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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

03/17/22

Belle Corp posts US$24.9m in revenue for 2021

Belle Corp has reported that full-year 2021 revenue was up 104.7 per cent year-on-year to PHP1.30bn (US$24.9m).

03/16/22
Japan flag

Japan’s prime minister reaffirms position in favour of IRs

03/16/22

Summit Ascent expects to post 26% increase in revenue for 2021

Summit Ascent Holdings has announced it expects to record an increase in revenue and adjusted EBITDA of nearly HK$40.9m (US$5.2m) for the year ended December 31.

03/16/22
us1-billion-loss-for-macau-casinos-in-q2

Macau’s March GGR will be down 42% month-on-month, analysts say

03/16/22

Macau casino stocks fall further as China intensifies Covid-19 measures

Macau casino stock prices declined again as mainland China extended its countermeasures against a rise in Covid-19 cases.

03/15/22

ASEAN Gaming Summit 2022 Pop-Up Forum – Update on PIGOs

03/15/22
Macau MICE events attendees down 8.7% in Q1

Macau to continue to promote economic diversification

03/15/22

Macau GGR down 37% in second week of March

Macau’s GGR for the second week of March was down 37 per cent week-on-week mainly due to the rise in Covid-19 cases in mainland China.

03/14/22

Appointments and promotions at BMM Testlabs in Australia and Asia

03/14/22

LVS CEO drops hints about new Asian IR

Las Vegas Sands’ chairman and CEO Rob Goldstein has said the company is in conversations with an unnamed country.

03/14/22

80% of Singapore Pools turnover now comes from sports betting

Singapore’s minister of state for home affairs used the figures to make the case of an overhaul of gambling legislation.

03/14/22

Casino stocks fall as Macau toughens Covid-19 measures for Guangdong and other areas

Covid-19 countermeasures have been reintroduced for inbound travellers entering Macau from Guangdong and other areas on the Chinese mainland.

03/14/22

Studio City Phase II to be completed by September, says Melco chairman

Lawrence Ho Yau Lung, chairman and chief executive of casino operator Melco Resorts and Entertainment Ltd, has said he expects Studio City’s Phase II construction to be finished by September.

03/11/22

Nagasaki’s IR costs rise by 25%

The capital cost for the development of an integrated resort has risen from JPY350bn (US$3.2bn) to JPY438.3bn (US$3.8bn).

03/11/22
City of Macau

Macau legislators propose casino concessionaires pledge to compensation fund

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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.