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Business

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08/19/22

Macau visitor arrivals down 98.8% in July

Macau registered just 9,759 visitor arrivals in July.

08/18/22

Kangwon Land posts net profit of US$28.8m for Q2

Gross gaming revenue (GGR) was up by 51.5 per cent year-over-year.

08/18/22

Genting HK considers offer for Newport World Resorts stake

08/18/22

David Chow exits Macau Legend board

Founder and former non-executive director and co-chairman David Chow has retired from Macau Legend’s board.

08/18/22

Macau names committee members to oversee gaming concession tender

The committee will assist the city’s chief executive in drafting policies for the gaming sector.

08/17/22

Health advocates call for smoking ban in Crown Melbourne high-roller rooms

Casinos in Victoria are exempt from smoking regulations, but health campaigners have urged politicians to remove the exemption.

08/17/22

Macau GGR could reach US$185.7m in August, analysts say

Analysts at Citibank say Macau’s gross gaming revenue could be up 376 per cent month-on-month.

08/17/22

3.2m Filipinos affected by e-sabong ban

Seven licenced e-sabong operators had to lay off workers after the ban on operations.

08/17/22

PH Resorts posts net loss of US$4m for Q2

The group had no net operating revenue for the first six months of 2022 due to the temporary closure of the Donatela Resort & Sanctuary.

08/16/22

Suncity Group gets go-ahead to change name LET Group Holdings

Suncity Group Holdings has won shareholder approval to change its name to LET Group Holdings Ltd.

08/15/22

NagaCorp repurchases senior notes due to mature July 2024

NagaCorp has announced that it has repurchased 2024 senior notes of an aggregate principal amount of US$1.6m.

08/15/22

Star Entertainment Group appoints new non-executive directors

The Star Entertainment Group has named Anne Ward and David Foster as non-executive directors, subject to casino regulatory approvals being obtained.

08/12/22

Casino investors top Forbes Philippines’ 50 Richest list

Casino-related entrepreneurs take two of the top three spots in the list of the wealthiest people in the Philippines, while another name makes the top 10.

08/12/22

Mohegan’s Incheon IR development on track for 2023 launch

The company has added $73m to its previous allocation of funds for the IR development.

08/11/22

The Star posts update on Gold Coast resort development

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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.