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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

09/26/22

Hong Kong lifts hotel quarantine measures

Hong Kong has ended hotel quarantine for arrivals, requiring people to monitor themselves for three days for signs of Covid-19.

09/26/22

Macau casino operators could return to positive EBITDA in Q4

Brokerage JP Morgan believes the resumption of the e-visa system for residents of mainland China could benefit Macau gaming operators.

09/26/22

Geoff Hogg steps down as Star’s acting chief executive officer

The decision comes as the Star Entertainment Group prepares to respond to the report from the New South Wales inquiry into its suitability.

09/23/22

RGB Macau wins bulk order valued at U$59.10m

One of RGB Macau’s existing customers has placed a bulk order valued at RM270m (US$59.10m).

09/22/22

Tabcorp sells eBet for US$41.5m

The unit has been bought by Venue Digital Technology Pty Ltd, a company founded by former Tabcorp executive Frank Makryllos.

09/22/22

SJM receives 493 acceptances for excess rights shares

The group has received in aggregate 493 valid acceptances and applications in respect to approximately 3.84bn rights shares.

09/22/22

MGTO lowers expectations for October Golden Week

MGTO director Maria Helena de Senna Fernandes now has conservative expectations and doesn’t anticipate a surge in visitors.

09/21/22

MGM says getting new Macau gaming licence is top priority

Chief financial officer Jonathan Halkyard say the company has worked very hard on its application for the retender.

09/21/22

Macau visitor arrivals up 3,2% in August

Macau registered 331,397 visitor arrivals in August amid an easing of cross-border measures between Zhuhai and Macau.

09/21/22

Macau: doubts about benefit from Hong Kong’s easing of Covid-19 measures

Andy Wu Keng Kuong, president of the Macau Travel Industry Council, said the measure would have little impact on Macau’s tourism sector.

09/20/22

SJM directors apply for excess rights shares

The company has launched a rights issue by which it proposes to raise up to approximately HK$2.9bn.

09/20/22

Could Genting be seeking to partner with a Macau gaming operator?

Sanford C. Bernstein believes Genting’s bid for a Macau gaming concession could be an attempt to gain a partnership with an incumbent concessionaire.

09/20/22
LeoVegas considers bond issue to finance expansion

Macau GGR could be down 80% from pre-pandemic levels in September

09/20/22

LET Group Holdings enters into US$51m loan agreement

LET Group has pledged approximately 69.67 per cent of Summit Ascent Holdings Ltd’s total issued shares to secure the loan.

09/19/22
Genting Hong Kong allowed to resume operations from July

Hong Kong may ease Covid-19 countermeasures for incoming travellers

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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.