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 monetary and liquidity tightening on various...
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 operations had been carried out across the region...
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 thematic elements of pan-Asian culture, strongly...
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 amends for a significant fall of 8 percent in VIP...
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 out to him the contradiction of 18 being old enough...
