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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

01/12/24
Photo of Galaxy Entertainment Group.

Goldman Sachs maintains positive outlook for Galaxy amid Q4 headwinds

01/12/24
Philippines New POGOs tax to be approved with minor changes

Philippine stock market to benefit from gaming and tourism growth

01/12/24
Man with computer analysing graphics.

Summit Ascent to sell Tigre de Cristal licence for US$116m

01/12/24

Delta Corp to transform residential project into a resort hotel in Goa

Delta Corp has announced plans to transform a residential project in Miramar, Panaji, Goa into a resort hotel, aiming to meet the growing demand for upscale hotel rooms in the area.

01/11/24
Photo of an airport.

Macau airport forecasts 10-15% passenger volume increase in 2024

01/11/24

MGTO expects 3m overseas visitors in 2024

Macau’s tourism authority aims to attract 3 million overseas visitors in 2024, matching 2019 pre-pandemic levels.

01/11/24

Genting Malaysia buys US$100m stake in US casino operator Empire Resorts

With this investment, Genting Malaysia boosted its ownership stake in the U.S.-based casino operator to 90 per cent.

01/11/24

SJM Resorts awards one-month bonus to 98% of its staff

The casino operator aims to recognise its employees for their efforts in the company’s recovery from the Covid-19 pandemic.

01/11/24

Queensland gaming revenue up 4.1 per cent in December

Revenue was also up 4.6 per cent month-on-month.

01/10/24

Seventh IPI equipment auction raises over US$25K

Acceptable bids were received for 34 lots but no bids were received on the remaining 196 lots. An eighth auction is scheduled for February 23.

01/10/24

Okura Holdings to close another pachinko parlour in Nagasaki

Okura Holdings is closing down its K’s Plaza Ohato Hall in Nagasaki City due to its deteriorating financial performance and the resulting low customer traffic.

01/10/24

Delta Corp net profit plummets 59% in Q3

The company attributed the decline in net profits to lower revenue and expenses that were higher than expected.

01/10/24

HKJC recognized as outstanding contributor to Hangzhou Asian Games

01/09/24

Macau GGR reaches estimated US$548m in first week of January

Analysts at Citigroup say Macau’s casino gross gaming revenue reached a daily run-rate of MOP629m (US$78.4m).

01/09/24

Queen’s Wharf delays threaten Star’s debt refinancing, analysts say

Financial analysts at Jefferies have expressed concerns about Star Entertainment’s ability to refinance its debt due to delays in the construction of its new resort and casino in Brisbane.

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Highlighted Interview

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.