10/13/20 Phil-Asian Gaming Expo postponed The event has been put back by six months due to the Covid-19 pandemic.
10/12/20 Genting Bhd EBITDA to fall 70%, analyst says The drop in visitors to Resorts World Sentosa and Resorts World Genting will hit earnings hard, Maybank IB forecasts.
10/12/20 Bank of China and BNU to continue issuing Macau banknotes The Bank of China and the BNU have signed an agreement with Macau to issue patacas for the next 10 years.
10/12/20 Japan: IR delay raises concerns The period for IR applications has been put back by nine months
10/11/20 Crown Resorts faces probe in second state Victoria will also probe Crown’s lack of controls on junket customers while NSW takes a decision on its Barangaroo licence.
10/11/20 Concerns raised over NSW cashless pokies plan Critics have raised questions about civil liberties and the financial impact on clubs and pubs
10/11/20 China looks to develop horseracing industry The government has presented a five-year plan to develop the sport and the industry, including the potential creation of a lottery.
10/11/20 Fresh round of subsidies for HK games centres Licence holders for mahjong and Tin Kau parlours, game centres and esports venues will receive one-off assistance of US$6,451.
10/11/20 Fitch expects MGM Macau revenue to drop 19% Rating the company’s new notes, the agency offered an outlook of what it expects for the Macau segment of the business.
10/09/20 Japan IR application process to be postponed According to local media, Japanese authorities will announce the extension of the application period for IR bids.
10/09/20 Macau GGR down 76% during Golden Week Revenue increased 279 per cent month-on-month but remained low compared to pre-pandemic levels.
10/09/20 Macau could return to pre-pandemic levels in 2022 According to JP Morgan analysts, Macau’s gaming industry will not see a complete recovery until 2022.
10/09/20 IPI gets 6-month deferral on US$20m debt The proposal to split the payment of its casino fee for 2020 has been rejected by the Commonwealth Lottery Commission.
10/09/20 Genting Hong Kong gets subsidy from Germany The cruise line has requested US$670 million but for now received only US$226million in government aid during the pandemic.
10/09/20 Singapore to resume cruises in November Two companies have been approved to operate the famous “cruises to nowhere” with enhanced safety protocols.
