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August’s AGE 2018 casino show already 76pct booked

The Australasian Gaming Expo (AGE) 2018 has already seen 76 percent of exhibitor space sold, said the event organiser in a Thursday release. The trade show – scheduled to take place on August 14 to 16 – will occupy a total of 19,000 square metres of exhibition space… Read more

European Union removes Macau from tax haven blacklist

Macau has been removed from a European Union blacklist which had previously named the Asian gaming hub as a tax avoidance haven. The EU announced in December a list of 17 nations it considered to be “non-cooperative taxation jurisdictions” based on three key factors – tax transparency, fair taxation and the implementation of anti-BEPS measures […]

Scientific Games expecting increased revenue, narrowed loss for 4Q17

International gaming giant Scientific Games Corporation says it expects a 9% year-on-year increase in consolidated revenue to between US$820 and US$825 million for the three months to 31 December 2017. The 4Q17 results would push Scientific Games’ full year revenue to between US$3.081 billion and US$3.086 billion – an increase of around 7% on 2016 […]

MGM Cotai gets 125 new gaming tables: Macau govt

The Macau government has authorised casino operator MGM China Holdings Ltd to operate a total of 100 new-to-market live dealer gaming tables on opening its HKD27-billion (US$3.46-billion) MGM Cotai. The scheme is due to open to the public on January 29… Read more

Landing seeks balanced revenue mix at Jeju Shinhwa World

Management at the Jeju Shinhwa World resort say they want a “50-50” balance of gaming to non-gaming revenue. Currently the recently-launched project doesn’t have a working casino, but hopes to have one soon, subject to approval from the authorities in Jeju, the semi-autonomous South Korean island that plays host to the scheme… Read more

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