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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

01/06/22

Jeju Dream Tower posts KRW8.13bn in gaming revenue for December

Lotte Tour Development Co Ltd has confirmed Jeju Dream Tower achieved its first positive EBITDA in December.

01/06/22

Melco Resorts to provide a one month bonus to non-management employees

Melco Resorts has announced it will pay a special bonus before Chinese New Year.

01/04/22

Authorities in Goa defer Delta Corp plans to develop an IR in Pernem

Pernem MLA and deputy chief minister Manohar Ajgaonkar objected to Delta Corp’s project to develop an IR arguing he doesn’t want casinos in his constituency.

01/04/22

Macau expects to collect just US$5.35m in taxes via junket commissions in 2022

Authorities in Macau predicted the government will only collect MOP43m (US$5.35m) from taxes on commissions paid by casinos to junkets.

01/04/22

Macau casino revenue could reach MOP130bn in 2022, analyst says

According to gaming experts, Macau’s casino revenue could be between MOP100bn and MOP130bn (US$16.18bn).

01/04/22

Grand Korea Leisure casino sales down 51.8% in 2021

Grand Korea Leisure (GKL) has reported a 51.8 per cent decline in casino sales year-on-year, from KRW186.02bn to KRW89.58bn.

01/03/22

Genting Malaysia to return to profitability in 2022, analysts say

Analysts at RHB Investment Bank have predicted the casino operator will return to profitability in 2022.

01/03/22
Macau to decide if Hong Kong visitors could enter casinos

Macau GGR up 1.8% in December

12/23/21

New South Wales reintroduces Covid-19 countermeasures

Due to the Omicron variant, authorities in New South Wales have decided to reintroduce QR code check-ins across retail and hospitality venues.

12/23/21

Deltin Group awaits casino licence in Daman

Anil Malani, Deltin Group’s CEO, said the company remains focused on the Goan market while it waits for a casino licence in Daman to continue expanding its business.

12/23/21

SkyCity expands partnership with Gaming Innovation Group

The casino operator will invest US$23.3m in Gaming Innovation Group to support the funding of GIG’s acquisition of Sportnco.

12/23/21

Osaka opens public consultation on IR plans

Osaka Prefecture has announced the opening of the period for public remarks on the proposed development of an integrated resort in the city.

12/22/21

Osaka’s IR project backed by 20 major companies

Osaka Prefecture has revealed that plans to develop an integrated resort will be backed by 20 major companies.

12/22/21

Melco brings Macau’s first W Hotel to Studio City Phase II

Melco Resorts & Entertainment has revealed it has entered into a strategic partnership with Marriott International to bring the W Hotels brand to Studio City Phase II.

12/22/21

MGM to pay one-off bonus to non-management staff

MGM China has revealed it will pay a one-time bonus to eligible non-management employees, which represent 95 per cent of its staff.

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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.