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Brokerage Says Genting Malaysia Unlikely to Win 10-Year Macau Gaming License

Brokerage Says Genting Malaysia Unlikely to Win 10-Year Macau Gaming License

David Walker September 20, 2022

Summary Sanford Bernstein does not expect GMM Ltd to be successful in its bid for a 10-year Macau concession The company could instead position itself as a potential rescuer for financially-challenged incumbents GMM Ltd is an indirect subsidiary of casino operator Genting Malaysia The bidding ...

Brokerage Says Genting Malaysia Unlikely to Win 10-Year Macau Gaming License

David WalkerSeptember 20, 2022

Brokerage Says Genting Malaysia Unlikely to Win 10-Year Macau Gaming License

All Six Macau Casino Concessionaires Submit Applications for Tenders Before Deadline

All Six Macau Casino Concessionaires Submit Applications for Tenders Before Deadline

Paul Butcher September 16, 2022

Summary All 6 Macau gaming concessionaires apply for license ...

All Six Macau Casino Concessionaires Submit Applications for Tenders Before Deadline

Paul ButcherSeptember 16, 2022

All Six Macau Casino Concessionaires Submit Applications for Tenders Before Deadline

Australia’s PM Declines Calls for National Casino Inquiry and National Regulator

Australia’s PM Declines Calls for National Casino Inquiry and National Regulator

David Walker September 15, 2022

Summary Australian Prime Minister Anthony Albanese is against the ...

Australia’s PM Declines Calls for National Casino Inquiry and National Regulator

David WalkerSeptember 15, 2022

Australia’s PM Declines Calls for National Casino Inquiry and National Regulator

Hard Rock Casino Northern Indiana Remains Top Revenue Earner

Hard Rock Casino Northern Indiana Remains Top Revenue Earner

Doug Ramirez September 14, 2022

Summary The 16 month old casino earned $32.7 million last month. ...

Hard Rock Casino Northern Indiana Remains Top Revenue Earner

Doug RamirezSeptember 14, 2022

Hard Rock Casino Northern Indiana Remains Top Revenue Earner

AFP Arrest Suspects Who Laundered $4.7M through Pokies Venue

AFP Arrest Suspects Who Laundered $4.7M through Pokies Venue

David Walker September 8, 2022

Summary Three people arrested for running scam on a pokies venue ...

AFP Arrest Suspects Who Laundered $4.7M through Pokies Venue

David WalkerSeptember 8, 2022

AFP Arrest Suspects Who Laundered $4.7M through Pokies Venue

Headlines

Cambodia Casino Industry Shrinks After License Renewals Drop To Just 143 in 2022

July 15, 2022 Paul Butcher

Cambodia Casino Industry Shrinks After License Renewals Drop To Just 143 in 2022

Universal Entertainment Takes Legal Battle vs. Kazuo Okada to Hong Kong

July 14, 2022 Carolyn Dutton

Universal Entertainment Takes Legal Battle vs. Kazuo Okada to Hong Kong

Aquis Ent. Sells Casino Canberra to Sydney-Based Capital Leisure For $58.2M

July 7, 2022 David Walker

Aquis Ent. Sells Casino Canberra to Sydney-Based Capital Leisure For $58.2M

Galaxy Gaming Set To Focus On iGaming Market With New Launch

July 6, 2022 Carolyn Dutton

Galaxy Gaming Set To Focus On iGaming Market With New Launch

U.S iGaming Survey Shows Players Avoid Sites With Payment Processing Issues

June 29, 2022 Paul Butcher

U.S iGaming Survey Shows Players Avoid Sites With Payment Processing Issues

PAGCOR Responds to Report on Uncollected Taxes From Offshore Gaming Operators

June 28, 2022 Carolyn Dutton

PAGCOR Responds to Report on Uncollected Taxes From Offshore Gaming Operators

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Latest Industry News

Casino Suppliers Reportedly Pulling Out of Macau as COVID-19 Restrictions Continue

September 7, 2022 Paul Butcher

Casino Suppliers Reportedly Pulling Out of Macau as COVID-19 Restrictions Continue

