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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

08/04/22

SJM Holdings to receive US$254.8m loan from shareholder STDM

STDM’s loan is for a fixed period of six years from the date of drawdown, with a 4 per cent annual interest rate.

08/03/22
Crown Resorts expects to post a net debt of US$676m for the FY21

Peter Lawrence resigns as VIP general manager at Crown Melbourne

08/03/22

4 Macau casino resorts no longer in use as quarantine accommodation

The Macao Government Tourism Office has announced that four hotels are no longer being used in the Macau government’s quarantine programme.

08/02/22

Analysts expect Macau uptick during October Golden Week

If Covid-19 remains under control in Macau, analysts believe meaningful business will return to casinos during the October Golden Week.

08/01/22

IH Group chairman visits IPI site in Garapan

IH Group is to take over IPI’s casino and luxury villas. Construction of the hotel tower will continue as planned.

07/29/22

Macau extends “consolidation phase” until August 2

Covid-19 countermeasures will continue to be eased during the extended period.

07/29/22

Blackstone appoints Ian Silk as new chairman of Crown Melbourne

07/28/22
The Philippines urges for quick approval of new POGOs tax

Only 26 POGOs currently operate in the Philippines

07/27/22

Macau gaming industry to rebound once travel restrictions are erased

Analysts agree that the gaming industry’s recovery could come quickly once travel restrictions in Macau are lifted.

07/27/22

HK Jockey Club appoints new executive director for wagering products

Michael Fitzsimons has been promoted to the position with effect from September 1.

07/27/22

Bloomberry’s Solaire North IR on track to open in Q4 2023

Bloomberry held a formal topping-off ceremony at the Quezon City development this week.

07/25/22

NagaCorp’s founder transfers shares to family trust

Chen Lip Keong, NagaCorp’s founder, established the Sakai Trust to facilitate succession planning.

07/22/22

Summit shares not subject to mandatory bid from Suncity Group

Summit Ascent Holdings has issued a statement clarifying that Suncity Group Holdings is not required to make an offer for any of the balance of Summit Ascent’s shares.

07/22/22

Queenslanders lose more than AU$250m per month on pokies

The Alliance for Gambling Reform says that Queensland poker machine losses reached AU$2.789bn in 2021.

07/22/22
us1-billion-loss-for-macau-casinos-in-q2

Sands China could benefit from withdrawal of junket operations

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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.