Fighting back

Morgan Stanley analysts believe gross gaming revenues will recover ‘sharply’ from the impact of consecutive typhoons throughout September, with the VIP sector expected to recover quicker than mass mar

Local gaming market gross gaming revenues are expected to recover ‘sharply’ this week and in September from the damage wrought by Typhoon Hato and Pakhar, with the temporary shutdown of some casinos n

Suncity reports loss on non-gaming segment

The Hong Kong-listed junket operator’s investment in real state in Mainland China has not yet yielded positive results, but travel services in Macau are paying off

Junket operator and property developer Suncity Group Holdings Limited has announced RMB1.05 billion (US$160.15 million/MOP1.29 billion) in loss attributable to the owners of the company from non-gamin

Neptune spins off into new orbit

Local junket operator Neptune Group Limited has proposed changing the English name of the company to Rich Goldman Holdings Limited, according to a filing of the company with the Hong Kong Stock Exchan

Grand addition

Jeju, the holiday destination island of South Korea, will have its Dream Tower Integrated Resort with casino operated by Grand Hyatt

Grand Hyatt is the luxury hotel chain chosen to operate Jeju Dream Tower Integrated Resort, Lotte Tour Development told Business Daily.

Not so good neighbour policy

Strong lobbying for a casino license by three sites in Japan located within close range of each other could weaken the chances of all, unless emphasis is put on regional and not municipal development

Three sites are reportedly lobbying hard to get one of the first licenses to operate an Integrated Resort in Japan, the Japan Times reported on Sunday.

VIP pays off, kind of

Imperial Pacific International Holdings is planning to increase the number of VIP rooms in its only casino on the Pacific Island of Saipan, following strong H1 performance

Strong VIP performance at Best Sunshine casino on the Island of Saipan has pushed its casino operator, Imperial Pacific International (IPI) Holdings, to announce plans to open more VIP rooms by the en

A night at the casino

Workers from Sands China complained about shift scheduling that led to dealers being asked to sleep in the property and have a rest period between shifts of just

A group representing employees from all Sands China Ltd.’s properties complained to the casino management about their work shift schedule during the days that Typhoon Hato and Pakhar hit Macau.

Typhoon Overtime

During the highest levels of Typhoon Hato, and after the gaming authorities ordered casinos with power failures to suspend activities, several gaming properties in Cotai were seen with their lights on

Some reports have stated some casinos in Cotai maintained gaming operations during Signal 9 and 10 levels of Typhoon Hato on August 23, with lights kept on by generators even during the blackout cause

Hiring spree

The number of newly hired employees in the gaming sector went up 56.8 per cent to 1,035 in the second quarter of this year, with the average wage for gaming employees rising 4.6 per cent to MOP23,080

Job vacancies in the gaming sector increased by 57.2 per cent year-on-year in the second quarter of this year to 923, according to a Manpower Needs and Wages of the Gaming Sector survey released yeste

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