09/01/20 India seizes over US$6m for illegal gambling India’s Enforcement Directorate seized the funds during a major operation against illegal gambling in four cities.
08/31/20 Landing International pauses expansion due to losses Casino investor Landing International has decided to suspend expansion due to the impact of the pandemic on the business.
08/31/20 Bernstein: casinos to breakeven in Q4 Analysts at Sandford C. Bernstein predict a recovery from September onwards for gaming operators with stronger premium segments.
08/31/20 Success Universe reports US$17m net loss for H1 Casino operator Success Universe, responsible for Ponte 16 casino, has reported revenue of HK$333.8 million for the first half.
08/30/20 Ainsworth full-year revenues down 36% The company eliminated 107 positions globally and employees took voluntary pay cuts to save US$7.3 million in costs.
08/30/20 South Korea to allow online betting on horse racing A bill to amend the Korean Horse Racing Act introduced by the ruling Democratic Party is supported by 15 lawmakers.
08/30/20 Melco posts 65.5% drop in revenues for H1 The gaming giant said lockdown measures and travel restrictions caused visitation to fall 84 per cent below the first half of 2019.
08/30/20 New casino to open in Myanmar in 2024 Thailand’s Centara Hotels & Resorts will include a casino in a new 200-room hotel with a built-in shopping mall.
08/29/20 Japan could put back IR plan by a year Bay City Ventures managing director Joji Kokuryo says the country would be better to avoid any delay creating an overlap with Macau retendering.
08/28/20 Macau encourages mainland Chinese to visit the city Macau authorities have launched a campaign to encourage mainlanders to stay longer in the city.
08/28/20 Shinzo Abe’s exit could impact gaming sector Japan’s prime minister has resigned due to health concerns.
08/28/20 NagaCorp reports net profit of US$20m for H1 NagaCorp revealed its financial results for the first half of the year and showed profits despite pandemic lockdown.
08/28/20 Gaming revenues fall 67% at Macau Legend Losses after tax were worse than expected, hitting US$70.9 million for the first half.
08/28/20 Paradise Entertainment posts losses of US$14.3m for H1 The Macau gaming company saw a 20.1 per cent decrease in revenue in a period that saw it drop its Casino Waldo contract.
08/28/20 HKJC reopens off-course betting shops Branches will reopen on non-race days for validating betting tickets and cash vouchers.
