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

DICJ and DSAL to help gaming workers

The city’s Gaming Inspection and Coordination Bureau (DICJ) and the Labours Affairs Bureau (DSAL) had a meeting with representatives of the six gaming operators on Friday, to help gaming workers expre

Analysts: Mass strengthens in Q2

Mass market performance is up 15 pct y-o-y in Q2 this year according to Union Gaming

Gross gaming revenue from the MSAR’s mass tables grew 14.8 per cent year-on-year in the second quarter, according to analyst Grant Govertsen of Union Gaming.

Art meets junket

Local art space Art Garden will be financially assisted by Tak Chun Group, a junket operator based in Macau, Business Daily learned yesterday.

Imperial Pacific wants US$10 million deposit back

Hong Kong-listed Imperial Pacific International (IPI) Holdings Limited is seeking to retrieve a deposit of US$10 million (MOP80.60 million) the company made with the Department of Public Lands (DPL) o

Former Jimei group bets on Hollywood

Starlight Culture Entertainment Group, formerly known as Jimei Entertainment Group - chaired by mogul Jack Lam until his resignation and share sale mid-year - has seen its losses increase to HK$237.85

Success Universe revenue from Ponte 16 dives in H1

Company installed race simulators and ‘invited street performers’ to counter competition

The co-operator of the Ponte 16 property, Success Universe, saw a 32 per cent yearly decrease in its shared profit from the project during the first half of the year, according to the group’s filing w

Landing mulling relocation of its casino to Jeju Shinhwa World

Leveraging the group’s casino operations and completing the hospitality experience drive relocation plan for Landing Casino to theme park

The developer of Jeju Shinhwa World in South Korea, Landing International Development Limited, has announced it is ‘exploring the possibility’ of moving its Landing Casino - located on Jeju Island - t

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