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Dubai Resorts Executive City of Dreams Changes Recruitment Floor
Tim Kelly, pictured, has been appointed as the new real estate president of Macau Casino Resort City of Dreams, said Lawrence Ho Yau Lung, chairman and chief executive of Melco Resorts & Entertainment Ltd., the venue's promoter, on Tuesday. The new executive most recently served as president of Atlantis Global, a major non-gaming tourism resort at Kerzner International in Dubai, United Arab Emirates. Kelly will begin work "around August 1," according to an internal memo from Melco Resorts, and will report to group president and executive director Evan Winkler. "Since joining in 2017, we ha
Joey Lim Donaco CEO Resigns As Director
Boutique Asia casino operator Donaco International said on Tuesday it had terminated the hiring of Joey Lim Geng You (file photo) "immediately". Lim, a descendant of the family that founded Malaysian casino giant Genting, has been on sick leave since Dec. 6 from his position as managing director and CEO of Donaco. Lim and his brother, Ben Lim Kyung-hoe, non-executive director of Donaco, held a 41.13 percent stake in Donaco as of the day, according to the company's fiscal year report filed in October. In early March, the company told the Australian Stock Exchange that shares worth a 27.25% s
Summit Ascension Major Shareholder Sells Chairman Mull's Stake
Hong Kong-listed Summit Ascent Holdings Inc said on Tuesday that its main shareholders First Steamship Inc. and Summit Ascent Chairman Guo Jianhao were considering selling their stake in the company. Summit Ascension is a leading developer of the Tigred Crystal Casino Resort (pictured) in Russia's Far East. The company said in a filing with the Hong Kong Stock Exchange that potential sellers were "approached by a third party" to acquire the full share of Summit Ascent. "Potential sellers are considering an offer to buy shares, but no decision has been reached," Summit Ascent said. "We will
Broker cuts Macau 2H mass GGR 3pct to bad macro
One brokerage cut Macau's second-half volume gaming revenue (GGR) forecast by "3% to 4%" to 113% in the same period in pre-COVID trading, meaning it will be somewhat flat compared to the first half of this year. JPMorgan Securities (Asia-Pacific) said its update was set in an "incredibly underperforming macro," which is understood to be referring to an adjustment in consumer demand for key Macau tourists and gamblers. Securities analysts DS Kim, Mufan Shi and Selina Li also wrote of Sands China Ltd, a Macau operator that reported second-quarter earnings with its parent Las Vegas Sands on Wed
NYC Casino Bidders Woo Locals with Free Buffet
Caesars Entertainment, Roc Nation, and SL Green are upping their efforts of wooing New Yorkers and gain support for their Times Square casino bid in Manhattan, NYC. On Monday, the consortium hosted a free eight-hour lunch and dinner buffet. The only thing in return for the free meals was to diners to hear about the benefits of its integrated casino resort project. For the project, SL Green will lend its 1515 Broadway skyscraper for the plan, if the group manages to acquire one of the three full-scale casino licenses in the downstate region. But in order for the consortium to make it, its bid
New Holiday Inn hotel launch delayed for Grand Hothram
The opening of the newly built Hotel Holiday Inn Resort Ho Tram Beach (pictured) on the site of the Grand Ho Tram Streep Casino in Vietnam has now been postponed to a "tentative" date of July 16, the complex operator told GGRAsia. The holiday-in-branded 502-room new accommodation, owned by InterContinental Hotels Group PLC (IHG), was previously scheduled to open in "end-June." The new timing is due to "the COVID-19 situation in Vietnam," the operator of Grand Ho Tram Streep said, without elaborating further. Over the past week, more than "3,000" new cases of COVID-19 have been added across t
Macau Casino's Quality of Service Increases
The quality of service in the Macau gaming industry, which shows the latest edition of the Macau Gaming Services Index, increased in the second quarter of this year. The index's numbers for the second quarter rose to 1.95 points from 1.83 points a year earlier on a measure considered to be the worst service and 3.5 the highest. The index is compiled by the Macau Game Research Society and conducted by SGS Hong Kong Limited. Secret surveyors rated employees at 11 casinos as "smiling," "active" and "patient." Compared with the results of the first survey, the micro index fell, while the prophy
Cascade Casino North Bay Opens In Full-fledged
Cascade Casino North Bay is already beating expectations in the region, despite operating for more than a month. According to the game center's management, the new property has received some major support from customers who appear to be enjoying premium amenities. This week, the casino was visited by OLG officials and other delegations for the grand opening. The gaming facility Pinewood Park Drive was soft-opened on March 9, 2022, and the slot machine has since maintained its full capacity. The property is operated by Gateway Casino & Entertainment and was originally planned to open in early
Expand the GLI Australian Business
Gaming Laboratories International LLC (Gaming Laboratories International LLC) said it is expanding its operations in Australia in terms of employees and service customers. Gaming Testing Laboratory and technical consulting firm added 18 new employees to its three Australian labs in the past six months, it said in a statement. "Regional jurisdictions are increasingly aware that both players and government regulators have high expectations for player fairness (game integrity), and that the GLI strives to meet these expectations through due diligence," GLI Chief Operating Officer Esp de Robillar
