Tag Archives: 上海桑拿TX

Sheldon Adelson tops IAGs 2018 Asian Gaming Power 50 list

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first_imgMr Adelson retained top spot despite Galaxy Entertainment Group Deputy Chairman Francis Lui closing the gap significantly by way of the ranking system used by IAG to determine final positions. Mr Lui maintained second spot ahead of Melco Resorts Chairman and CEO Lawrence Ho at number three.Sands China boasts three executives inside the top 10 in 2018, with Dr Wilfred Wong sitting at number seven and Rob Goldstein one place back in eighth.MGM China Co-Chairperson and Executive Director Pansy Ho moved back into the Top 10 in 10th spot following the February launch of MGM Cotai.Among the other major movers in 2018 were Suncity Group boss Alvin Chau, up from number seven to number five; NagaCorp owner Dr Chen Lip Keong rising from number 18 to 14; Star Entertainment Group’s Managing Director and CEO Matt Bekier up five places to number 15; and Wynn Macau Vice-Chairman, Chief Operating Officer and Executive Director Linda Chen moving from 34 to 18 on the back of major management changes in 2018.Notables to fall out of the Asian Gaming Power 50 list completely in 2018 include Wynn Resorts co-founder Steve Wynn and Crown Resorts majority shareholder James Packer.First published by IAG in 2008, the Asian Gaming Power 50 has become renowned as the definitive guide to the most influential people in the Asian gaming industry over the preceding 12 months. However, this year represented the first time IAG has celebrated the Asian Gaming Power 50 with a black tie gala dinner.Over the course of three-and-a-half hours, guests were treated to a cocktail reception before enjoying a fine five-course meal, lively entertainment and the company of many industry peers and influencers.Melco Resorts and Entertainment was Title Sponsor of the Asian Gaming Power 50 Gala dinner, with Macau-based Lotus TV Main Supporting Partner.Scientific Games and Aristocrat were Platinum Sponsors of the event, which was also supported by Alphaslot, Aruze Gaming, EvolutionHR, Galaxy Entertainment Group, IGT, Meg-Star Group, Sands China Ltd and Wynn Macau.Beverage Sponsors included ASC Fine Wines, Macau Beer, Moët & Chandon, Omtis Fine Wines and Watson’s Wine Wholesale.The night was emceed by Hong Kong duo Yamilette M. Cano and Jose Chan Rodrigues. RelatedPosts Strong VIP growth sees Okada Manila GGR climb 72% in August New Chief Executive vows to protect Macau’s gaming and tourism industry from harm Lack of premium mass strategy begs questions of SJM’s Grand Lisboa Palace launch: analysts Sheldon Adelson, the Chairman and CEO of Las Vegas Sands and Sands China, has topped the Asian Gaming Power 50 – an annual ranking of the most influential individuals in the Asian gaming industry – for the sixth consecutive year in 2018, Inside Asian Gaming (IAG) has announced.The 2018 rankings were unveiled at the inaugural Asian Gaming Power 50 Gala Dinner, held at Studio City in Macau on Friday night. Load Morelast_img read more

Macau December GGR hinting at better than expected growth

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first_imgLikewise, J.P. Morgan’s DS Kim and Sean Zhuang described the monthly progress as “very impressive”, being well above November’s MOP$833 million daily average. November GGR beat consensus by growing 8.5% to MOP$25 billion.The analysts pointed to strong volume in both VIP and mass across the past two weekends with VIP looking particularly solid.There is therefore a “good chance of another GGR beat for December,” Kim and Zhuang said, with December GGR shaping to reach 11% growth. However, this implies “only MOP$800 to MOP$810 million per day run rate and thus appears rather conservative versus MTD trends.“We wouldn’t be surprised to see December GGR printing mid-teens growth (unless demand/luck suddenly deteriorates here, which is rather unlikely), versus current consensus of +9% to +10% year-on-year.” JW Marriott at Galaxy Macau named venue and Galaxy Entertainment Group named Venue Sponsor for 2019 Asian Gaming Power 50 Black Tie Gala Dinner Load More Big trouble in little China RelatedPosts Macau’s gross gaming revenue (GGR) is trending “better than expected” over the first nine days of December, suggesting year-on-year growth could push into the teens, according to analysts.In a Monday note, Bernstein’s Vitaly Umansky, Eunice Lee and Kelsey Zhu said Macau’s operators had taken average daily revenue of MOP$877 million from 1 to 9 December, up 6% over a similar period last year and 20% over the entire December 2017 average. They added that December 2017 was “relatively weak with low hold and soft volumes, which makes for easier comparison” due to the loss of VIP business overseas and slowdown issues related to a large Guangdong underground bank. Strong VIP growth sees Okada Manila GGR climb 72% in Augustlast_img read more