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Macau
Sunday, May 28, 2017
With the Dragon Boat Festival falling next Tuesday, the city is preparing to hold another edition of the International Dragon Boat Races, set to kick off Saturday. Business Daily delves into the history and current development of this cultural phenomenon
Analysts are predicting gross gaming revenue growth of between 14 pct and 20 pct for May, y-o-y
Five years after the Wynn-Okada spat, one of the 17 named in a report into alleged ‘improper relationships’ between Okada and Pagcor officials, is taking Wynn Macau to court. In Macau. In question is personal data protection, which had previously resulted in a MOP20,000 fine for Wynn, as it allegedly transferred the data outside the territory.
Union Gaming believes gaming concessions for SJM and MGM China will be extended by two years to 2022, while rejecting the possibility of any upcoming competitive public tenders for new gaming licenses
Sun Century Group Limited, a junket operator presided over by chairman Alvin Chau Cheok Wa, announced in a filing with the Hong Kong Stock Exchange last Thursday that it has changed its name, in both English and Chinese. Suncity...
The casino supporting the largest chunk of Saipan Island’s economy is set to open soon
The Macau Jockey Club (MJC) is planning to construct a hotel within its property, according to Thomas Li Chu Kwan, the executive director & chief executive of the Macau Jockey Club, local broadcaster TDM Radio News reported. The intention is...
Malta-based company Join Games Malta Ltd. is planning to bring the “first iGame for mobile Virtual Reality (VR)” to Macau in September
Combining games of skill and social media is the million-dollar formula to hook millennials, according to Myles Blasonato, Creative Director of Royal Wins Pty Ltd., speaking in a panel at the iGaming Summit held yesterday at Global Gaming Expo...
Philippines-listed casino operator Melco Philippines Resorts Corp. registered 148.6 million pesos (US$2.97 million) in profits in the first three months of 2017, a positive record following the net loss of P1.13 billion registered in the same period of last...
Online sports wagering is on cricket, not football. Investors should look south of Ecuador, rather than toward Asia - and get locals to do the red tap if they want to get it right from the start
About 40 junket operators have so far been audited. DICJ director Paulo Martins Chan says the city’s 120 or so junkets are “balanced”. Reducing MSAR gaming taxes could be on the menu to help fend off regional competition. Meanwhile, the gov’t is likely to maintain current junket levels as the VIP sector rebounds.
Immersive entertainment experiences and theme parks can be a successful complement to modern Integrated Resorts by attracting younger, more diverse types of consumer

The M word

Developing entertainment and gaming for millennials and a more tech savvy crowd will be the greatest challenges for gaming operators and electronic game developers in the future
Two Integrated Resorts in Japan could be enough. Maybe three, say experts. But no rush on the Japanese side so far. Consensus is key. But with no contenders pulling ahead yet, location and taxation will determine much. Pachinko will not be so translatable, but pachislot could. Closer to home, Hengqin could be a potential diversification outlet for the MSAR, say experts.
Industry insiders point out that the development of Integrated Resorts in Japan should be framed in terms of a commitment to the entire country, its image, and its future
Speaking on the sidelines of the G2E Asia at The Venetian, the Deputy Chairman of casino operator Galaxy Entertainment Group Ltd., Francis Lui Yiu Tung, remarked that it is not currently a prominent matter to discuss the city’s gaming...
Two subsidiaries of local junket operator Suncity Group Holdings Limited are seeking to increase the annual caps for a hotel accommodation and related services procurement agreement
But before getting to the product mix, those hoping to develop integrated resorts need to know that the authorities are on the same page
The first potential competitor to Lawrence Ho’s Tigre de Cristal in Russia’s Far East is back on track
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