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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

04/01/22

Tabcorp’s spin-off of its businesses to be voted by shareholders

The Supreme Court of New South Wales has ordered a meeting of shareholders to vote on the proposed demerger of Tabcorp’s lotteries and keno business.

04/01/22

Genting Singapore to show revenue and profit in 2022, analysts say

Analysts at Bernstein say the reopening of borders in Singapore will allow Genting Singapore to report revenue and profit for the rest of the year.

04/01/22

Star names John O’Neill as interim executive chairman

John O’Neill will assume the role of interim CEO of the Star Entertainment Group immediately.

04/01/22

Macau Legend announces governance review following arrest of former CEO

04/01/22

Macau: March GGR lowest since September 2020

Macau has reported gross gambling revenue of MOP3.67bn (US$454.5m) for March, down 52.7 per cent month-on-month.

03/31/22

Philippines: BIR announces 5% tax for e-sabong and casino operators

E-sabong and casino operators will have to pay a 5 per cent franchise tax to the BIR on their income.

03/31/22
Crown Resorts expects to post a net debt of US$676m for the FY21

Crown board urge shareholders to back Blackstone’s offer

03/31/22

Bally’s Corp seeks to enter Japan IR contest with casino resort in Fukuoka

The US company wants to develop an integrated resort in the city of Fukuoka, Japan’s sixth-largest city.

03/31/22

All Macau casino operators have requested extension of concessions

Adriano Ho of the Gaming Inspection and Coordination Bureau (DICJ) has confirmed that the six operators have submitted proposals to extend their concessions for another six months.

03/30/22

Kiwibank customers spend AU$30m a month on online gambling

The bank says gambling spend increased “massively” during Covid-19 lockdowns and hasn’t gone down since.

03/30/22

Macau occupancy rate up 10.3 percentage points in February

The Statistics and Census Service (DSEC) has reported that Macau’s hotel occupancy rate was 48.7 per cent in February.

03/30/22

Suncity Group reports US$33m loss for 2021

Suncity Group Holdings Ltd has shared its financial results for the year 2021, positing a loss of HKD258.3m (US$33m).

03/30/22

Wakayama City Council gives first OK to IR bid

03/30/22
City of Macau

Macau Golden Group terminates VIP gaming operations

03/29/22

IPI appoints Chen Feng as joint chairman and executive director

The company has also announced the appointment of Chi Yuan as an independent non-executive director.

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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.