Monthly Archives: January 2016

Watch out for Macau’s good news: JP Morgan

Date

January 29, 2016

Author

none

Source

Gross Gaming Revenue Asia

Region


Subject

Macau

URL

http://www.ggrasia.com/watch-out-for-macaus-good-news-jp-morgan/

Investor sentiment on Macau gaming is sometimes trailing behind what the latest market trends indicate, suggests a report from JP Morgan Securities. “Following a significant and prolonged earnings revision cycle over the past two years, market expectations have finally become reasonable, if not conservative, in our view,” said the report.

GEG to pay staff bonus

Date

January 29, 2016

Author

none

Source

Macau Business Daily

Region


Subject

Macau

URL

http://macaubusinessdaily.com/Gaming/GEG-pay-staff-bonus

Galaxy Entertainment Group (GEG) has issued an internal letter to its employees saying that a discretionary performance bonus will be paid on February 5. The amount will be decided based upon three factors; namely, general market performance, the company’s business, and the individual employee’s annual work performance appraisal rating. In addition, another special bonus of one month’s basic salary and guaranteed tips as of 1 July 2016, will be paid in July.

Bob Arum promotes bouts in HK, ‘where the people are’

Date

January 29, 2016

Author

none

Source

Macau Daily Times

Region


Subject

Hong Kong, Macau

URL

http://macaudailytimes.com.mo/boxing-bob-arum-promotes-bouts-in-hk-where-the-people-are.html

Boxing promoter Bob Arum was in Hong Kong to announce a three-fight deal with Rex Tso. The “Wonder Kid” fights promoted by Top Rank in the neighboring region should culminate with a chance at the world title in December. In recent years, he promoted a series of fights at the Venetian Macao’s Cotai Arena… there is not the same appetite for events there as in prior years,” he said.

General Secretary re-elected, a negative for gaming expansion; Union Gaming

Date

January 29, 2016

Author

none

Source

Asia Gaming Brief

Region


Subject

Vietnam

URL

http://agbrief.com/news/vietnam-re-elects-general-secretary-negative-gaming-expansion-union-gaming

Vietnam’s incumbent General Secretary, Nguyen Phu Trong has been reelected for another 5-year term, which will be a negative for locals IR gaming expansion, says Union Gaming. It was speculated that the Prime Minister, Nguyen Tan Dung would try to ascend to the country’s number one power position. Dung was believed to be likely to hasten the liberalization of IR-style gaming in Vietnam, unlike the current incumbent General Secretary.

PHL casino resorts bet on locals to drive growth

Date

January 29, 2016

Author

none

Source

Business World

Region


Subject

Philippines

URL

http://bworldonline.com/content.php?section=Corporate&title=phl-casino-resorts-bet-on-locals-to-drive-growth&id=122264

During the Hospitality Investment Conference Philippines in Makati City, Matt Hurst, executive vice-president for casino operations and marketing at Tiger Resort, Leisure and Entertainment, Inc., said that while the Chinese market remains an important part of the company’s business model, it is working to lure a wider range of customers to the soon-to-rise $2-billion Manila Bay Resorts.

Now, ride a chopper to Goa casinos, beaches, tourism hubs

Date

January 29, 2016

Author

Mayabhushan Nagvenkar

Source

IANS

Region


Subject

India

URL

https://en-maktoob.news.yahoo.com/now-ride-chopper-goa-casinos-beaches-tourism-hubs-090409626.html

Helicopters will soon ferry gamblers and well-heeled tourists from the Goan mainland to offshore casinos equipped with helipads, while also providing connectivity between the state capital and other tourism hubs and the airport… due to start heli-tourism services in Goa from January 31.

Mystery winner claims £33m Lotto jackpot

Date

January 29, 2016

Author

Nicola Harley/ Lexi Finnigan

Source

Daily Telegraph

Region


Subject

UK

URL

http://www.telegraph.co.uk/news/uknews/law-and-order/12127811/Camelot-receives-valid-claim-on-the-33m-Lotto-jackpot.html

The missing £33m Lotto jackpot has been claimed by a mystery person and it’s not the grandmother who put it in the washing machine. Camelot today said it had received a valid claim on the £33 million Lotto jackpot winning ticket bought in Worcester, adding that the ticket-holder wants to remain anonymous.