08/14/20 South Korea: Jeju Dream Tower passes impact check Jeju Dream Tower has passed the Casino Impact Study Assessment required for any project that wants to expand.
08/14/20 Japan: Pixel Companyz joins Partouche for IR project The Japan listed company and the French casino operator have reached an agreement to develop an integrated resort in Japan.
08/14/20 Phil-Asian Gaming Expo introduces PAGE Sourcing The expo has launched a new platform through which casino operators can easily reach out to vendors and suppliers.
08/14/20 G2E Asia postpones 2020 events to focus on 2021 G2E Asia will be held next May and G2E Asia @ the Philippines will reconvene at the Manila Marriott Hotel in November 2021.
08/14/20 Chinese tourists will prefer Macau over Hong Kong A survey from Morgan Stanley found that with travel visas being reinstated, inbound tourists are more likely to choose Macau.
08/14/20 Regulator denies IPI’s request for abatement The casino says it cannot pay its US$15.5 million licence fee this year due to the drop in business during the pandemic.
08/14/20 Galaxy revenues plummet in first half of 2020 All of the group’s casinos showed losses in the first six months the year, including Galaxy Macau, which reported net revenues of US$490 million.
08/14/20 Fitch sees negative outlook for MGM and Sands Lower visitations in Macau, Singapore and Las Vegas Casinos are injuring the financial position of the gaming giants.
08/14/20 Macau safety measures will remain until vaccine available The Macau health bureau says adjustments will only be considered after a vaccine against the novel coronavirus is available.
08/13/20 Bloomberry reports US$96m loss for Q2 The Philippine casino operator has revealed financial results for the second quarter showing the impact of the pandemic.
08/13/20 Macau collected US$50m in tax revenue in July Macau’s Financial Services Bureau has revealed the tax figures for July.
08/13/20 Less than 100 POGOs active during lockdown Philippine offshore operators have not been successful in obtaining the necessary permits for foreign workers to return.
08/13/20 SkyCity increases Covid-19 measures in NZ Health safety measures have been stepped up at other properties as the Auckland casino closes its doors.
08/13/20 Summit Ascent issues profit warning The company expects an accumulated loss of US$6.45 million for the first half.
