“Headwinds in the Asian market are not reflective of the core strength of the Playtech model,” argued Alan Jackson, the group’s chairman, in response to a significant net profit drop for one of the gambling industry’s major suppliers.
Macau casinos continued their recovery by recording their 12th consecutive month of gains, with a 29.2% year-on-year gross revenue increase in July – the highest of the extended growth period.
Macau has rounded off the first half of 2017 with another strong performance, after reporting a 25.9% increase in gross gaming revenues for June.
Continued investment in Chinese football, coupled with rumours that the country’s sports lottery sector may soon open up to domestic soccer, will keep the market under the industry spotlight over the coming months.
TotallyGaming.com caught up with first time ICE exhibitor BBIN to find out what the company had to offer visitors to the show in February.
Junket operator Iao Kun maintain the closure of three rooms in Macau are the result of an internal strategic review as report shows hopes for mass market uplift are on hold.
Acknowledging the trends in the gambling enclave MGM China says it will focus on higher margin mass tables in its new property due to open next year