Macau’s Gaming Inspection and Coordination Bureau reported January GGR falling 5% year on year, the first year-on-year tumble since July 2016.
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Macau snaps 29-month streak of year-on-year GGR growth
Macau’s Gaming Inspection and Coordination Bureau reported January GGR falling 5% year on year, the first year-on-year tumble since July 2016.
Philippine gaming regulator’s net income jumps 500% in 2018
The Philippine Amusement and Gaming Corporation (PAGCOR) reported net income of $604.41 million for 2018, an increase of over 500% year on year.
Wynn Palace lifts operator’s Q4 revenue
Wynn Resorts, Limited reported an operating revenue of $1.69 billion in the fourth quarter last year, 4.0% higher than the same period in the previous year.
Macau hotel guests increased 7.2% in 2018
The number of guests in hotels and guesthouses in Macau reached 14.11 million for 2018, 7.2% higher than the previous year.
Studio City Finance announces pricing for new notes
Studio City Finance, subsidiary of New York-listed Studio City, announced the pricing for its new notes maturing in 2024.
POGOs to continue driving Philippine property sector
Philippine Offshore Gaming Operators (POGOs) have propped up real estate in the country, and are expected to continue doing so.
Paradise City operators may launch Japan IR bid
Paradise Co. is considering extending its partnership with Sega Sammy to compete for an integrated resort (IR) license in Japan.
STDM majority shareholders urged to settle $255-M dividend dispute
Stanley Ho nephew Michael Hotung is asking STDM’s new controlling shareholders to pay $255 million in unpaid dividends.
