08/23/20 Philippines wants US$2.87bn from POGOs A new law could regulate a 5 per cent franchise tax that would be charged on all bets made within the country.
08/23/20 Singapore relaxes border restrictions for tourists Travellers from New Zealand and Brunei will be tested on entry but will not have to serve a stay-home notice.
08/23/20 IPI owes over US$9.4 million in taxes According to a notice from the Department of Finance’s Division of Revenue and Taxation, the debts go back to 2017.
08/23/20 Former Crown boss addresses visas inquiry The public hearings over Crown’s China debacle have begun with authorities to decide if the company will keep its licence.
08/21/20 Waterfront casino operator profits despite crisis Waterfront Philippines, operator of several casinos, has revealed it made a profit in Q2 despite the pandemic crisis.
08/21/20 Macau visits increase 228% in July According to the Statistics and Census Bureau (DSEC), in July Macau received 74,006 visitors.
08/21/20 Macau Legend estimates US$63m losses for H1 Macau Legend has revealed financial results showing losses for the first half of the year due to the impact of the pandemic on tourism to Macau.
08/21/20 Slot machines manufacturer axes jobs to save costs Ainsworth Game Technology has made 64 redundancies in Australia and the US.
08/21/20 Genting HK suspends payments to creditors The company will hold a virtual meeting to give further information on financial restructuring plans. It asked creditors to refrain from legal action.
08/21/20 The Star reports losses of US$67.9m The Australian gaming group’s revenues were hit by the closure of its Sydney and Queensland properties from March to July.
08/21/20 Melco reports 88% drop in revenue for Q2 Revenue for the second quarter fell to US$0.18 billion.
08/21/20 Las Vegas Sands and AAEC legal battle delayed The next stage in the legal battle was set to take place in September but has been pushed back to June 2021.
08/20/20 Macau: new hirings in gaming sector plummet in Q2 According to the Macau Statistics and Census Bureau, the number of new employees hired in the sector fell 93 per cent.
08/20/20 Macau announces resumption of ferry services The SAR government expects to boost the gaming and tourism sector with the resumption of public transport to Zhuhai, in Guandong province.
08/20/20 Yokohama IR policy delayed According to Yokohama’s Mayor, the delay comes from the national government, that has not yet delivered its IR policy.