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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

04/07/22

Royal International expects to record US$1.6m loss in 2022

04/07/22

Wakayama governor urges prefectural assembly to vote in favour of IR

Wakayama’s governor hopes to submit IR plans to central government before the April 28 deadline.

04/07/22

Drop in South Korean casino workforce

The number of staff at major South Korean casinos has fallen since the start of the Covid-19 pandemic.

04/06/22
us1-billion-loss-for-macau-casinos-in-q2

SJM responsible for Grand Emperor Hotel casino layoffs

04/06/22
Commonwealth Casino Commission.

CCC chair raises doubts over IPI request to finish Garapan casino resort

04/06/22

NagaCorp splits CEO role in four

NagaCorp’s founder Chen Lip Keong is now the senior chief executive while his three sons have been appointed as chief executive officers.

04/06/22

Paradise Co casino sales up 11.8% in March

Paradise Co has reported that casino sales grew 11.8 per cent month-on-month from KRW17.07bn to KRW19.02bn (US$15.6m).

04/05/22

Landing International reports loss of US$134.9m for 2021

Landing International’s loss for 2021 was lower than the HKD2.12bn it lost in 2020.

04/05/22
us1-billion-loss-for-macau-casinos-in-q2

Macau junkets could become Vegas-style agents, analysts say

04/05/22

IPI’s payment delays will “complicate matters”, says CCC director

Andrew Yeom, the Commonwealth Casino Commission’s executive director, has said that delays in paying the salaries of Imperial Pacific International’s remaining employees will cause more complications.

04/04/22

China lottery sales up 18.6% in February

Authorities reported that Chinese lottery sales for February reached CNY22.48bn (US$3.54bn).

04/04/22

Stanley Choi Chiu Fai steps down as IEC executive director

Stanley Choi Chiu Fai has resigned as executive director to focus on other business commitments.

04/04/22

Suncity terminates travel business

The company says it took the decision due to the impact of the Covid-19 pandemic and the disposal of Suncity Group Holdings’ aircraft.

04/04/22

NagaCorp posts GGR of US$109.9m for Q1

NagaCorp has released its financial results for the first quarter of the year 2022, reporting a drop in gross gaming revenue but increase in EBITDA.

04/01/22

Moody’s downgrades MGM Resorts Corporate Family Rating to B1

Analysts at Moody’s Investors Service have downgraded MGM Resorts International’s corporate family rating from Ba3 to B1.

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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.