07/22/20 China: travel will return to growth by 2022 Analysts expect the Chinese tourists’ appetite for overseas travel to recover beyond 2019 figures within two years.
07/22/20 Betting shops reopen in Singapore and Japan Safety protocols remain in place and some venues will not be able to screen televised races or display information.
07/22/20 “Australians have unlicensed casinos in their pocket” The RWA has warned that the surge in gambling spending during the Covid-19 crisis was fuelled by illegal websites.
07/22/20 Genting Malaysia sees visits recover by half Both mass-market and VIP have seen a mild recovery since Malaysian casinos began to reopen on June 15.
07/22/20 Macau EBITDA “should break even in Q3” Morgan Stanley has lowered the expectations for GGR recovery this year but believes casinos should break even in Q3.
07/22/20 Japan’s IR policy no longer expected this month The criteria for selecting IR licences was expected to be revealed on July 26 but the goverment now says the deadline is not fixed.
07/21/20 Macau daily visitors down 99.3% in June Visitor numbers remain low but are a significant improvement from May’s arrivals. Visit length also increased.
07/21/20 DICJ to conduct stricter inspections in casinos Inspections will coninue and meetings with the six largest casino operators in Macau are being held to evaluate Covid-19 measures.
07/21/20 IR contender gives US$200,000 to Nagasaki NGO The money will go to relief efforts aimed at alleviating the effects of the recent torrential rains and floods in the area.
07/21/20 NagaCorp back to full business this week The casino in Cambodia has been allowed to reopen to mass-market customers from this week
07/21/20 IPI names CEO and asks for licence fee reduction The casino operator still breached the July 10 deadline the CCC had established to replace former CEO Mark Brown.
07/21/20 Marina Bay Sands returns US$6.5m to VIP customer A Chinese gambler said the company transferred money out of his account to other players without his consent.
07/21/20 Cricket T20 World Cup in Australia suspended The men’s tournament has been moved to October – November 2021 due to the Covid-19 pandemic.
07/19/20 Lawrence Ho acquires US$60M of Studio City notes The chairman and CEO of Melco Resorts & Entertainment Limited, majority owner of Studio City, bought US$60 million of new senior notes.
07/19/20 Australia will block 11 offshore gambling sites The Communications and media authority has warned gamblers to withdraw any money they still hold on the sites.
