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Korean customers seen driving resurgence of Philippines VIP market
May 22, 2023 - The return of Chinese play may be taking longer than expected, but Philippines casinos are nevertheless seeing surprisingly positive results in the VIP segment – largely on the back of... Read more »
PAGCOR chief confident Philippines gaming industry will soon exceed pre-pandemic revenue levels
February 2, 2023 - PAGCOR Chairman and CEO Alejandro Tengco says he is hopeful the Philippines gaming industry will surpass pre-pandemic revenue levels in the near future. His comments follow the release of the... Read more »
Sands officials: No impact from China trade war as Macau drives company’s third quarter results
October 25, 2018 - Las Vegas Sands executives said Wednesday during the company’s third quarter conference call that they haven’t seen any fallout from the ongoing trade war and political tensions between the U.S.... Read more »
Could a mobster ghost live under Resorts World Las Vegas?
April 24, 2022 - Resorts World Las Vegas opened in June 2021. It was the first resort on the Strip in over 10 years. The $4.3 billion resort was built on the site of... Read more »
Flu Season and the Sugar Daddy
February 18, 2020 - An animal virus somehow jumped to humans in China in December. It has since spread across the world. As of February 13, the number of coronavirus cases was approaching 60,000... Read more »
GameOn: Analysts focusing on AGS future rather than current stock price
June 17, 2019 - THACKERVILLE, Oklahoma – AGS CEO David Lopez isn’t happy with the gaming equipment manufacturer’s stock price, which has declined roughly 28 percent in the last three months. Neither is the... Read more »
Trade war aside, competition stealing away Macau’s high-end gamblers
May 22, 2019 - It’s not just growing hostilities stemming from the trade war between the U.S. and China over tariffs that could further depress Macau’s gaming results. Competition from other Asian markets, including... Read more »
AGS CEO says company ‘is off to a good start’ in 2019
May 9, 2019 - Since its initial public offering 16 months ago, Wall Street has considered AGS one of the gaming industry’s up-and-coming slot machine providers. On Wednesday, AGS CEO David Lopez told analysts... Read more »
Pretax loss leads to wider fourth-quarter loss for PlayAGS, but revenue tops forecasts
March 6, 2019 - A pretax charge related to social gaming business sent PlayAGS to a wider fourth-quarter loss, missing Wall Street forecasts, but revenue rose to top them. In a statement issued Tuesday... Read more »
Beyond the Novelty: Casinos are making room for arcade-style game presentations in spaces once devoted to high-earning slot machines
February 28, 2019 - Last month, we looked at some of the unique slot games being launched this year that use game presentations outside of the traditional spinning-reel array. But there’s another style of... Read more »