VGCCC Launches Third Disciplinary Action against Crown Melbourne

September 2, 2022 David Walker

VGCCC Launches Third Disciplinary Action against Crown Melbourne

Experts Want OLGR To Be Included In Star Entertainment Investigation

August 30, 2022 Carolyn Dutton

Experts Want OLGR To Be Included In Star Entertainment Investigation

Gaming Innovation Group Signs Partnership With New Casino Luckiest.com

August 26, 2022 Carolyn Dutton

Gaming Innovation Group Signs Partnership With New Casino Luckiest.com

MGM Resorts Expresses Confidence in Japan’s Gaming Potential

August 25, 2022 David Walker

MGM Resorts Expresses Confidence in Japan’s Gaming Potential

Macau’s Low Visitor Numbers Factor in Decline Of Gaming-Related Crime

August 24, 2022 David Walker

Macau’s Low Visitor Numbers Factor in Decline Of Gaming-Related Crime

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Latest Legislation News

VGCCC Launches Third Disciplinary Action against Crown Melbourne

September 2, 2022 David Walker

VGCCC Launches Third Disciplinary Action against Crown Melbourne

NJ’s Revised PILOT Law Granting Casinos Tax Breaks Ruled Unconstitutional

September 1, 2022 Carolyn Dutton

NJ’s Revised PILOT Law Granting Casinos Tax Breaks Ruled Unconstitutional

Experts Want OLGR To Be Included In Star Entertainment Investigation

August 30, 2022 Carolyn Dutton

Experts Want OLGR To Be Included In Star Entertainment Investigation

MGM Resorts Expresses Confidence in Japan’s Gaming Potential

August 25, 2022 David Walker

MGM Resorts Expresses Confidence in Japan’s Gaming Potential

Veikkaus Implements New Time Restrictions on Slot Machines From Sep 1

August 19, 2022 Carolyn Dutton

Veikkaus Implements New Time Restrictions on Slot Machines From Sep 1

China Issues Warning And Asks Cross-Border Gambling Suspects To Surrender Quickly

August 18, 2022 Carolyn Dutton

China Issues Warning And Asks Cross-Border Gambling Suspects To Surrender Quickly

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Latest Australia News

VGCCC Launches Third Disciplinary Action against Crown Melbourne

September 2, 2022 David Walker

VGCCC Launches Third Disciplinary Action against Crown Melbourne

Experts Want OLGR To Be Included In Star Entertainment Investigation

August 30, 2022 Carolyn Dutton

Experts Want OLGR To Be Included In Star Entertainment Investigation

NSW’s Cashless Gaming Initiative to Enter 12 Week Trial Stage In August 2022

July 19, 2022 David Walker

NSW’s Cashless Gaming Initiative to Enter 12 Week Trial Stage In August 2022

Aquis Ent. Sells Casino Canberra to Sydney-Based Capital Leisure For $58.2M

July 7, 2022 David Walker

Aquis Ent. Sells Casino Canberra to Sydney-Based Capital Leisure For $58.2M

Crown Sydney Gets Conditional License Approval From NSW Regulator

June 23, 2022 David Walker

Crown Sydney Gets Conditional License Approval From NSW Regulator

Star Entertainment’s Queensland Casino Under Threat Over Shortcomings

June 15, 2022 David Walker

Star Entertainment’s Queensland Casino Under Threat Over Shortcomings

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Latest UK News

LeoVegas Faces £1.2m Fine Over Social Responsibility and AML Failings In The UK

August 4, 2022 Carolyn Dutton

LeoVegas Faces £1.2m Fine Over Social Responsibility and AML Failings In The UK

LeoVegas Board Accepts $607M Takeover Offer from MGM Resorts

May 3, 2022 Carolyn Dutton

LeoVegas Board Accepts $607M Takeover Offer from MGM Resorts

UKGC Slaps 888 with £9.4m Fine for Failing to Conduct Affordability Checks

March 3, 2022 Carolyn Dutton

UKGC Slaps 888 with £9.4m Fine for Failing to Conduct Affordability Checks

Playtech Shareholders Vote Against $2.84bn Takeover By Aristocrat

February 3, 2022 Carolyn Dutton

Playtech Shareholders Vote Against $2.84bn Takeover By Aristocrat

LeoVegas To Assign Specific Deposit Limits To All UK Players Going Forward

November 8, 2021 Paul Butcher

LeoVegas To Assign Specific Deposit Limits To All UK Players Going Forward

Crown London Aspinalls Loses Racial Discrimination Case Against Former Croupier

November 3, 2021 Carolyn Dutton

Crown London Aspinalls Loses Racial Discrimination Case Against Former Croupier

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Latest USA News

NJ’s Revised PILOT Law Granting Casinos Tax Breaks Ruled Unconstitutional

September 1, 2022 Carolyn Dutton

NJ’s Revised PILOT Law Granting Casinos Tax Breaks Ruled Unconstitutional

U.S iGaming Survey Shows Players Avoid Sites With Payment Processing Issues

June 29, 2022 Paul Butcher

U.S iGaming Survey Shows Players Avoid Sites With Payment Processing Issues

Mohegan Tribe Connecticut Teams Up With Yale for New Problem Gambling Initiative

May 26, 2022 Paul Butcher

Mohegan Tribe Connecticut Teams Up With Yale for New Problem Gambling Initiative

MGM Resorts Shells Out $1.625bn To Run Operations For The Cosmopolitan

May 19, 2022 Paul Butcher

MGM Resorts Shells Out $1.625bn To Run Operations For The Cosmopolitan

Flamingo Online Casino Ordered to Stop Selling NFTs Over Fraud Allegations

May 13, 2022 Carolyn Dutton

Flamingo Online Casino Ordered to Stop Selling NFTs Over Fraud Allegations

Chicago Mayor Selects Bally’s Casino Plan; What Happens Next?

May 6, 2022 Doug Ramirez

Chicago Mayor Selects Bally’s Casino Plan; What Happens Next?

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