My blogs
Dubai Resorts Executive City of Dreams Changes Recruitment Floor
Tim Kelly, pictured, has been appointed as the new real estate president of Macau Casino Resort City of Dreams, said Lawrence Ho Yau Lung, chairman and chief executive of Melco Resorts & Entertainment Ltd., the venue's promoter, on Tuesday. The new executive most recently served as president of Atlantis Global, a major non-gaming tourism resort at Kerzner International in Dubai, United Arab Emirates. Kelly will begin work "around August 1," according to an internal memo from Melco Resorts, and will report to group president and executive director Evan Winkler. "Since joining in 2017, we ha
Joey Lim Donaco CEO Resigns As Director
Boutique Asia casino operator Donaco International said on Tuesday it had terminated the hiring of Joey Lim Geng You (file photo) "immediately". Lim, a descendant of the family that founded Malaysian casino giant Genting, has been on sick leave since Dec. 6 from his position as managing director and CEO of Donaco. Lim and his brother, Ben Lim Kyung-hoe, non-executive director of Donaco, held a 41.13 percent stake in Donaco as of the day, according to the company's fiscal year report filed in October. In early March, the company told the Australian Stock Exchange that shares worth a 27.25% s
Summit Ascension Major Shareholder Sells Chairman Mull's Stake
Hong Kong-listed Summit Ascent Holdings Inc said on Tuesday that its main shareholders First Steamship Inc. and Summit Ascent Chairman Guo Jianhao were considering selling their stake in the company. Summit Ascension is a leading developer of the Tigred Crystal Casino Resort (pictured) in Russia's Far East. The company said in a filing with the Hong Kong Stock Exchange that potential sellers were "approached by a third party" to acquire the full share of Summit Ascent. "Potential sellers are considering an offer to buy shares, but no decision has been reached," Summit Ascent said. "We will
Broker cuts Macau 2H mass GGR 3pct to bad macro
One brokerage cut Macau's second-half volume gaming revenue (GGR) forecast by "3% to 4%" to 113% in the same period in pre-COVID trading, meaning it will be somewhat flat compared to the first half of this year. JPMorgan Securities (Asia-Pacific) said its update was set in an "incredibly underperforming macro," which is understood to be referring to an adjustment in consumer demand for key Macau tourists and gamblers. Securities analysts DS Kim, Mufan Shi and Selina Li also wrote of Sands China Ltd, a Macau operator that reported second-quarter earnings with its parent Las Vegas Sands on Wed
NYC Casino Bidders Woo Locals with Free Buffet
Caesars Entertainment, Roc Nation, and SL Green are upping their efforts of wooing New Yorkers and gain support for their Times Square casino bid in Manhattan, NYC. On Monday, the consortium hosted a free eight-hour lunch and dinner buffet. The only thing in return for the free meals was to diners to hear about the benefits of its integrated casino resort project. For the project, SL Green will lend its 1515 Broadway skyscraper for the plan, if the group manages to acquire one of the three full-scale casino licenses in the downstate region. But in order for the consortium to make it, its bid
New Holiday Inn hotel launch delayed for Grand Hothram
The opening of the newly built Hotel Holiday Inn Resort Ho Tram Beach (pictured) on the site of the Grand Ho Tram Streep Casino in Vietnam has now been postponed to a "tentative" date of July 16, the complex operator told GGRAsia. The holiday-in-branded 502-room new accommodation, owned by InterContinental Hotels Group PLC (IHG), was previously scheduled to open in "end-June." The new timing is due to "the COVID-19 situation in Vietnam," the operator of Grand Ho Tram Streep said, without elaborating further. Over the past week, more than "3,000" new cases of COVID-19 have been added across t
Macau Casino's Quality of Service Increases
The quality of service in the Macau gaming industry, which shows the latest edition of the Macau Gaming Services Index, increased in the second quarter of this year. The index's numbers for the second quarter rose to 1.95 points from 1.83 points a year earlier on a measure considered to be the worst service and 3.5 the highest. The index is compiled by the Macau Game Research Society and conducted by SGS Hong Kong Limited. Secret surveyors rated employees at 11 casinos as "smiling," "active" and "patient." Compared with the results of the first survey, the micro index fell, while the prophy
Cascade Casino North Bay Opens In Full-fledged
Cascade Casino North Bay is already beating expectations in the region, despite operating for more than a month. According to the game center's management, the new property has received some major support from customers who appear to be enjoying premium amenities. This week, the casino was visited by OLG officials and other delegations for the grand opening. The gaming facility Pinewood Park Drive was soft-opened on March 9, 2022, and the slot machine has since maintained its full capacity. The property is operated by Gateway Casino & Entertainment and was originally planned to open in early
Expand the GLI Australian Business
Gaming Laboratories International LLC (Gaming Laboratories International LLC) said it is expanding its operations in Australia in terms of employees and service customers. Gaming Testing Laboratory and technical consulting firm added 18 new employees to its three Australian labs in the past six months, it said in a statement. "Regional jurisdictions are increasingly aware that both players and government regulators have high expectations for player fairness (game integrity), and that the GLI strives to meet these expectations through due diligence," GLI Chief Operating Officer Esp de Robillar
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