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Business

Check the latest Business news

10/28/21

Cambodia to ease restrictions in Sihanoukville from November 30

Authorities in Cambodia have announced that fully vaccinated tourists will be allowed to visit Sihanoukville from November 30 without undergoing a 14-day quarantine.

10/28/21

Genting SkyWorlds to bring higher visitor arrivals to RWG, analysts say

Analysts at RHB Research predicted the reopening of Genting SkyWorlds, Genting Malaysia’s new outdoor theme park will lead to higher visitor arrivals to the IR.

10/28/21

Wakayama to begin IR public hearings on November 25

The Wakayama Prefectural Government has announced 14 public hearings on its IR development plan to be held from November 25 to December 5.

10/27/21

The Star sells the Treasury Casino for US$186m

The Star Entertainment Group has announced a sale and partial leaseback transaction with Charter Hall that includes the Treasury Casino and other assets.

10/27/21

Suntrust Resort Holdings appoints Sutha Kandiah as CFO

The former Suntrust Home Developers Inc has announced Sutha Kandiah will be its new chief financial officer (CFO).

10/27/21

Analysts expect Macau’s gaming concessions to be extended

Analysts at JP Morgan expect Macau’s gaming concessions will be renewed or extended beyond June 26, 2022, by six to twelve months.

10/26/21

SimplePlay launches the new slot Candy Witch

10/26/21

Macau casino operators to sponsor Grand Prix races

Macau’s six casino operators will each sponsor one of the races at the 68th Macau Grand Prix, which will take place from November 9 to 21 without international competitors due to Covid-19 restrictions.

10/25/21

Macau Legend criticises reduction of gaming concessionaires

David Chow, Macau Legend Co-Chairman, is against the government’s proposed changes to reduce the number of concessionaires.

10/25/21

Macau sees rise in visitor numbers after Covid-19 outbreak ends

A total of 25,252 arrivals were registered last Friday, the highest daily figure since local Covid-19 cases emerged at the end of September.

10/25/21

Sands China will continue leading Macau GGR, analysts say

Analysts at Sanford C. Bernstein have predicted Sands China will account for nearly 27 per cent of Macau’s GGR in the next few years.

10/22/21

Analysts expect increase in gaming taxes in Macau

A panel of analysts and gaming experts have discussed the possibility of an increase in gaming taxes in Macau if the government’s proposed changes to gaming laws are approved.

10/22/21

Singapore-Australia travel bubble could start at the end of October

Authorities in Australia are in talks with the Singapore government to launch a travel bubble for fully vaccinated students and business travellers at the end of October.

10/21/21

Crown Resorts shareholders reject exec exit payments

Crown Resorts shareholders have voted against the company’s remuneration report, opposing the casino operator for a second time.

10/21/21

Las Vegas Sands CEO expects Singapore casino market to recover in 2022

Robert Goldstein, Las Vegas Sands’ CEO, believes the market is likely to recover in 2022 thanks to a high Covid-19 vaccination rate and the opening of borders.

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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.