Galaxy can expect to see its EBITDA rise 11 percent higher than consensus in 2017, according to a Macau gaming report from Morgan Stanley. Noting results from the group’s most recent trip to Macau with investors, the report indicated that Galaxy...
![[b]Galaxy Phase II now stands proudly between the east and west towers of Phase I[/b]](https://wgm8.com/wp-content/uploads/2015/06/images_wgm_1036_macaus-new-beginning-1-375x195.jpg)
Author - Ben Blaschke
Crown Resorts cut 200 Perth jobs
New Crown Resorts Executive Chairman John Alexander promised last week that spending cuts were part of his immediate plans and it hasn’t taken long for those cuts to bite with reports that 200 Crown Perth staff have already been given their...
Tak Chun celebrates 10th anniversary
Leading Macau VIP operator Tak Chun Group has held its 10-year anniversary spring gala dinner, welcoming over 200 tables including shareholders and major parties to the celebration at The Venetian Macao. Among the attendees were various Hong Kong...
Japanese party pushes Osaka casino cause
Japanese opposition party Nippon Ishin no Kai is hoping to push Osaka’s case as home to one of the nation’s integrated resort licenses by pushing through new legislation to deal with problem gamblers. According to The Japan Times, the...
Test your fate with Omaha 8
Last week we looked at Pot Limit Omaha and some common mistakes many players make – particularly those who have recently transitioned from No Limit Hold’em. Today we’re going to look at a popular variant of Omaha known as “Omaha...
PokerStars confirms intent to withdraw from Australia
The world’s dominant online poker site, PokerStars, has confirmed its intent to withdraw its services from the Australian market should legislation banning unlicensed online gambling sites be passed in the coming weeks. In a letter sent to its...
The 13 completes investment transfer
The 13 Holdings Limited has announced that convertible bonds with a principal value of HK$1,752,542,350 and convertible into 338,628,459 shares have been transferred from Ontario Teachers’ Pension Plan Board (OTPP) to a related party of...
Craig Billings appointed Wynn Resorts CFO
Wynn Resorts has announced the appointment of Craig Billings to the executive team as Chief Financial Officer. Mr Billings is a highly respected veteran of both the gaming and banking industries, and brings extensive experience in business...
Crown VIP suffers huge hit
Crown Resorts has paid a heavy price for the arrests of 18 employees in China last October, with VIP revenue for the six months to 31 December 2016 down a whopping 45.3 percent across its Australian Resorts. In an earnings announcement early...
ICE 2017 confirms record 30,000 visitation
First official figures from this year’s ICE Totally Gaming in London show that the world’s number one gaming trade exhibition broke through the 30,000 barrier for the first time with an attendance of 30,213. Pending verification by...
Koray Aldemir wins Manila’s Triton Super High Roller
Germany’s Koray Aldemir has won the HK$1 million buy-in 2017 Triton Super High Roller Series Main Event, outlasting some of the world’s best high stakes poker pros to pocket the HK$10 million first prize. Held at Poker King Club (PKC) at...
Betting scandal costs pie-eating goalkeeper
The reserve goalkeeper for English National League football side Sutton has been sacked after it was revealed the Gambling Commission had launched an investigation into him eating a pie during Monday’s fifth-round FA Cup loss to Arsenal. Wayne...
Ainsworth profits fall 38 percent
Australian slot machine developer Ainsworth Game Technology has cited regulatory delays and local competition as the reason for a half-year profit slump of 38 percent through the six months to 31 December. Ainsworth this week announced that it had...
Aristocrat appoint Matt Wilson Managing Director of the Americas
Aristocrat has announced the appointment of Matt Wilson as Managing Director of the Americas, the latest in a series of management changes sweeping through the company in recent months. Wilson, who was recently named one of the Top 40 business...
Australian alliance fighting to save online poker
A campaign to save the online poker industry in Australia from proposed legislation aimed at driving away illegal offshore operators is picking up pace following a series of meetings with key politicians last week. The Australian Online Poker...
