Macau December visitation drops 13.6% as Mainlanders avoid their government

Cory Roberts, CDC Gaming Asia

2020-01-21Official visitor numbers from the Macau Government Tourism Office (MGTO) show what one might assume from the largest drop in GGR in over three years – visitation to Macau, especially from Mainland China, showed double digit drops in December. Visit…… [Read More]

Macau gears up for Lunar New Year amid Wuhan pneumonia outbreak

Cory Roberts, CDC Gaming Asia

2020-01-21Just days from the Lunar New Year holiday, the growing threat of the novel coronavirus, also known as Wuhan pneumonia, could not have come at a worse time for China. The time period surrounding the Golden Week is the largest human migration event o…… [Read More]

Duterte says China has agreed not to interfere in Philippines POGO industry

Inside Asian Gaming

2020-01-16China has assured the Philippines that it will not interfere with the country’s offshore gaming industry despite having last year called for all Philippine Offshore Gaming Operators (POGOs) to be shut down. According to Philippines President Rodrig…… [Read More]

Wynn Resorts looks to replace workers with automatic drink makers in Massachusetts

Associated Press

2020-01-16Wynn Resorts is in the process of cutting costs at Encore Boston Harbor, the $2.6 billion casino that opened just six months ago but has so far fallen short of revenue projections, a company official said Thursday. Eric Kraus, the casino’s senior v…… [Read More]

Nevada regulators OK Icahn’s 17.55% stake in Caesars Entertainment

Howard Stutz, CDC Gaming Reports

2020-01-16The Nevada Gaming Control Board waived the appearance of Carl Icahn Wednesday in Carson City when regulators took up the corporate raider’s suitability to cover his 17.55% ownership stake in Caesars Entertainment. With his top two lieutenants testi…… [Read More]

Paradise Entertainment announces hiring of former Aruze Gaming America CEO with sights on US market

Cory Roberts, CDC Gaming Asia

2020-01-15Paradise Entertainment, a Hong Kong-listed electronic gaming equipment manufacturer which markets under the brand LT Game, has announced the appointment of Mr. Kelcey Allison as Senior Vice President to Paradise Entertainment’s US subsidiary. Allis…… [Read More]

Saipan: $456k seized from Imperial Pacific consultant

CDC Gaming Asia

2020-01-14The Internal Revenue Service issued a notice it has seized $456k from Alfred Yue, a consultant for Imperial Pacific, a Chinese investment holding company developing a casino on the United States overseas territory of Saipan. The notice was issued J…… [Read More]

Melco to continue VIP operations at Studio City throughout 2020

Cory Roberts, CDC Gaming Asia

2020-01-14On Tuesday, Melco announced the continuation of Studio City VIP operations for one year – an unexpected move after Melco announced one year prior that it would be discontinuing VIP operations at the Macau casino on January 15, 2020. The new agreemen…… [Read More]

Macau suspicious gambling transactions show sharp increase in Q4 but still drop in 2019

Cory Roberts, CDC Gaming Asia

2020-01-10According to statistics from the Financial Intelligence Office, the anti-money laundering watchdog of Macau, suspicious gambling transaction reports, or gambling STRs, sharply rose 33% in the last three months of 2019. In Q4 2018, there were 400 ga…… [Read More]

Tourism sector and residents split on proposed Macau tourism tax of up to US$25

CDC Gaming Asia

2020-01-10A feasibility study on a proposed tourist tax of up to US$25 shows a stark split between residents and the industry with 95% of residents supporting the measure but only 20% of tourism industry interviewees sharing the same viewpoint. The study, op…… [Read More]