordination Bureau. 55 billion (US$6. Casino junket operators in Macau will each have to pay a guarantee of MOP1. Macau’s airport handled a total of 116,343 inbound and outbound passengers and 975 aircraft movements from September 30 to October 6 inclusive, a seven-day period equivalent to 2019′s autumn Golden Week holiday season. Pagcor chair, ex-chair, others face charges in E-sabong case. 0 million) for the three months to September 30, according to a presentation published on Thursday. Sep 26, 2023 Newsdesk Latest News, Macau, Top of the deck. The announcement was made on Monday by Macau’s Chief Executive Ho Iat Seng (pictured in file photo), while speaking to the press after a public event. South Korea’s casino trade association has so far acquired circa 70 members, Ms An told GGRAsia. Dec 17, 2022 Newsdesk Latest News, Macau, Top of the deck. The year closed with December GGR that slipped 13. Alfastreet opted not to have a stand at the event. 9 percent from May 2022, according to data released on. 1 percentage points year-on-year, showed the data. Mr Gautreaux was described as. Maria Helena de Senna Fernandes, director of Macao Government Tourism Office (MGTO), was speaking on the sidelines of a public event. Nov 24, 2023 Newsdesk Latest News, Philippines, Top of the deck . 5 percent at HKD41. 1 million), up 15. 94 billion (US$1. JP Morgan said that based on its own checks, Macau-market GGR for the first 18 days of June was estimated at MOP9. To get the day’s top headlines delivered to your inbox every morning, sign up for our 5 Things newsletter. The Daegu Casino in South Korea has been fined KRW1. 8 percent month-on-month, to MOP10. The operator of casino complex Newport World Resorts, in the Philippine capital Manila, is set to expand operations under its Philippine Inland Gaming Operator (PIGO) licence, with the addition of live table games, the property’s chief operating officer, Hakan Dagtas, told GGRAsia. “This suggests the reopening recovery is still ongoing. 86 million visitor arrivals. The force said it had proposed a joint “task force” regarding the threat of illicit money changing. 93 million visitor arrivals in the first nine months of 2023, up 356. The property had a formal launch in July, with what the. The aggregate amount is US$107. Macau’s casino gross gaming revenue (GGR) stood at MOP11. But the ratings. The October result took Singapore’s visitor aggregate for the first ten months of this year, to 11. The bureau stated: “In the process of promoting the implementation of non. The parent of the Jeju Dream Tower casino resort (pictured), on the South Korean holiday island of Jeju, reported net profit of at least KRW300 million (US$226,760) in the three months to September 30, the first quarterly group profit since Jeju Dream Tower’s opening in. Casino slot machine maker and digital games provider Aristocrat Leisure Ltd opened on Tuesday what it called “the first dedicated gaming showroom” in the Philippines. 7 percent from a year earlier, to nearly. R&F Korea (RFKR), a firm linked to Hong Kong-listed Chinese developer. Definition of grasia in the Definitions. The first day of the in-person and online 2022 edition of casino industry trade fair and conference Global Gaming Expo (G2E) Asia will be dedicated to discussing the future of gaming in Asia. Timber Stacks awards a win when matching symbols land left-to-right on the matrix, with a ‘tumble. A total of 143 casinos in Cambodia have submitted their annual licensing application to the country’s gaming regulator. As reported by GGRAsia last month, a gambling zone for foreigners was already in place at the Venetian Macao casino resort, run by Sands China Ltd. 3 percent from the comparable 2022 period. The new offering is scheduled to go live next month. 8 percent from the preceding quarter. Oct 20, 2023 Newsdesk Latest News, Macau, Top of the deck. GGRAsia quizzed the group’s chairman and CEO on whether the company was looking for new Marina Bay Sands customers beyond mainland China. A veteran promoter of VIP gaming in Macau has confirmed to GGRAsia that “for about six months” he has again been involved in such a business arrangement: in this case with Macau gaming concessionaire MGM China. The Macau government collected MOP51. Non-China VIPs key target for Asia casinos: marketers. Macau-based junket operator Meg-Star International has confirmed to GGRAsia it is currently preparing for “two new openings” of fresh-to-market VIP gaming clubs in the city. by 31 October 2023,” stated LET in a Wednesday filing. Sep 12, 2023 Newsdesk Latest News, Philippines, Top of the deck. Macau’s casino gross gaming revenue (GGR) for the first eight days of October is estimated at MOP6. The firm’s EBITDA is estimated at US$1. Jeju Dream Tower is controlled by Korea Exchange-listed Lotte Tour Development Co Ltd. 55 billion this year, versus a previous estimate of US$6. Historically, casino transactions account for a majority of the city’s flagged financial activities. 0 percent from 2019 levels, at just below US$1. 6 million. The authorities in Hokkaido, Japan’s northernmost prefecture (pictured), are still mulling the idea of hosting an integrated resort (IR) with casino, as a way of boosting tourism and regenerating the local economy. It offers multi-level progressive game play that features not only emotive symbols familar to. 1 million), up 15. 3pct from overseas. “We plan to open for business, including local citizens of. 85 billion), according to official data. The Macau government collected MOP51. The Office of the Ombudsman in the Philippines has had submitted to it some charges against the chairman of the Philippine Amusement and Gaming Corp (Pagcor) and nine other individuals, concerning allegedly-illegal release and disappearance of funds totalling PHP75 million (US$1. The sentence was read out on Wednesday (January 18) at the city’s Court of First Instance by the presiding judge, Lou Ieng Ha. 55 billion this year, versus a previous estimate of US$6. G2E Asia, organised by the American Gaming Association and Reed Exhibitions, had been staged annually in Macau from 2007 and up to 2019. “Latin America. Hong Kong-listed catering services business Future Bright Holdings Ltd says it has exited an unrealised three-year deal to run a food court at Macau casino operator SJM Holdings Ltd’s Grand Lisboa Palace casino resort in Cotai. Where: Macau-based, with an interest in gambling markets across the Asia Pacific region. A number of commentators spoken to by GGRAsia indicated that public support was vital for the plan to have a chance of success. He cited factors including airlines still “normalising” operations. Standing bets are again allowed at table games at Singapore’s two casino complexes since August 19, the Singapore Tourism Board (STB) confirmed in an emailed reply to GGRAsia. 28 billion) but was up 33. The Philippine gaming sector could be “competing with Singapore” for the top gross gaming revenue (GGR) position regionally over the next few years, following a rapid recovery from Covid-19 disruptions, suggests industry consultancy GCG Gaming Advisory Services Pty Ltd. Guangdong court in reminder on ‘cross-border’ bet crime. 86 million visitor arrivals. An event branded “Asian IR Expo + G2E Asia 2023” is to be held from July 11 to 13, at the Venetian Macao, run by Sands China Ltd, a unit of Las Vegas Sands.