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Business

Check the latest Business news

12/01/21

Sands China to pay extra salary for 25,000 employees

Eligible non-senior management full-time team members will receive a bonus salary on January 17.

12/01/21

Crown Resorts confirms appointment of Ziggy Switkowski as chairman

The appointment of Ziggy Switkowski as an independent non-executive director of Crown has become effective following the receipt of all necessary regulatory approvals.

12/01/21

Western Australia registers record gambling revenue of US$1.6bn

The Racing and Wagering authority in Western Australia has reported record gambling revenue for the last financial year.

12/01/21

Macau GGR up 54.6% in November

Macau has reported gross gambling revenue of MOP6.75bn (US$844m) for November, up 54.6 per cent month-on-month.

11/30/21

Century confirms six-month loss of US$2.7m

Century Entertainment has shared its financial results for the six months ended 30 September 2021, posting a loss of HK$20.8m (US$2.7m).

11/30/21

Entain fined for breaching code of practice in Australia

The Northern Territory Racing Commission has fined Entain AU$26,690 for allowing its representatives to promote QR codes to activate a series of bonus cash promotions.

11/30/21

Metro Manila to remain at Alert Level 2 until December 15

Due to the new Omicron Covid-19 strain, authorities in The Philippines have decided to add new countermeasures and retain the capital city of Manila under Alert Level 2.

11/30/21

Alvin Chau to step down as Suncity CEO

Suncity has revealed that Alvin Chau has submitted his resignation amid concerns his arrest could affect company performance.

11/29/21

Hong Kong and China are closer to resuming quarantine-free travel

Authorities in Hong Kong have revealed that a travel bubble with mainland China could be launched soon as there have been advances between the two countries.

11/29/21

Macau expects up to 10 million visitors in 2022

Authorities believe an easing of travel restrictions with Hong Kong and mainland China could help the city reach 10 million tourist visits in 2022.

11/26/21

Sands China recognized by the Dow Jones Sustainability Index

Sands China has been included in the Dow Jones Sustainability Asia Pacific Index for its work on environmental and social issues.

11/26/21

Emperor posts net loss of US$10.8m for April – September

Emperor Entertainment has shared its financial results for the period from April to September 2021, revealing an improvement in gaming revenue.

11/26/21

Dreams Sports collects $840m in a funding round

Mumbai-based Dream Sports is now valued at $8bn.

11/26/21

Macau: economic diversification is inevitable, authorities say

Lei Wai Nong spoke at the Legislative Assembly during his 2022 policy address.

11/26/21

Genting Malaysia’s earnings to improve in Q4, analysts say

Analysts at Nomura have predicted the casino operator will start to see a recovery in the last quarter of the year.

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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.