G3Newswire ASIA & OCEANIA GAMING NEWS
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AUSTRALIA - INTERBLOCK INSTALLS AT MOUNTIES Luxury gaming manufacturer Interblock has steadily grown its footprint across the Asia Pacific region in recent years, and now the company has brought the brilliance of its electronic table games to Australia for the first time in New South Wales. Interblock has installed its Diamond Roulette game at Mt Pritchard & District Community Club Ltd (Mounties). Interblock’s Diamond Roulette replaces a competitive game. Mounties is the 2009, 2007 & 2006 ClubsNSW Large Club of the Year. Mounties is also one of the biggest clubs in Australia, located just five minutes from Liverpool in Sydney’s southwest.
Mounties Group Gaming Operations Manager Michael Pullin said, “At Mounties, we strive to create a fully rounded enter- tainment experience for all of our guests, and we are very excited to be the first club in Australia to have Interblock’s luxury electronic roulette table game. We know our players will enjoy this newest entertainment platform.”
AUSTRALIA - GLI GAINS GSA ACCREDITATION Gaming Laboratories International (GLI) Australia was recently granted authorisation to certify gaming equipment under the GSA protocols. The accreditation, granted by NATA, allows GLI Australia’s Adelaide and Sydney laboratories to test and provide certification reports to clients seeking approval of gaming equipment that supports GSA’s G2S, S2S, GAT and Transport standards.
GLI’s Senior Manager of Regulation Compliance and QA Phillip Harrison said, “GLI’s capability to test the latest equip- ment and systems continues to meet the needs of the industry and regulators. We are excited to be recognised by NATA to test G2S and S2S communications under its ISO 17025 accreditation.”
The GSA Certification Program was designed to provide the gaming industry a level of assurance that products correctly implement GSA standards, ensuring consistent implementa- tion of standards and improved interoperability. In the United States, GLI became the first organization approved as an authorized test laboratory in accordance with GSA’s new Certification Program in 2008.
Recently, GLI Australia expanded one of its locations, growing from 1,000 square meters to 1,600 square meters in Adelaide, and opened a new facility in Sydney. Between the three Australia laboratories, GLI has increased local staffing levels in order to accommodate the growing demand.
AUSTRALIA - INTERBLOCK EXPANDS ASIA TEAM Interblock has appointed two sea- soned gaming service professionals to its growing Asia Pacific team. Brett Surenne is now Interblock’s Service Manager for the Asia Pacific region, and Steve Yates has been named Sales Manager for the New South Wales territory.
“Bringing high profile professionals of Brett’s and Steve’s caliber to Interblock underscores our message that we are very serious about expanding our footprint and business opportunities throughout the Asia Pacific region,” said Cameron Louis, Interblock’s Senior Vice President of Asia Pacific (pictured).
4 4 MANILA BAY RESORTS TOPPING OFF
Tiger Resorts and Universal Entertainment completed the topping off ceremony for the long-awaited Manila Bay Resorts
Philippines - New Projects
It’s a busy period for Universal Entertainment and its Philippine subsidiary Tiger Resorts as the oper- ator recently gained a new local partner for its Manila Bay Resorts, acquire the necessary exten- sion from the government to complete the project and hold the topping off ceremony for the eagerly awaited project.
The topping off ceremony was to celebrate com- pletion of the building’s outer structure but Universal had plenty more reasons to rejoice, having now met a number of requirements from state-owned operator and regulator PAGCOR, including guaranteeing the project’s funding which has now increased by a third to $US4bn.
It had run into difficulty earlier this year with PAGCOR confiscating PHP100m ($2.24m) from Universal after it failed to open its venue before March 31, 2015. Universal had also cancelled its agreement with local company Century Properties who had agreed to be its local partner, a pivotal requirement for the development to go ahead.
Tiger Resorts said in a statement: “Through this collaboration with Mr Cojuangco, Tiger Resort has acquired a strong local partner that will add value to the development by lending his years of experi- ence and expertise in the tourism and arts indus- tries. Mr Cojuangco is the right partner to help Tiger Resort in catering to the Filipino people and establishing business partnerships that will help position the property as the entertainment desti- nation of choice in Manila.”
Universal owner Kazuo Okada added: “All prepa- rations are under way and our whole team is working hard in ensuring that everything gets fin- ished properly and on-time. The vision is to pro- vide a place that people can enjoy. We are very proud of bringing this place to the Philippines. To PAGCOR, we are committed to provide the best casino. This is my main dream, to have an enter- tainment project for everyone to enjoy.”
PAGCOR Vice President for Gaming Licensing and Development Francis Hernando said the delays were due to the ‘increased scale’ of the project.
But if these extraordinary items were excluded, the company said its net income for the first half would have been 103 per cent higher than its 2014 net income of P411.1m ($9.02m).
Belle Corporation first half net income halves over last year
PHILIPPINES In a disclosure to the Philippine Stock Exchange, the Philippine- listed company said its net income for the first six months of the year was at P836.5m ($18.29m). This amount is 50 per- cent lower than the P1.66bn net income posted in the same period last year.
Belle attributed the drop to the one-time gains that it enjoyed in
2014. According to the company, the non-recurring items from last year amounted to P1.25bn ($27.43m) that it earned from the P30.7m ($673,762) after-tax gain from the redemption of the SM Investment Corporation’s—its parent company—retail bonds in August 2014, and the reversal of investment loss reserves of its subsidiary, Premium Leisure Corp (PLC), amounting to P1.219bn ($26.75m).
Meanwhile, Belle posted a total revenue of P2.75bn ($60.57m) for the first half, which is about 158 per cent higher than last year’s P1.06bn ($23.26m). This increase was mainly due to gaming share of PLC from the City of Dreams Manila, which opened in February.
Belle’s assets include land and buildings at the Pagcor Entertainment City, which are currently being leased on a long- term basis to Melco Crown Entertainment Limited (MCE). The 6.2 hectares of land is cur- rently the site of the City of Dreams Manila.
Belle also has a share in earnings from City of Dreams’ gaming operations through PLC.
Tiger Resort has now officially confirmed its new local partner with All Seasons Hotel and Resort Corp, teaming up with Tiger. The new partner is led by Antonio Cojuangco, a relative of Philippine President Benigno Aquino.
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