04/17/21 Macau to reconsider city’s gaming licence criteria Analysts believe Macau should include requirements on investment to boost diversification as part of the retendering process for gaming licences.
04/17/21 Japan’s pachinko revenues reach 75% of pre-pandemic levels Although sales in the sector seem to be recovering, pachinko revenues could fall again if Japan suffers a new wave of Covid-19 cases.
04/17/21 Macau could reduce non-resident ‘blue card’ holders The Macau government could take the decision soon if the unemployment rate continues rising amid a difficult economic situation.
04/16/21 Sands China decries gambling site using its brand Sands China has denounced a gambling website operating under the name of “Sands Macao”.
04/16/21 Macau gaming tax revenue drops 50% in Q1 Macau’s government collected MOP9.17bn (US$1.15bn) in tax revenue from the gaming industry in the first three months of 2021.
04/16/21 Yokohama anti-IR mayoral candidate launches campaign Akiko Fujimura has confirmed she will run for mayor in Yokohama City. The elections are scheduled for August 22.
04/16/21 Macau’s economy to rebound by 53 per cent in 2021, analysts say Fitch Ratings Inc. has said that Macau’s economy could rebound after the impact of the Covid-19 pandemic.
04/16/21 South Korea: only two Jeju casinos currently open Jeju Shinhwa World and Paradise Casino are the only foreigner-only casinos currently operating on Jeju island in South Korea.
04/16/21 Bloomberry puts back opening date for Philippines IR Bloomberry Resorts has put back the opening date for its Philippines IR to 2023 after construction was halted due to Covid-19 measures.
04/16/21 Online betting boosts horseracing bets in Japan Proceeds from domestic races increased 30.1 per cent in the fiscal year 2020 to JPY912.29bn (US$8.4bn), the highest in nearly 30 years.
04/15/21 Macau may test issuance of virtual currency Analysts believe the issuance of virtual currency could transform Macau’s gaming industry as junket operators will no longer be needed.
04/15/21 Genting Malaysia issues US$1.0bn in notes to refinance borrowings Genting Malaysia has issued unsecured notes to refinance existing borrowings and raise cash for capital needs.
04/15/21 Vietnam: casinos on conditional list for foreign investment The Vietnam government has released a conditional list of restricted sectors for foreign investment, which includes casinos.
04/15/21 Philippines: government employees arrested for illegal gambling Police have busted a gambling den in Solana and arrested nine people. Among them were local government unit (LGU) employees and teachers.
04/15/21 Macau considers extending tourism incentives to rest of Asia Macau may extend its incentive scheme for mainland Chinese tourists to other countries.
