07/02/20 POGOs must settle bills before leaving the country The presidential spokesperson has said POGOs are liable for tax bills even if they decide to shut down operations and leave the Philippine market.
07/01/20 Malaysian gaming may not recover until at least 2021 Travel bans and social distancing measures will injure the finances of local operators well into next year, analysts predict.
07/01/20 HK extends quarantine measures until August The plan for a “travel bubble” between Macau, Hong Kong and Guangdong has been delayed as HK extends quarantine.
07/01/20 Warnings on economic impact of POGO “exodus” ASPAP is concerned about potential job loses, the impact on the real estate industry and the economy in general.
07/01/20 Japan could delay IR licence process Japanese authorities are considering a potential delay to the country’s schedule for developing integrated resorts (IR).
07/01/20 Philippines to cancel POGOs’ foreign workers permits The Department of Labor is waiting on confirmation from PAGCOR to automatically revoke POGOs’ foreign workers’ permits.
07/01/20 South Shore increases revenue and reduces losses The company has reported total revenue of HK$10,899 million (US$1,406 million) for the year ending in March 31.
06/30/20 Coronavirus won’t delay Sands Cotai opening Phase one of the complex and hotel will be ready by September 2020.
06/30/20 Employment and economic forecast in Macau The gaming and junket industries were responsible for much of the increase in unemployment and underemployment in Macau.
06/30/20 Suncity’s Hoiana opens for preview The grand opening of the group’s first integrated resort is set to take place in 2021.
06/30/20 Revenue falls 14% at Philippine casinos Casino operations in the first quarter were heavily impacted by quarantine measures in the Philippines, but POGOs saw an increase in revenue.
06/30/20 Paradise City closes non-gaming areas The company began to reopen its casinos in South Korea but will close some areas again due to the spread of Covid-19.
06/30/20 PAGCOR warns POGOs leaving Philippines The body warns that two POGOs have pulled out of the Philippines due to tax battle with the Bureau of Internal Revenue.
06/30/20 Singapore IRs given green light to reopen Singapore’s two IRs can reopen at 25 per cent capacity as of tomorrow.
