China
China
“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
The mix of domestic, Las Vegas Strip and Macau properties proves a winner for MGM Resorts International as REIT separation pays off.
Clarion Gaming and Racing Post agree strategic partnership as ICE North America beckons
February 12, 2019
Nevada breaks sports betting record in 2018
February 1, 2019
Paddy Power Betfair takes majority stake in Adjarabet
February 1, 2019
Rhode Island sports handle hits $13m in first full month
January 30, 2019
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