Tuesday 22 August 2023

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On the Run by Andrew W Scott, the IAG CEO Vlog

by Newsdesk

Thu 8 Jun 2023 at 16:02

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial: Travel troubles

by Ben Blaschke

Wed 2 Aug 2023 at 06:17

For many of us, the resumption of travel post-COVID has by now well and truly returned to normal, with pandemic-restricted...

Wagering wars

by Ben Blaschke

Wed 2 Aug 2023 at 05:52

Australia’s sports betting market has never been more competitive, yet it finds itself facing myriad challenges as operators clamber for...

Mediterranean Dream

by Andrew W Scott

Wed 2 Aug 2023 at 05:33

IAG speaks with Grant Johnson, Senior Vice President and Property General Manager of Melco Resorts’ newly opened City of Dreams...

Revitalized

by Pierce Chan

Wed 2 Aug 2023 at 04:55

Macau’s concessionaires have submitted plans to the government for the revitalization of six older areas of the SAR, but more...

Macau GGR down 62% year-on-year to MOP$2.48 billion in June

JP Morgan: Macau mass GGR to hit 100% of pre-COVID levels in October Golden Week

by Ben Blaschke

Tue 22 Aug 2023 at 06:37

Macau’s mass gaming revenues are expected to return to 100% of pre-COVID levels during the upcoming 1 October Golden Week as growth continues through the first weeks of August, according to investment bank JP Morgan. In a Monday note detailing...

MACAU 3.0: Concession contracts signed and investment plans revealed sees renewed optimism for the decade ahead

Number of full-time employees in Macau’s gaming industry down by 1,899 year-on-year in Q2

by Pierce Chan

Tue 22 Aug 2023 at 06:32

The number of full-time employees working in Macau’s gaming industry during the second quarter of 2023 fell by 1,899 year-on-year to 51,693, according to data from the Statistics and Census Service. However, the average monthly salary for gaming industry employees...

SJM still carrying 2,150 excess staff following satellite casino closures, costing US$22 million per quarter in “redundant payroll”

by Ben Blaschke

Tue 22 Aug 2023 at 06:02

Macau’s SJM Holdings is still carrying 2,150 excess staff following the closure last year of five satellite casinos previously operating under its license, costing the company around HK$169 million (US$21.6 million) in “redundant payroll” as of the June 2023 quarter....

McFadden cites “mandate for change” in new SJM role

Mass gaming leads SJM Holdings to 241% year-on-year increase in GGR to US$722 million

by Ben Blaschke

Tue 22 Aug 2023 at 05:30

Macau concessionaire SJM Holdings reported gross gaming revenues of HK$5.66 billion (US$722 million) in the three months to 30 June 2023, up 241% year-on-year and 35% higher than the March quarter. However, gaming revenues were still at just 56% of...

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On the Run by Andrew W Scott, the IAG CEO Vlog

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