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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

03/10/22

IPI pays workers after a week’s delay

Imperial Pacific has reported that it has paid the 17 security guards at its unfinished casino hotel in Garapan.

03/10/22

Genting Hong Kong lays off over 60 employees in Singapore

Layoffs began in January, soon after the company filed for liquidation.

03/10/22

Genting Malaysia to increase capacity before borders reopen

Genting Malaysia Bhd has revealed that Resorts World Genting will increase its productivity and efficiency before Malaysia reopens its borders on April 1.

03/09/22

Russia sanctions likely led NagaCorp to halt Vladivostok resort

An analyst at Daiwa Capital Markets Hong Kong Ltd has suggested NagaCorp may have decided to halt the development of its casino resort in Vladivostok due to international financial sanctions against Russia.

03/09/22

LRWC to put share funds towards online platform

LRWC has announced it will use the funds from its latest share issuance to develop its online platform.

03/08/22

Wakayama governor calls for extraordinary meeting to seek IR approval

Yoshinobu Nisaka, Wakayama’s governor, wants an extraordinary meeting to seek approval to host an integrated resort in the city.

03/08/22

LRWC expects to raise US$40.3m from share issuance

LRWC’s board of directors has approved and authorised the issuance of 1.27 billion common shares from it unissued capital stock. The company has not disclosed how it plans to use the funds.

03/08/22

Vaccinated travel lanes offer path to recovery for Marina Bay Sands

03/08/22
City of Macau

Macau GGR down 32% in first week of March

03/07/22

Drop in Macau gaming workers continues in Q4

Authorities in Macau have revealed that the unemployment rate in the city rose in the final quarter of 2021.

03/07/22

Bloomberry revenue up 50% in Q4

Bloomberry Resorts Corp revenue was up 13 per cent from PHP7.1bn to PHP8bn (US$153m) quarter-on-quarter.

03/04/22
Finance

Macau GDP up 18% in 2021

03/04/22

Australia: two NRL clubs turn their backs on gambling sponsorship

The Bulldogs and the Rabbitohs have announced they will also restrict betting promotions on ground signage and big screens.

03/04/22

NagaCorp halts development of Russian gaming resort

NagaCorp has announced it will indefinitely suspend the development of a gaming resort in Vladivostok.

03/03/22

Imperial Pacific delays pay due to financial problems

Imperial Pacific has failed to comply with its scheduled payments for February as it continues to face financial problems.

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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.