Gaming

Still cantering along

Macau Horse Racing Co. just had its operation contract extended despite a history of losses which is hard to explain from the standpoint of orthodox economics, according to an analyst
The concession period of Macau Horse Racing Company Ltd., which retains exclusive rights to operate horseracing betting in the Macau SAR, has been extended for another six months, the Official Gazette

Season of Discontent

300 Galaxy Entertainment Group employees took to the streets around the Cotai property yesterday. Carrying signs and yelling slogans. Demanding 14 months remuneration per year.
Workers from the Galaxy Entertainment Group (GEG) protested near the Galaxy property in Cotai yesterday to voice their demands. Carrying signs and yelling slogans, workers demanded a full-14 months s

Diversifying and pursuing

Casino investor Amax International Holdings Limited announced on the same day that it had entered into an agreement to obtain exclusive operating rights for a VIP room in an unknown Cambodian casino
Casino investor Amax International Holdings Limited entered into a non-legally binding agreement on September 4 to obtain the exclusive operating rights for a VIP room in an unknown Cambodian casino,

On the road

MGM China recently hosted a two-day seminar on the One Belt, One Road initiative and Greater Bay Area plan
Local gaming operator MGM China Holdings Limited hosted a two-day Seminar on the One Belt, One Road initiative and on the Greater Bay Area plan with the support of the MSAR Liaison Office of the Centr

Passing the torch

The Chief Operating Officer of Russian Operations at Summit Ascent Holdings Limited has resigned the position and will occupy an undisclosed position at Melco International Development Limited
The Chief Operating Officer of Russian Operations at Summit Ascent Holdings Limited, Craig Robertson Ballantyne, has resigned the position in the company and will join Melco International Development

Maintaining red alert

Macau Legend registered losses of HK$228.5 million (US$29.2 million) in the first half of this year

Losses for the first half-year for local hospitality and casino operator Macau Legend Development Ltd increased 30.4 per cent year-on-year, reaching HK$228.55 million, according to the group’s filing

Capturing your audience

A low interest in traditional forms of gambling, but high expectations for increased wagering on eSports for younger generations - give them something they like and they’ll bet on it

Hosting eSport events can help MSAR casinos and hotels diversify their offerings and create the conditions to attract a younger type of customer with disposable income and less interest in traditional

Moving on to drafting the IR bill

Osaka seems to still be leading the bid to get one of the first licenses to operate an Integrated Resort in Japan, although public hearings concluded last week raised concerns, industry insiders told

As the two-week public hearing held in Japan to present the framework for the Integrated Resort (IR) Promotion Bill drew to an end last week, industry insiders and experts based in the country updated

Syndicate content