Location: Asia
China sets this year’s GDP growth target at 4.5% to 5%
China’s 4th session of the 14th CPPCC National Committee was held in Beijing on Thursday, during which the country announced that its GDP... more
Lee Choong Yan stepping down as Genting Malaysia President and Executive Director
Genting Malaysia has announced the retirement of long-time executive and current President Lee Choong Yan, who has been redesignated as a... more
Analysts expect post-CNY flowthrough to help push March GGR to better than 10% growth
Following a strong finish to February on the back of a post-Chinese New Year tailwind, which helped gross gaming revenues rise 4.5%... more
Building in the UAE, Wynn and MGM are on alert after Iran strikes in Dubai
Officials from Wynn Resorts and MGM Resorts International have been closely watching the conflict unfolding in the Middle East after it... more
Carnival Cruise Line launches fleetwide linked lottery
Carnival Cruise Line has launched a new fleetwide interactive lottery that links all ships and provides eligible guests the chance to win... more
Macau GGR up 4.5% year-on-year to US$2.56 billion in February
Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ), reported industry-wide gross gaming revenue of MOP$20.6... more
Premium mass and super-premium mass propel Galaxy Entertainment Group’s fourth-quarter GGR to US$1.79 billion
Macau’s Galaxy Entertainment Group (GEG) reported a 22% year-on-year and 14% quarter-on-quarter increase in net revenue to HK$13.8 billion... more
S&P Global: Genting could be forced to further support U.S. subsidiary Empire given refinancing risk
S&P Global Ratings has downgraded the secured debt of New York’s Empire Resorts from “B+” to “B” with a negative outlook amid concerns... more
‘Stolen data has been deleted’: Wynn Resorts releases statement on cyberattack
Representatives of Wynn Resorts Ltd. have acknowledged the data breach from its computer system first reported Friday, but have not said... more
JP Morgan: Chinese New Year “tail demand” to determine whether February considered a success for Macau’s concessionaires
Investment bank JP Morgan said in a Monday note that Macau’s gross gaming revenues for the first 22 days of February are estimated to have... more