08/29/22 Macau GDP down 39.3% for Q2 During the three months to June 30, exports of services fell by 48.6 per cent when compared to last year.
08/26/22 Australia’s Northern Territory plans to regulate crypto gambling The Northern Territory Racing Commission has opened a public consultation on the use of cryptocurrencies as a payment and betting option.
08/26/22 Macau should take leadership in diversifying its economy, analyst says On the second day of G2E Asia 2022 Special Edition: Singapore, analysts discussed the outlook for the Macau gaming market.
08/26/22 Covid-19 reminded casinos of the importance of local markets, says PH Resorts COO José Angel Sueiro, chief operating officer at PH Resorts Group Holdings, said the local market became relevant again for casino operators after the Covid-19 pandemic.
08/26/22 Melco’s roadshows generated US$544,516 in revenue for Local SMEs in H1 The company carried out more than 90 roadshows from January to June.
08/26/22 Paradise Entertainment posts US$11.2m loss for H1 The company’s net loss for the period widened three-fold on a year-on-year basis.
08/26/22 Genting Malaysia revenue up 166% in Q2 The casino operator has reported an increase in revenue driven by the lifting of Covid-19-related restrictions.
08/25/22 Wong Chui Lai steps down as Galaxy Entertainment company secretary Jenifer Sin Li Mei Wah has taken over as company secretary and authorised representative.
08/25/22 SkyCity posts revenue of US$395m for FY22 SkyCity has reported a 33 per cent year-on-year decline in revenue, mainly due to the Covid-19 pandemic.
08/25/22 Macau will remain highly profitable for casinos, analysts say An analyst from Morgan Stanley Asia said capital expenditures are expected to fall while the local mass market is gradually recovering.
08/25/22 Macau police to set up anti-fraud communication channel with casinos Police held an anti-fraud meeting with representatives of the gaming concessionaires to discuss job scams and human trafficking involving Macau residents.
08/25/22 Indonesia: 34 arrested over online gambling opertation Police in Central Java arrested 34 people for being involved in illegal online gambling activities.
