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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

04/20/22

Wakayama prefecture rejects IR plan

The Wakayama Prefectural Assembly voted against the plan, 22 votes to 18.

04/19/22

Macau mass GGR down 8.8% in Q1

Macau’s Gaming Inspection and Coordination Bureau has reported mass gross gaming revenue for the first quarter of the year.

04/19/22

Nagasaki prefectural assembly to vote on final draft of IR plan

The Nagasaki Prefectural Assembly will vote on the final draft of the IR District Development Plan tomorrow (April 20).

04/19/22

Genting Malaysia to post 26% increase in EBITDA for Q1, analysts say

Analysts at JP Morgan predict that Genting Malaysia’s EBITDA will rise 26 per cent to RM450m (US$105.8m).

04/19/22
City of Macau.

Macau to ease Covid-19 test requirements from tomorrow

04/18/22

Genting HK to be delisted if it fails to remedy trading suspension issues

The Stock Exchange of Hong Kong has reported that Genting Hong Kong will be delisted from the bourse unless it fully complies with listing rules and resumes trading by July 17, 2023.

04/18/22

Okada Manila allowed to offer online gaming for Philippine customers

PAGCOR has allowed the casino operator to offer live online table games and slots for the Philippine market.

04/18/22

Sands China has laid off 3,000 non-local employees during Covid-19 pandemic

Wilfred Wong Ying Wai, president of Sands China, has revealed that the company has dismissed more than 3,000 non-local employees since the start of the pandemic.

04/18/22

Resorts World Sentosa expansion plan to start this quarter

Resorts World Sentosa has reported it will start a phased refurbishment plan that will last until 2023.

04/14/22

Okada Manila posts GGR of US$115.7m for Q1

Okada Manila’s gross gaming revenue was down 14.1 per cent sequentially in the first quarter of the year.

04/14/22

US real estate company may be involved in Nagasaki IR funding

It’s been reported that US commercial real estate services and investment firm CBRE Group Inc is involved in financing of Nagasaki’s IR project.

04/14/22

MGM China confirms payment for six-month licence extension in Macau

The company has revealed in its annual report for 2021 that it paid MOP47m (US$6m) for the six-month extension of its current concession.

04/14/22

Marina Bay Sands to return to pre-pandemic levels in two years, analysts say

Analysts at Sanford C. Bernstein Ltd. predict the casino operator will see business grow in the second quarter and accelerate into 2023.

04/13/22

Melco Resorts at risk of being delisted from Nasdaq

The company has until May 3 to dispute the United States Securities and Exchange Commission’s identification of its status under the Holding Foreign Companies Accountable Act (HFCAA).

04/13/22

PhilWeb net profit down 22% in Q1

The electronic gaming outlet service provider has reported profit of Php5.6m (US$108,000).

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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.