Report: Reduced Chinese liquidity to hit VIP gaming
Macau’s VIP Gaming industry is likely to suffer a significant slowdown in growth through 2017 as China tightens its monetary policies and reduces liquidity. So says a report from brokerage Sanford C Bernstein looking at the potential impact of...
Macau film makers gain international exposure
The Macau film industry’s “generation next” has been granted a rare opportunity to show their skills to the world with a short film produced by 12 local participants screened at last week’s prestigious British Film Institute...
Philippine authorities arrest 232 for gambling
Police arrested 232 people in the Philippines’ Bicol Region between February 3 to 18 as President Rodrigo Duterte continues his crackdown on illegal gambling operations. Senior Inspector Maria Luisa Calubaquib said yesterday that a number of...
Betsoft releases Asian-themed Fa Fa Twins
iGaming software provider Betsoft Gaming has announced the launch of a new Asian-inspired online slot machine called Fa Fa Twins. The latest addition to the company’s Slots3 collection of true 3D video slots, Fa Fa Twins is inspired by...
Staying alert
Poker tournaments can be long and arduous affairs. Particularly when playing live, it’s not easy to maintain your focus for eight, 10 or even 12-plus hours at a time. But there are great rewards to be gained from paying attention to...
Short term tough, long term strong for MGM: analysts
The outlook for MGM Resorts, both locally and internationally, remains strong despite last week’s disappointing earnings announcement. MGM China’s revenue for Q4 2016 came in at HK$3.88 billion on the back of strong VIP hold, which made...
Nevada to ponder lowering gambling age
Nevada will consider lowering the state’s legal gambling age from 21 to 18 following the unexpected introduction of a new bill earlier this month. Assembly Bill 86 was introduced by Assemblyman Jim Wheeler after a US veteran recently pointed...
Hong Kong’s Alan Lau wins record Macau Poker Cup
Hong Kong’s Alan Lau has won the 26th Macau Poker Cup at PokerStars LIVE at City of Dreams, slaying a record field of 1,216 to pocket a HK$3,265,000 top prize. Ending an eight-year drought for Hong Kong players in the prestigious event, which...
Common mistakes in PLO
No doubt everyone reading this column has at least heard of Pot Limit Omaha, if not had a dabble here and there to see what all the fuss is about. It’s a hugely entertaining variant where the action is fast and chips fly faster than a Dutch...
Trump travel ban could hurt Las Vegas tourism
President Donald Trump’s controversial travel ban could hurt international tourism to Las Vegas, according to key city officials. Speaking at this week’s Routes Americas 2017 conference at Aria, Chief Marketing Officer for McCarran...
China to become No 1 Cambodian tourist source
China is set to overtake Vietnam as the number one source of tourists to Cambodia in the near future, according to the Cambodia Association of Travel Agents (CATA). Figures released last week showed total tourist arrivals to Cambodia fell by three...
Star claims record profit despite VIP revenue fall
Australia’s Star Entertainment Group has posted record profit for the six months through 31 December 2016, despite VIP turnover suffering a heavy hit due to the arrests of 18 staff from rival operator Crown Resorts in China in October. VIP...
Korean man made son pray for racing results
A Korean man has been jailed four-and-a-half years and ordered to attend an anti-child abuse program after assaulting his teenage son for failing to correctly pick the winners of horse races through prayer. As reported in The Korea Times, the man...
Brother of North Korea leader killed on way to Macau
The half-brother of North Korean leader Kim Jong-un has been killed in an apparent assassination at Kuala Lumpur International Airport while waiting for a plane to Macau. Kim Jong-nam, who fled North Korea in 2011 after being overlooked for the...
Nolimit city enters Asia via QTech deal
Online casino platform and game developer Nolimit city has entered the Asian market for the first time via a deal to provide content distributor QTech Games with its high definition slots. The deal will see QTech’s partners gain access to...