Tagged grant govertsen

Macau records improved February aggregated gross gaming revenues

March 1, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

Last month reportedly saw the over 30 casinos in Macau record a 4.4% increase year-on-year in aggregated gross gaming revenues to $3.13 billion thanks in large part to a 26.6% rise in the number of those who ha...

Nov. GGR for Macau gains 8.5 percent, tops expectations

K Morrison

December 3, 2018

Latest Casino and Gambling News, Casino News, Economy/Finance, Macau

In Macau, gross gambling revenue increased 8.5 percent for November, exceeding analysts' expectations with signs of a potential rally in the VIP sector. Asia Gaming Brief reports that according to figures fr...

Macau casino industry weathers Typhoon Mangkhut

Adam Morgan

October 1, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

Despite being shut for two days due to Typhoon Mangkhut, the over 30 casinos in Macau still reportedly managed to post a 2.8% increase year-on-year in aggregated gross gaming revenues for September to $2.72 bil...

Golden Dragon Group rebranding venues for possible casino move

Adam Morgan

August 14, 2018

Casino Sales, Latest Casino and Gambling News, Casino News, New Hotels, Macau

One of Macau’s richest businessmen, Chan Meng Kam, could be preparing to enter the process that is to select the former Portuguese enclave’s next set of licensed casino operators after rebranding a pair of his ...

Macau gross gaming revenues continue recovery in July

Adam Morgan

August 1, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

After recovering from a somewhat disappointing previous month to post June aggregated gross gaming revenues of approximately $2.78 billion, the over 30 casinos in Macau have now gone even better by recording a ...

Delta Corp Limited success highlights land-based possibilities

Adam Morgan

July 28, 2018

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, India

Indian gaming and hospitality operator Delta Corp Limited has reportedly released its second-quarter financial results showing an over 92.5% increase year-on-year in operational net profit to $6.06 million alon...

NagaCorp Limited records very positive first-half financial results

Adam Morgan

July 27, 2018

Cambodia, Casino News, Latest Casino and Gambling News, Economy/Finance

Asian casino operator, NagaCorp Limited, has reportedly released its financial results for the first half of 2018 showing that its net profit rose by 19.6% rise year-on-year to $180.1 million thanks to an assoc...

Suncity Group to open new junket service at NagaWorld

Adam Morgan

February 8, 2018

Latest Casino and Gambling News, Cambodia, Casino News, Mergers, Acquisitions & Partnerships

In Cambodia, prominent junket operator Suncity Group has reportedly announced that it intends to begin running a new VIP service for high-value clients inside the NagaWorld casino and entertainments complex fro...

Macau officials ready to inspect The 13

Adam Morgan

September 14, 2017

Latest Casino and Gambling News, New Hotels, Licenses, Macau

In Macau, a government official has reportedly declared that her office has now processed all of the necessary licensing paperwork regarding The 13 luxury hotel and is now waiting on the new scheme’s developer ...

Tigre De Cristal being hurt by lack of weekend room capacity

Adam Morgan

September 5, 2017

Latest Casino and Gambling News, Casino News, Casino expansion projects, Economy/Finance, Russia

In Russia, a lack of available rooms at weekends is reportedly harming business at Tigre De Cristal although the anticipated opening later in the year of nearby hotels without gambling may significantly help tr...

Macau’s monthly casino revenues rise despite storms

Adam Morgan

September 4, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

Despite suffering through Typhoon Hato and the comparably weaker tropical storm Pakhar, the over 30 casinos in Macau reportedly saw their aggregated gross gaming revenues for August increase by 20.4% year-on-ye...

Macau casino revival continues in June despite Xi Jinping visit

Adam Morgan

July 4, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, June reportedly saw aggregated gross gaming revenues rise for an eleventh consecutive month as the over 30 casinos in the city posted a 25.9% combined increase year-on-year to bring in just over $2.49...

NagaCorp Limited records improved first-quarter VIP rolling chip volumes

Adam Morgan

April 4, 2017

Cambodia, Latest Casino and Gambling News, Economy/Finance

Asian casino operator NagaCorp Limited has released its unaudited financial results for the first three months of 2017 showing that VIP rolling chip volumes had increased by 34% year-on-year to reach over $3.73...

Macau gross gaming revenues rise for an eighth consecutive month

Adam Morgan

April 3, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, March reportedly saw aggregated gross gaming revenues rise for an eighth consecutive month as the over 30 casinos in the city posted an 18.1% combined increase year-on-year to bring in just over $2.65...

Macau casino industry sees sixth straight month of revenue increases

Adam Morgan

February 1, 2017

Latest Casino and Gambling News, Casino News, Economy/Finance, Macau

In Macau, aggregated gross gaming revenues increased for a sixth consecutive month year-on-year in January although the 3.1% rise to $2.4 billion reportedly fell short of some analysts’ previous estimates by an...