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Focus Gaming News Asia Pacific | Business

Business

Check the latest Business news

01/19/22

Genting Hong Kong confirms filing for bankruptcy protection

01/19/22

Macau casino operators to be given minimum annual GGR target

The expected gross gaming revenue will be calculated based on each casino operator’s maximum number of gaming tables and slot machines.

01/18/22

Delta Corp to replace Goa casino boat to increase capacity

Hardik Dhebar, Delta Corp’s chief financial officer, has announced the company will replace Deltin Caravela in Goa with a new boat to increase capacity by 2.5 times.

01/18/22

Macau GGR down 8% in second week of January

Macau’s GGR for the second week of January was down 8 per cent week-on-week with average daily revenue of MOP244m (US$30.5m).

01/18/22

Tab NZ appoints Mike Tod as new CEO

TAB NZ’s board has named Mike Tod as CEO with effect from March 21.

01/17/22

Macau casino stocks rise after new gaming law announcement

Macau casino stock prices rose after authorities announced details of the gaming law amendment bill.

01/14/22

CCC: 11 employees have submitted their renewal contracts

Andrew Yeom, the CCC’s executive director, said the regulator’s remaining 11 employees have submitted their renewal contracts.

01/14/22
Donaco International

Donaco CEO confident about long-term outlook for Aristo Hotel in Vietnam

01/14/22

Andy Lin Chuen Chow steps down as Rich Goldman chairman

Rich Goldman Holdings Ltd. has announced Andy Lin Chuen Chow will resign as chairman of the company and is going to be replaced by Lin Yee Man.

01/13/22

Macau: US-controlled casinos will not be treated differently, Fitch says

Analysts at Fitch Ratings Inc. stated US casinos in Macau are key to the local gaming industry and won’t be treated any differently from local casino operators.

01/13/22

Macau GGR could reach 44 per cent of pre-pandemic levels, analysts say

Sanford C. Bernstein Ltd. forecasts Macau’s GGR is likely to recover 47 per cent year-over-year in 2022.

01/13/22

Okada Manila posts GGR of US$137m for Q4

Universal Entertainment Corp. has reported Okada Manila’s GGR rose 68.2 per cent when compared to the previous quarter.

01/13/22
Crown Resorts expects to post a net debt of US$676m for the FY21

Crown Resorts receives a new offer from Blackstone

01/12/22

BetConstruct adds new poker type badugi

01/12/22

IEC appoints Chan Chun Lam as Chief Financial Officer

Through a press release, International Entertainment Corp (IEC) has confirmed Chan Chun Lam has been appointed as Chief Financial Officer from 11 January 2022.

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Highlighted Interview

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Joakim Nils Erik Vikman, Altenar: “Minor sports and lower-turnover leagues serve as incredibly effective acquisition tools”

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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.