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Former Macau monopoly needs leadership shakeup
The death this week of Stanley Ho, the towering figure of the gambling industry in Macau, produced global headlines, and for good reason: He had helped shape history, both in southern China and in much of East Asia.
SJM reports 12.5% profit gain for 2019
SJM Holdings posted a 12.5 percent gain for 2019 and said it was in a solid position to weather the challenges posed by the Covid-19 outbreak.
MGM China revenue up 19% in 2019, driven by non-VIP
MGM China Holdings Limited on Wednesday announced its 2019 financial results, with revenue up 19 percent year-on-year, driven by non-VIP gaming.
Said revenue reached HK$22.8...
Melco, MGM outshine peers in Q3
Melco Resorts & Entertainment and MGM China outperformed their peers in the latest reporting season, as the ramp up of new product offerings drove growth.
LVS to dominate in Asia for the next five years
Las Vegas Sands and its Sands China unit are likely to dominate the market in Singapore and Macau for the next five years, according to a report from Bernstein.
SJM Holdings Q3 misses estimates on weak VIP
SJM Holdings reported lower-than-expected Q3 EBITDA as VIP gross gambling revenue tumbled 43 percent in the quarter.
Okada Manila EBITDA margin improving
Okada Manila’s EBITDA margin appears to be improving on operational changes, table pricing and an improvement in non-gaming amenities.
Melco, MGM seen gaining market share: Bernstein
Melco Resorts & Entertainment and MGM Resorts are likely to have gained market share in Q3 as new properties ramp up, while Wynn Resorts and Galaxy Entertainment may have slipped due to their greater reliance on VIP, Bernstein analysts say.
Sands, Galaxy retain top market share in 19H1
Sands China and Galaxy Entertainment Group retained their top position in Macau gaming market share in 19H1, according to analysts at Deutsche Bank.
The note...
Lisboa Palace opening delayed again
SJM Holdings has pushed back the completion date of its Lisboa Palace resort on Cotai again, this time until about March next year, according to media reports.
All set for the FBM slots expansion campaign in Asia
FBM has been developing its slots offer over the last three years, with operations established in Europe and North America. The company is now accelerating its slots expansion campaign in Asia
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.