Macau’s Gaming Inspection, and Coordination Bureau released its official figures for 4Q16 on Monday, citing year-on-year gross gaming revenue growth of 10 percent to MOP$60.4 billion on the back of strong VIP performance. But Union Gaming analyst Grant Govertsen says those figures are...
Best Sunshine CEO Mark Brown is set to vacate his current role to take up a position as Chairman of the Board. In a statement to local newspaper Marianis Variety over the weekend, Brown refuted suggestions that he had resigned as CEO of the company but confirmed his replacement, current Imperial...
The 17 Crown Resorts staff currently being detained in China could be waiting another 12 months before any charges are laid, according to Australia’s Department of Foreign Affairs (DFAT). It had been hoped that the staff, which includes the head of Crown Resorts’ international VIP...
Slower Chinese credit growth could limit the rate of Macau’s gaming recovery in 2017, according to Wells Fargo Securities. Despite seeing year-on-year revenues rise for each of the past five months following two years of consecutive decline, Wells Fargo Senior Analyst Cameron McKnight...
This year’s ICE Totally Gaming, already recognized as the world’s biggest annual gaming trade show, is also set to become the most reported on in gaming industry history. WGM will be one of a record 42 accredited media organizations and 130 journalists and publishers expected to attend ICE 2017...
